Auction House reports record lots for May

The number of lots going under the hammer in Auction House’s May sales has reached a new high for the month, with 432 lots listed.

The figure compares with 262 last year – an increase of almost two-thirds (65%), and the second highest monthly figure in the group’s seven-year history.

Auction House is also reporting that sales are up 12% on this time last year, with 230 lots sold from 308 offered in April (a success rate of 74.7%), raising a total of £32m and contributing to a total of 740 successful sales so far this year.

Auction House founding director Roger Lake said: “Our philosophy of selling local property to local buyers through regional auction rooms is a winning formula that is attracting extra instructions.”

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2 Comments

  1. ampersat

    I like and respect Roger Lake, a good business man and entrepreneur. Well done Roger!

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  2. PeeBee

    Oh, ampersat – you've spoiled my night (it's now morning, to be precise…).

    I love to hate auction companies. Now you've said he's a good bloke I can't despise him anymore!

    You cad!! 😉

    Report
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