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Auction results continue to climb

Following our fourth auction of the year, we have now offered some 771 properties from the rostrum, and sold 558. The number of lots offered and lots sold, has once again exceeded the results of any other London Residential Auctioneer and we continue to retain our leading market share offering around 1 in 4 of all residential auction lots in London.

Interest in buy-to-let properties again featured in this month's sale, with gross yield for the year-to-date now standing at an inflation busting 7.95%.

As bidders shrugged off any election uncertainty, notable sales this month included Lot 6, a freehold vacant house in Harrow sold on behalf of the Executors which made £426,000 off a guide of £395,000. Lot 8 was offered on behalf of East Thames Group housing association, this freehold vacant building for modernisation was guided at £650,000 sold for £736,000 after competitive bidding.

Outside London regional stock continued to drive strong interest with Lot 12, a substantial pair of freehold buildings sold by the receivers for £280,000 off a guide of £225,000 and Lot 158, a freehold house with potential offered by a housing association guided at £160,000 selling for £215,000. 

Forthcoming Auctions for 2017

Tuesday 20th June at The Grand Connaught Rooms
Tuesday 25th July at The Grand Connaught Rooms

For more information about selling your property in one of our auctions please call 0208 741 9990

Lot 12   Lot 158


Auction Results 16th May 2017
Download as pdf
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Lot 6

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Lot 8


Negotiator Auction Award

Click to view: 2016 Annual Review

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Previous News

News Date
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Title
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View ( Pdf)
 
April 2016
 
Total Sales Year to Date £84 million, up 23% on last year 
 
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March 2016
 

Bidder appetite remains strong

 
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February 2016 
 
Best February Auction since 2010 
 
PDF Link
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December 2015
 
Christmas shoppers push prices through the roof! 
 
PDF Link
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November 2015
 
Many sellers achieve a 100% success rate 
 
PDF Link
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October 2015
 
Single lot selling at £3.2m contributes to record sale for the year 
 
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September 2015
 
Sales top £200m! 
 
PDF Link
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July 2015 
 
Confident market sees another £26m raised 
 
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June 2015
 
Mid Summer Heat in the Auction Room 
 
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May 2015
 
Sales Top £120m 
 
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April 2015
 
Sales approach £65m 
 
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March 2015
 
Sale proceeds already top £21m
 
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February 2015
 
NHS In Good Health! 
 
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Barnard Marcus Auctions, Sovereign House, 361 King Street, London, W6 9NA
Tel: 020 8741 9990 or 020 8741 9001 | FAX: 020 8741 2188 or 020 8741 2168 | Email: auctions.hammersmith@sequencehome.co.uk