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SarahBell

Edward Mellor Auction

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Did anyone watch/listen/attend?

Results not out yet

Will get them on here when they do and maybe whizz thorugh with the guide prices to see how they compare.

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Did anyone watch/listen/attend?

Results not out yet

Will get them on here when they do and maybe whizz thorugh with the guide prices to see how they compare.

Please do. I've not been up to speed with my local auctions lately. I'll have to see when the next ones are.

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RESULTS – AUCTION 8TH FEBRUARY 2011 TEL: 0161 443 4740

LOT 1 87 CLARENCE ROAD LONGSIGHT MANCHESTER AVAILABLE AT £130,000

LOT 2 54 HIGH BANK GORTON MANCHESTER SOLD AT £60,500

LOT 3 51 REDDISH LANE GORTON MANCHESTER SOLD AT £65,000

LOT 4 40 CARLTON AVENUE RUSHOLME MANCHESTER SOLD AT £67,000

LOT 5 15 DUNSTON STREET OPENSHAW MANCHESTER SOLD AT £30,500

LOT 6 10 BROADFIELD ROAD MOSS SIDE MANCHESTER SOLD POST

LOT 7 23 CRINGLE HALL ROAD BURNAGE MANCHESTER AVAILABLE AT £130,000

LOT 8 61 OLD MOAT LANE WITHINGTON MANCHESTER SOLD AT £137,000

LOT 9 12 BARNSFOLD AVENUE FALLOWFIELD MANCHESTER SOLD AT £161,000

LOT 10 18 EGERTON LODGE MARGARET ROAD DENTON MANCHESTER SOLD AT £57,000

LOT 11 4 JERSEY STREET ASHTON UNDER LYNE LANCASHIRE SOLD PRIOR

LOT 12 18 SEDDON AVENUE GORTON MANCHESTER AVAILABLE AT £65,000

LOT 13 9 WESLEY STREET HADFIELD GLOSSOP DERBYSHIRE MAKE US AN OFFER!!

LOT 14 LAND TO THE REAR OF 41 COATBRIDGE STREET CLAYTON MANCHESTER NOT OFFERED

LOT 15 41 COATBRIDGE STREET CLAYTON MANCHESTER NOT OFFERED

LOT 16 21 GLOSSOP ROAD GAMESLEY GLOSSOP DERBYSHIRE AVAILABLE AT £71,000

LOT 17 45 PHETHEAN STREET FARNWORTH BOLTON LANCASHIRE MAKE US AN OFFER!!

LOT 18 20 BANK STREET AUDENSHAW MANCHESTER SOLD AT £58,500

LOT 19 53 SANDYWELL STREET OPENSHAW MANCHESTER AVAILABLE AT £78,000

LOT 20 LAND & GARAGES AT CAMPBELL STREET REDDISH STOCKPORT NOT OFFERED

LOT 21 19 BROOK LANE OLDHAM LANCASHIRE NOT OFFERED

LOT 22 83 ROSLYN ROAD DAVENPORT STOCKPORT SOLD AT £83,500

LOT 23 21 BROOKSIDE COURT SLADE LANE LEVENSHULME MANCHESTER AVAILABLE AT £45,000

LOT 24 LAND AT ASHTON HILL LANE & GORSEYFIELDS DROYLSDEN MANCHESTER SOLD AT £113,000

LOT 25 UNITS 5 & 6 GORTON INDUSTRIAL ESTATE GORTON MANCHESTER AVAILABLE AT £275,000

LOT 26 47 OAKFIELD AVENUE DROYLSDEN MANCHESTER AVAILABLE AT £75,000

LOT 27 7 OLDFIELD DRIVE MOBBERLEY CHESHIRE SOLD AT £121,000

LOT 28 3 WHITEWAY STREET HARPURHEY MANCHESTER SOLD AT £56,000

LOT 29 8 EBSWORTH STREET MOSTON MANCHESTER SOLD AT £48,000

LOT 30 297 CHARLESTOWN ROAD BLACKLEY MANCHESTER SOLD AT £65,500

LOT 31 319 PARRS WOOD ROAD DIDSBURY MANCHESTER SOLD PRIOR

LOT 32 577 BROADWAY CHADDERTON OLDHAM LANCASHIRE AVAILABLE AT £400,000

http://www.rightmove.co.uk/property-for-sale/property-32161046.html?premiumA=true

