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TheCountOfNowhere

Alsop Residential Auction.

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Just had an email from Alsop auction house.

It listed 26 pre-auction price reductions for the 28th October Auction.

This is un-precedented on this scale. People must be getting very nervous.....

A Freehold Mid Terrace House.

Lot 1 - Clapton - Guide £270,000+

A Freehold Mid Terrace House.

Lot 37 - Aylesbury - Guide £80,000-£100,000

A Leasehold Self-Contained Ground Floor Flat.

Lot 51 - Denmark Hill - Guide £125,000+

A Leasehold Self-Contained Purpose Built Fourth Floor Flat.

Lot 68 - London W2 - Guide £275,000-£300,000

A Leasehold Self-Contained Ground Floor Garden Flat.

Lot 75 - Axminster - Guide £85,000-£100,000

A Freehold Mid Terrace House.

Lot 94 - Eastbourne - Guide £80,000-£100,000

A Leasehold Self-Contained Second Floor Flat.

Lot 102 - Chorlton-Cum-Hardy - Guide £70,000-£80,000

A Leasehold Self-Contained Second Floor Flat.

Lot 103 - London SW2 - Guide £200,000-£220,000

A Long Leasehold Self-Contained Ground Floor Flat.

Lot 105 - Dersingham - Guide £70,000+

A Freehold Detached Bungalow.

Lot 121 - Accrington - Guide £45,000-£55,000

A Leasehold Mid Terrace House.

Lot 138 - London E17- Guide £40,000-£60,000

A Freehold Site extending to Approximately 0.0120 Hectares (0.03 Acres) comprising Five Lock-Up Garages and Forecourt Areas.

Lot 140 - Cowley - Guide £130,000-£150,000

A Freehold Mid Terrace House.

Lot 143 - Leeds - Guide £40,000-£50,000

A Freehold Mid Terrace House.

Lot 144 - Ipswich - Guide £50,000-£60,000

A Freehold Mid Terrace House.

Lot 149 - Norbury - Guide £205,000+

A Freehold End of Terrace House.

Lot 153 - South Shields - Guide £40,000+

A Freehold Mid Terrace House.

Lot 162 - Lazenby - Guide £35,000+

A Freehold Semi-Detached House.

Lot 171 - Tyne & Wear - Guide £80,000-£100,000

A Freehold Semi-Detached House.

Lot 177 - London SE22 - Guide £100,000-£110,000

A Long Leasehold Self-Contained Ground Floor Flat.

Lot 179 - Denmark Hill- Guide £90,000+

A Leasehold Self-Contained Purpose Built Fifth Floor Flat.

Lot 196 - Manchester - Guide £50,000+

A Freehold Mid Terrace House.

Lot 197 - Manchester - Guide £40,000-£50,000

A Long Leasehold Self-Contained Ground Floor Flat.

Lot 198 - Oldham - Guide £45,000-£55,000

A Long Leasehold Mid Terrace House.

Lot 243 - Streatham - Guide £400,000+

A Freehold Shop and Six Studio Flats.

Lot 277 - Canvey Island - Guide £140,000+

A Freehold Detached House.

Lots 292-303 - London N3 - Guide £1.5M-£1.6M

Ten Freehold Mews Houses and Freehold Building arranged as Two Flats.

Lot 312 - Nelson - Guide £40,000-£50,000

A Long Leasehold Self-Contained First Floor Flat.

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Guides on Edward Mellor auction were met and exceeded today and properties remained unsold.

Until reserves drop they aint going nowhere.

eg: number 12 - 28 Ashworth Street = guide 55k, was unsold at 64k...

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Guides on Edward Mellor auction were met and exceeded today and properties remained unsold.

Until reserves drop they aint going nowhere.

eg: number 12 - 28 Ashworth Street = guide 55k, was unsold at 64k...

The auction houses surely need to be careful that they don't start getting a reputation for reserves being too high above guide or people will simply stop turning up?

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The auction houses surely need to be careful that they don't start getting a reputation for reserves being too high above guide or people will simply stop turning up?

But if they put the guides to high then no will turn up either. They really need to pressurise vendors into lowering reserves.

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But if they put the guides to high then no will turn up either. They really need to pressurise vendors into lowering reserves.

no sale, no vendor fee`s to pay regardless ?????

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  • 259 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
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      • Even
      • up 2.5%
      • up 5%



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