Further reading
Essential Auction News
Welcome to the November newsletter that looks back at auction activity in October and preceding periods
Overall Statistics - October 2018
Auctions Held in the UK 117
Total Lots Offered 3,437
Total Lots Sold 2,487
Percent Sold 72.4%
Total Realised £481,252,178
National Auction Analysis
The residential market saw lots offered fall from 2,788 lots in October 17 to 2,687 lots in October 18, a 3.6% drop, whilst total residential revenues fell by 7.3% to £275.1M.
In the same period the commercial market saw a 12.2% drop in lots offered, from 854 lots to 750 lots, but commercial revenues fell by an alarming 26.6%, to £206.2M.
View the full newsletter results
A word from the Editor:
As ever I would welcome any comments or feedback you may have regarding the newsletter or indeed the wider market in general.
Kind regards,
David Sandeman - Managing Director, EIG
davids@eigroup.co.uk
Receive the latest Essential Auction News straight to your inbox every month
Sign up here
Essential Information Group - News and Information
Keep up to date with our latest news, case studies and what's going on in the property auction industry on our blog.
Buying at auction
14/11/2024
Making Your First Move on the Property Ladder with UK Property Auctions
One approach that many first-time buyers overlook is purchasing a property at auction, which can provide significant opportunities for those looking to make their first move.
Buying at auction
21/10/2024
Unique Property Investment
Unique Property Investment: Former Public Toilets with Stunning Coastal Views Listed for Auction
Buying at auction
30/10/2024
Buying a Lot with Planning Permission: A Smart Investment Opportunity
When it comes to purchasing property, whether for personal use or as part of an investment strategy, buying a lot that already has planning permission offers several advantages.