Auction Property Market Update for April 2010
Skip to Headline Statistics or Useful Resources
Really interesting to see the auction stats for this month as contrasting to a great previous month, the auction houses look like the interest in property has stalled - which may be due to the election or 'end of year' activity as the tax year closed on 5th April.
The turnover for residential properties which was growing strongly has started to drop back and the number of lots for sale have gone up, but the percentage of lots sold has gone down to one of it's lowest levels for a while: 68% versus last month's 74%.
READ MORE in the latest RAPID INVESTMENT UPDATE
REMEMBER: Do your research first and NEVER buy a property at auction without a survey and the legal checks!
Headline Statistics for Residential Auctions
These statistics are provided courtesty of
EIGROUP and are produced in
detail by region.
Quarterly Auction Headlines | Apr 10 | Feb-Apr 10 | Feb-Apr 09 | YoY +/- |
Lots Offered | 1,848 | 6,856 | 6,642 | +3.2% |
Lots Sold | 1,095 | 4,692 | 4,861 | -3.5% |
Percentage Sold | 59.3% | 68.4% | 73.2% | -6.6% |
Useful Resources
EIGROUP SAVILLSFor more market commentary on a national or local level:-
Contact Kate Faulkner on 07974 750562 or 0845 838 1763. To read more about Kate, please visit
ABOUT US, see
Kate on video and for media appearances, contact:
Sylvia Tidy-Harris
STH Management Tel +44 (0) 1530 263221
Mob +44 (0) 7970 646872
