18th December 2013
Ending 2013 as Nottingham’s most successful auction house
18th December 2013 – Graham Penny Auctions, the number one auction house in the Midlands* has rounded off 2013 in style securing the highest total value and total number of sales for any auction house in Nottingham this year.
The final auction of the year this week brings Graham Penny Auctions Nottingham’s total sales for the year to more than £22m – over £5m more than its closest competitor – along with 272 property sales, 29 percent more than in 2012.
To view the full results CLICK HERE
Andrew Parker, director at Graham Penny Auctions, commented: “We have ended 2013 in a really strong position as the leading auction house in the city. We have sold more properties than ever before and achieved higher sale value for our customers. Plus we still have post-auction offers coming in on our unsold lots so these figures could raise even further by the New Year.”
The auction on Tuesday 17th December saw 30 properties offered including 188 Brookhill Street in Stapleford, a three bedroomed detached house which had a guide price of £95,000+ and sold for £120,000 and Hazelwood House, 108 Hazelwood Road in Bobbers Mill, a three bedroomed end of terrace property which sold for £100,000 from a guide price of £78,000+.
The biggest seller of the day was the post office at 129 Mansfield Road in Clipstone which saw some fierce auction room bidding and achieving a final sale price of £151,000 – 132% over the guide price. The property next door at 127 Mansfield Road, the former Ritz live music venue also sold well achieving £77,500 from a guide price of only £50,000+.
Graham Penny Auctions holds 21 auctions per year at the iPro Stadium in Derby, Nottingham Racecourse and the King Power Stadium in Leicester. Earlier this month it secured its third national award in two months with a silver for Best Auction House at the Estate Agency of the Year awards. This win follows another silver for Auction House of the Year and a bronze for Rising Star of the Year at the prestigious Negotiator Awards in November.
Andrew added: “The number of properties we’ve sold and the great prices were achieving gives us great confidence going into 2014 that the property market will continue to improve. We’re looking forward to our first auction of next year on Thursday 6th February 2014 and are taking entries already.”
To enter a property into the Nottingham February 2014 auction call the office on 0115 958 8702 or CLICK HERE for a free property appraisal.
*based on essential information group statistics. Based on lots offered, lots sold, revenue raised for 2012.