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July 2017 Newsletter
Essential Auction News
National Auction AnalysisThe residential market saw a small increase in lots offered last month, up 1.5% to 2,317 lots, whilst lots sold fell by 0.6% to 1,684 lots. The rolling quarterly figures show minor fluctuations, but overall the sector's recent results have been largely comparable to those recorded last year. OverallN.B. Figures in brackets denote the comparative period last year
ResidentialN.B. Figures in brackets denote the comparative period last year
CommercialN.B. Figures in brackets denote the comparative period last year
Regional Auction AnalysisAs is usually the case, variations across all the measurable parameters can be seen across the regions. N.B. Figures in brackets denote the comparative period last year
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East Anglia| April 2017 to June 2017 | Total | Residential | Commercial | |||
| Lots Offered | 251 (276) | ▼ 9.1% | 199 (195) | ▲ 2.1% | 52 (81) | ▼ 35.8% |
| Lots Sold | 219 (223) | ▼ 1.8% | 170 (153) | ▲ 11.1% | 49 (70) | ▼ 30.0% |
| Percent Sold | 87.3% (80.8%) | ▲ 8.0% | 85.4% (78.5%) | ▲ 8.8% | 94.2% (86.4%) | ▲ 9.0% |
| Total Raised | £38M (£39M) | ▼ 4.3% | £27M (£23M) | ▲ 17.8% | £11M (£16M) | ▼ 35.1% |
East Midlands
| April 2017 to June 2017 | Total | Residential | Commercial | |||
| Lots Offered | 671 (624) | ▲ 7.5% | 579 (526) | ▲ 10.1% | 92 (98) | ▼ 6.1% |
| Lots Sold | 519 (460) | ▲ 12.8% | 449 (380) | ▲ 18.2% | 70 (80) | ▼ 12.5% |
| Percent Sold | 77.3% (73.7%) | ▲ 4.9% | 77.5% (72.2%) | ▲ 7.3% | 76.1% (81.6%) | ▼ 6.7% |
| Total Raised | £71M (£65M) | ▲ 9.0% | £53M (£43M) | ▲ 25.3% | £18M (£23M) | ▼ 21.6% |
London
| April 2017 to June 2017 | Total | Residential | Commercial | |||
| Lots Offered | 618 (678) | ▼ 8.8% | 567 (643) | ▼ 11.8% | 51 (35) | ▲ 45.7% |
| Lots Sold | 447 (515) | ▼ 13.2% | 405 (489) | ▼ 17.2% | 42 (26) | ▲ 61.5% |
| Percent Sold | 72.3% (76.0%) | ▼ 4.9% | 71.4% (76.0%) | ▼ 6.1% | 82.4% (74.3%) | ▲ 10.9% |
| Total Raised | £206M (£217M) | ▼ 5.3% | £173M (£198M) | ▼ 12.6% | £32M (£19M) | ▲ 71.7% |
North-East
| April 2017 to June 2017 | Total | Residential | Commercial | |||
| Lots Offered | 761 (874) | ▼ 12.9% | 708 (811) | ▼ 12.7% | 53 (63) | ▼ 15.9% |
| Lots Sold | 597 (645) | ▼ 7.4% | 555 (606) | ▼ 8.4% | 42 (39) | ▲ 7.7% |
| Percent Sold | 78.4% (73.8%) | ▲ 6.2% | 78.4% (74.7%) | ▲ 5.0% | 79.2% (61.9%) | ▲ 27.9% |
| Total Raised | £50M (£53M) | ▼ 5.5% | £40M (£45M) | ▼ 10.6% | £10M (£8M) | ▲ 23.5% |
North-West
| April 2017 to June 2017 | Total | Residential | Commercial | |||
| Lots Offered | 1,152 (1,249) | ▼ 7.8% | 928 (991) | ▼ 6.4% | 224 (258) | ▼ 13.2% |
| Lots Sold | 900 (953) | ▼ 5.6% | 732 (754) | ▼ 2.9% | 168 (199) | ▼ 15.6% |
| Percent Sold | 78.1% (76.3%) | ▲ 2.4% | 78.9% (76.1%) | ▲ 3.7% | 75.0% (77.1%) | ▼ 2.7% |
| Total Raised | £105M (£107M) | ▼ 1.5% | £68M (£65M) | ▲ 4.0% | £38M (£42M) | ▼ 10.0% |
North-West Home Counties
| April 2017 to June 2017 | Total | Residential | Commercial | |||
| Lots Offered | 373 (319) | ▲ 16.9% | 322 (258) | ▲ 24.8% | 51 (61) | ▼ 16.4% |
| Lots Sold | 289 (265) | ▲ 9.1% | 249 (216) | ▲ 15.3% | 40 (49) | ▼ 18.4% |
