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WWelcome to the November newsletter. It was another busy month, as expected with the pace keeping up until mid December.
Kind regards
David Sandeman
Managing Director
davids@eigroup.co.uk
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Essential Auction News
156 property auctions were held throughout the UK in October 2006.
We will compare these results to those of October 2005.
There is also a regional breakdown of statistics, and a detailed analysis of the type of properties offered and sold at auction.
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Overall Statistics October 2006
| Number of Auctions Held in the UK |
156 |
| Total Lots Offered |
3,772 |
| Total Lots Sold |
2,820 |
| Percent Sold |
75% |
| Total Realised |
£752,727,587 |
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National Auction Analysis
October was an extremely busy month, and the figures were well up on October 05. The number of lots offered was up 16% and the amount raised a staggering 40%. Percentage sold was also up from 69% to 74%.
These trends were also evident in the quarterly and year on year comparisons though not so dramatic with 7% more lots being offered Oct 05 - Oct 06 when compared with Oct 04 -Oct 05. the amount raised for the same period was up by 25% to over £5.3 billion.
| National Breakdown |
| |
Last Month |
Last Quarter |
Last Year |
| |
October 2006 |
October 2005 |
July-October 2006 |
July-October 2005 |
November 2005-October 2006 |
November 2004-October 2005 |
| Lots Offered |
3,772 |
3,259 |
8,236 |
7,522 |
33,437 |
31,126 |
| Lots Sold |
2,820 |
2,261 |
6,169 |
5,269 |
25,233 |
22,289 |
| Total Raised |
£752,727,587 |
£534,729,180 |
£1,293,835,623 |
£965,881,641 |
£5,330,863,070 |
£4,232,556,755 |
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Regional Auction Analysis
With such large increases nationally one could expect increase to be seen in the most of regions as well. This was the case with the exception of a couple of regions with some regions seeing increases of over 40%. A large commercial auction was held in Northern Ireland and that is reflected in the big increases seen there.
| Regional Breakdown |
| Location Map |
Lots Offered |
Lots Sold |
Total Raised |
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October 2006 |
October 2005 |
October 2006 |
October 2005 |
October 2006 |
October 2005 |
| East Anglia |
56 |
62 |
42 |
41 |
£12,695,500 |
£16,055,500 |
| East Midlands |
305 |
195 |
221 |
133 |
£45,162,995 |
£27,463,750 |
| London |
380 |
318 |
318 |
253 |
£135,955,650 |
£98,590,205 |
| North-East |
182 |
232 |
86 |
104 |
£15,454,370 |
£17,097,500 |
| North-West |
742 |
590 |
499 |
381 |
£75,563,100 |
£72,735,500 |
| North-West Home Counties |
232 |
180 |
174 |
133 |
£86,036,000 |
£49,017,500 |
| Northern Ireland |
35 |
4 |
24 |
4 |
£45,675,000 |
£239,500 |
| Scotland |
132 |
136 |
109 |
114 |
£20,085,128 |
£16,363,650 |
| South-East Home Counties |
434 |
436 |
362 |
325 |
£110,112,094 |
£86,343,045 |
| South-West |
298 |
319 |
242 |
218 |
£60,569,750 |
£50,720,500 |
| Wales |
222 |
212 |
163 |
153 |
£25,858,850 |
£23,948,050 |
| West Midlands |
416 |
337 |
294 |
223 |
£61,411,450 |
£45,640,000 |
| Yorkshire and The Humber |
338 |
238 |
286 |
179 |
£58,147,700 |
£30,514,480 |
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Your comments
If you would like to comment on anything in this email, or have any suggestions for future newsletters, we would love to hear from you. So please
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