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100% Success for Pre-Christmas Property Auction

100% Success for Pre-Christmas Property Auction

Thu 07 Dec 2023

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Residential
Land & property auctions



"We are delighted with the results, which proves there is still plenty of activity within the market with sales throughout East Anglia including Woodbridge in Suffolk, Wisbech in Cambridgeshire, Great Yarmouth and across Norfolk. Well done to Trevor Blythe, Theo de Soissons, Susan Parker and Amanda Williams for all your efforts."
Peter Hornor
Chartered Surveyor & Partner

Yesterday we had outstanding success in our pre-Christmas auction, selling 100% of all lots. 

Results were well ahead of guide prices, for example 1 Heath View (pictured below) sold for £190,000 - a fantastic £70,000 over the guide price.

In particular, land sold exceptionally well in the auction, and this is a trend we have seen developing over the last few years. Yesterday saw 0.88 acres in Besthorpe selling for £45,500, which was £30,000 over the guide price. In addition, 11 acres of land in Flixton sold for £225,000, which was £100,000 over the guide price.

This demonstrates the demand for small pockets of land in England, appealing to a wide variety of buyers.

1 Heath View, Felmingham - Sold for £190,000 1 Heath View, Felmingham - Sold for £190,000

Alongside our East Anglian auction, Partner Jeremy Baguley also had a very successful auction in the East Midlands.
 
Looking forward to our next auctions in 2024 - we already have 20 lots in the February auction, with plenty also coming for March.

Call 01603 629871 for more information or view our results here.

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