| Percent Sold | 77.5% (83.1%) | ▼ 6.7% | 77.3% (83.7%) | ▼ 7.6% | 78.4% (80.3%) | ▼ 2.4% |
| Total Raised | £69M (£81M) | ▼ 14.7% | £51M (£57M) | ▼ 9.9% | £18M (£24M) | ▼ 26.0% |
Northern Ireland
| April 2017 to June 2017 | Total | Residential | Commercial | |||
| Lots Offered | 290 (262) | ▲ 10.7% | 237 (226) | ▲ 4.9% | 53 (36) | ▲ 47.2% |
| Lots Sold | 184 (96) | ▲ 91.7% | 148 (79) | ▲ 87.3% | 36 (17) | ▲ 111.8% |
| Percent Sold | 63.4% (36.6%) | ▲ 73.2% | 62.4% (35.0%) | ▲ 78.3% | 67.9% (47.2%) | ▲ 43.9% |
| Total Raised | £27M (£7M) | ▲ 259.4% | £20M (£6M) | ▲ 246.2% | £7M (£2M) | ▲ 303.8% |
Scotland
| April 2017 to June 2017 | Total | Residential | Commercial | |||
| Lots Offered | 212 (206) | ▲ 2.9% | 160 (150) | ▲ 6.7% | 52 (56) | ▼ 7.1% |
| Lots Sold | 122 (122) | ▼ 0.0% | 85 (83) | ▲ 2.4% | 37 (39) | ▼ 5.1% |
| Percent Sold | 57.5% (59.2%) | ▼ 2.9% | 53.1% (55.3%) | ▼ 4.0% | 71.2% (69.6%) | ▲ 2.3% |
| Total Raised | £13M (£10M) | ▲ 32.1% | £5M (£5M) | ▼ 1.6% | £8M (£5M) | ▲ 64.8% |
South-East Home Counties
| April 2017 to June 2017 | Total | Residential | Commercial | |||
| Lots Offered | 944 (930) | ▲ 1.5% | 785 (747) | ▲ 5.1% | 159 (183) | ▼ 13.1% |
| Lots Sold | 741 (741) | ▼ 0.0% | 612 (594) | ▲ 3.0% | 129 (147) | ▼ 12.2% |
| Percent Sold | 78.5% (79.7%) | ▼ 1.5% | 78.0% (79.5%) | ▼ 1.9% | 81.1% (80.3%) | ▲ 1.0% |
| Total Raised | £172M (£203M) | ▼ 15.3% | £128M (£135M) | ▼ 5.5% | £44M (£68M) | ▼ 34.8% |
South-West
| April 2017 to June 2017 | Total | Residential | Commercial | |||
| Lots Offered | 576 (636) | ▼ 9.4% | 430 (482) | ▼ 10.8% | 146 (154) | ▼ 5.2% |
| Lots Sold | 425 (502) | ▼ 15.3% | 314 (379) | ▼ 17.2% | 111 (123) | ▼ 9.8% |
| Percent Sold | 73.8% (78.9%) | ▼ 6.5% | 73.0% (78.6%) | ▼ 7.1% | 76.0% (79.9%) | ▼ 4.9% |
| Total Raised | £87M (£102M) | ▼ 15.0% | £60M (£72M) | ▼ 16.7% | £27M (£30M) | ▼ 11.0% |
Wales
| April 2017 to June 2017 | Total | Residential | Commercial | |||
| Lots Offered | 560 (574) | ▼ 2.4% | 451 (425) | ▲ 6.1% | 109 (149) | ▼ 26.8% |
| Lots Sold | 412 (413) | ▼ 0.2% | 336 (310) | ▲ 8.4% | 76 (103) | ▼ 26.2% |
| Percent Sold | 73.6% (72.0%) | ▲ 2.2% | 74.5% (72.9%) | ▲ 2.2% | 69.7% (69.1%) | ▲ 0.9% |
| Total Raised | £41M (£40M) | ▲ 0.5% | £29M (£27M) | ▲ 6.8% | £12M (£13M) | ▼ 12.2% |
West Midlands
| April 2017 to June 2017 | Total | Residential | Commercial | |||
| Lots Offered | 965 (875) | ▲ 10.3% | 802 (705) | ▲ 13.8% | 163 (170) | ▼ 4.1% |
| Lots Sold | 733 (702) | ▲ 4.4% | 614 (571) | ▲ 7.5% | 119 (131) | ▼ 9.2% |
| Percent Sold | 76.0% (80.2%) | ▼ 5.2% | 76.6% (81.0%) | ▼ 5.4% | 73.0% (77.1%) | ▼ 5.3% |
| Total Raised | £97M (£94M) | ▲ 2.7% | £74M (£63M) | ▲ 18.3% | £23M (£32M) | ▼ 28.1% |
Yorkshire and The Humber
| April 2017 to June 2017 | Total | Residential | Commercial | |||
| Lots Offered | 749 (825) | ▼ 9.2% | 638 (699) | ▼ 8.7% | 111 (126) | ▼ 11.9% |
| Lots Sold | 589 (607) | ▼ 3.0% | 503 (515) | ▼ 2.3% | 86 (92) | ▼ 6.5% |
| Percent Sold | 78.6% (73.6%) | ▲ 6.8% | 78.8% (73.7%) | ▲ 6.9% | 77.5% (73.0%) | ▲ 6.2% |
| Total Raised | £75M (£66M) | ▲ 13.4% | £51M (£47M) | ▲ 6.9% | £25M (£19M) | ▲ 29.7% |
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