Surelock Network Auctions – end 2016 on a high
Leading UK Auction house Surelock Network Auctions enjoyed another excellent result at their December auctions in Central London and Birmingham with an 86% sales success and a total of £4.2m raised under auctioneers Guy Charrison and Richard Worrall’s gavels.
Surelock Network Auctions have sold an impressive 85% of lots offered in 2016 and raised over £42,000,000, an increase of 15.5% from 2015.
The December auctions saw investors and owner occupiers bidding in the room and by telephone and proxy with some excellent prices being achieved for sellers.
A three bedroom semi-detached house in Slough achieved a price of £400,000, some £75,000 over the reserve figure and several ground rent investment lots offered all successfully sold.
A speculative piece of land with a disclosed reserve of just £1 made £7,500 and the top price achieved was £576,000 paid for an attractive semi-detached house in Bricket Wood near St Albans.
Surelock Network Auctions’ Khalid was delighted with the outcome and is looking forward to even more success in 2017. He said:“Surelock Network Auctions will hold 11 national auctions in London and Birmingham in 2017, if you are thinking of disposing of a property, please contact us to discuss the best options open to you.”