Tag: auction

Land and Property Professionals

We sell, rent, manage, survey, plan and advise...what can we do for you?

Bedford: 01234 351000 (Sales, lettings and viewing enquiries)
01234 352201 (Professional services and general enquiries)
Buckingham: 01280 428010

The Gables, Little Green Lane, Caddington, Luton, Bedfordshire, LU1 4EW

This detached chalet house had extensive cracks throughout and an ongoing subsidence claim. It was originally due to enter our April 2020 auction but due to the pandemic, we offered the property in May instead at £320,000. This guide price was slightly above our recommended level as generally a lower guide price will encourage more interest in the property. Only eight people viewed and the feedback was negative, so we withdrew the property to allow the seller to agree a settlement figure with his insurers. The best offer post withdrawal was £275,000.

Once the seller had agreed a settlement with his insurers at the end of 2020 and been paid, we offered the property in our February 2021 auction, without the benefit of any continuation of insurance. This time it was offered at our recommended guide price of £250,000 and the reaction was totally different. A full viewing schedule saw 32 viewers, a number of pre-auction offers were rejected and the property sold in the auction for £370,000.

For more information, or to find out if your land or property is suitable for auction, please contact 01234 362899 or email robinsonandhall@auctionhouse.co.uk

Our February and April auctions have seen 38 lots offered and 36 sold, an impressive 95%. Our success is shared with fellow franchises – Auction House UK has announced that the first three months of 2021 have been the best ever in the 14-year history of the group.

Charles Lovell, Head of Auction House Robinson & Hall, said: “These are the sorts of figures which will really make our competitors sit up and take notice! Auction House has turned into the F1 of property auctioneers – and the truth is, there’s plenty of mileage left in the tank!”

“This would be a superb set of figures in conventional times but after having to deal with a global pandemic for the past twelve months, they are nothing less than exceptional.”

“A year ago, who would have thought that a business which used to rely on holding room auctions could continue to flourish through three national lockdowns and a ban on people gathering together? It’s incredible to see how our teams have not only adapted to the new way of working, they have positively embraced it, with online auctions instantly gathering momentum and our livestream sales attracting record numbers of registered bidders. Our April auction attracted nearly 500 visitors.”

Our full April results are shown below:

For more information, or to find out if your land or property is suitable for auction, please contact 01234 362899 or email robinsonandhall@auctionhouse.co.uk

A surge in the number of family homes being sold by Auction House has seen its average selling price rocket by 40% year on year across the country, from £103,400 in 2019 to £145,500 now.

Charles Lovell

The group, operating as Auction House Robinson & Hall in this area, has made over £300 million worth of property sales in the year so far, well ahead of any other residential auctioneer. Cumulative sales for 2020 currently stand at 2,300 lots sold from 2,913 offered, at a strong success rate of 79%.

Commenting on the figures, Charles Lovell, Head of Auction House Robinson & Hall, said: “The pandemic has certainly been challenging, however we have adapted and introduced working practices to keep buyers, sellers and ourselves as safe as possible so that not only are we listing more lots, we are also selling more family homes.”

At £63 million, last month’s total value of sales was the highest the group has raised in any September over 12 years of business. During the month, Auction House sold 433 lots from 533 offered, and delivered an impressive success rate of 81.2%.

Charles explained: “Clearly, the auctions market is returning to pre-Covid levels of activity. Remote bidding is now fully accepted as the norm around the country, and buyers have grown in confidence with bidder numbers continuing to rise. Sellers too are again choosing auctions, where the selling prices achieved are regularly well beyond expectations.

Sellers are demonstrating their trust in auctions, and understandably have a growing desire to sell in the current high-demand environment.”

October was one of our largest auctions to date, selling a variety of lots resulting in an impressive success rate of 88%. The full results can be viewed here.

Charles continues “We are entering the colder months, so now is a great time to sell any empty property, and with auctions you will get a quick sale.”

We are now taking lots for our live streamed 3rd December auction at 2.30pm. Deadline to enter a lot is Friday 6th November so don’t delay! Please call 01234 362899 or email robinsonandhall@auctionhouse.co.uk