Guide Price £375,000

LOT 33 15 THE TOWERS PAVILION WAY MACCLESFIELD CHESHIRE SOLD AT £107,000

LOT 34 13 TARN MOUNT MACCLESFIELD CHESHIRE SOLD AT £94,000

LOT 35 FORMER REFORM CHURCH AUDENSHAW MANCHESTER AVAILABLE AT £320,000

LOT 36 85 TORKINGTON ROAD HAZEL GROVE STOCKPORT AVAILABLE AT £600,000

LOT 37 57 GOODMAN STREET MOSTON MANCHESTER AVAILABLE AT £48,000

LOT 38 1 OADBY STREET BELLE VUE MANCHESTER SOLD AT £101,500

LOT 39 FLAT 64 APPLEBY LODGE WILMSLOW ROAD RUSHOLME MANCHESTER AVAILABLE AT £55,000

LOT 40 47 PECKERS HILL ROAD ST HELENS MERSEYSIDE AVAILABLE AT £25,000

LOT 41 12 LADYBRIDGE ROAD CHEADLE HULME STOCKPORT SOLD AT £171,000

LOT 42 90 DICKENSON ROAD LONGSIGHT MANCHESTER AVAILABLE AT £120,000

LOT 43 56 LAVENHAM CLOSE BURY LANCASHIRE AVAILABLE AT £55,000

LOT 44 27 KIMBERLEY STREET SHAW HEATH STOCKPORT SOLD AT £75,500

LOT 45 22 ILFRACOME ROAD OFFERTON STOCKPORT SOLD AT £108,000

LOT 46 16 FURNIVAL STREET CREWE CHESHIRE SOLD AT £65,000

LOT 47 21 SHAKESPEARE CRESCENT ECCLES MANCHESTER AVAILABLE AT £95,000

LOT 48 89 MARKET STREET MOTTRAM IN LONGDENDALE HYDE CHESHIRE SOLD PRIOR

LOT 49 14 HUNT AVENUE ASHTON UNDER LYNE LANCASHIRE AVAILABLE AT £112,000

LOT 50 17 BRIGHTON AVENUE BURNAGE MANCHESTER AVAILABLE AT £150,000

LOT 51 488 GREAT CHEETHAM STREET EAST SALFORD MANCHESTER AVAILABLE AT £85,000

LOT 52 5 FOUNTAINS ROAD LIVERPOOL MERSEYSIDE NOT OFFERED

LOT 53 67 BARLOW ROAD LEVENSHULME MANCHESTER AVAILABLE AT £100,000

* Star Sales from Yesterday's Auction *

15 The Towers, Macclesfield

Guide Price: £85,000

SOLD: £107,000

7 Oldfield Drive, Mobberley

Guide Price: £95,000

SOLD: £121,000

12 Ladybridge Road, Cheadle Hulme

Guide Price: £150,000

SOLD: £171,000

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So only about 50% sold. Seems quite low. Interesting to see that for the ones that didn't sell (I'm looking at 32 and 36), they haven't reduced their expectations at all. Surely an auction is the true test of value - it just seems they won't accept it. Dan's comment about banks hoarding property and not needing to lower reserves may have something to do with it.

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Glad someone done the maths, if indeed only 50% sold not sure how that compares with their previous auctions but both Birmingham auctions ran at about 67% sold last year.

Edited by neil324

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Hi there -

can someone please tell me what "Available" means? One of the lots caught my eye.............

Means it never reached the reserve and is still for sale, if you ring the auction house you can take it further.

Edit - i need to learn to spell, also see above.

Edited by neil324

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So only about 50% sold. Seems quite low. Interesting to see that for the ones that didn't sell (I'm looking at 32 and 36), they haven't reduced their expectations at all. Surely an auction is the true test of value - it just seems they won't accept it. Dan's comment about banks hoarding property and not needing to lower reserves may have something to do with it.

not selling a 600K property in amongst a load of 50K properties just means that you put it in the wrong auction!

tim

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not selling a 600K property in amongst a load of 50K properties just means that you put it in the wrong auction!

tim

Where else could you auction it, London?

Plenty off property worth that and more mixes in with the trash at the Birmingham auctions.

It just means no one on the day thought it was worth that, an auction room is the best at finding a true value, plenty of millionaires would have been in attendance.

Edited by neil324

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It's one of those oddities, though - a class property in a nice enough but not particularly fashionable suburban area.

Millionaires wouldn't want to live there - they'd want to be a couple of miles away in Bramhall or Woodford. There's no BTL investment potential either.

If I won the lottery it's the kind of place I'd buy in a flash, having grown up in the immediate area. Other than that it's difficult to see who'd stump up half a mill+ for it...

Edited by Mr Yogi

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This month's auction results

RESULTS – AUCTION 4TH MAY 2011 TEL: 0161 443 4740

LOT 1 43 VICTORIA AVENUE BLACKLEY MANCHESTER SOLD AT £40,500

LOT 2 15 PALMERSTON ROAD DANE BANK DENTON MANCHESTER SOLD AT £92,000

LOT 3 62 THE CRESCENT BEDBURY STOCKPORT SOLD AT £88,000

LOT 4 85 CLAREMONT ROAD SALFORD MANCHESTER AVAILABLE AT £140,000

LOT 5 399 ABBEY HEY LANE ABBEY HEY MANCHESTER AVAILABLE AT £50,000

LOT 6 84 FURNACE STREET DUKINFIELD CHESHIRE AVAILABLE AT £50,000

LOT 7 40 GREENSIDE STREET OPENSHAW MANCHESTER SOLD PRIOR

LOT 8 65 BARRY CRESCENT LITTLE HULTON MANCHESTER AVAILABLE AT £40,500

LOT 9 2 BREIGHTMET HILL OFF BAILEY LANE BREIGHTMET BOLTON LANCASHIRE SOLD PRIOR

LOT 10 241 BOLTON ROAD SALFORD MANCHESTER SOLD AT £60,000

LOT 11 103 LOWTOWN PUDSEY LEEDS SOLD AT £98,500

LOT 12 56 BRAMHALL LANE DAVENPORT STOCKPORT SOLD AT £147,000

LOT 13 7 ST BRENDANS ROAD NORTH MANCHESTER AVAILABLE AT £130,000

LOT 14 2-6 THORNWOOD AVENUE GORTON MANCHESTER SOLD PRIOR

LOT 15 1 WESLEY STREET FAILSWORTH MANCHESTER SOLD PRIOR

LOT 16 129 EAST ROAD LONGSIGHT MANCHESTER AVAILABLE AT £75,000

LOT 17 1 BIRCHFIELDS LEES OLDHAM LANCASHIRE AVAILABLE AT £160,000

LOT 18 282 BELGRAVE ROAD HATHERSHAW OLDHAM LANCASHIRE AVAILABLE AT £65,000

LOT 19 37 SILTON STREET MOSTON MANCHESTER AVAILABLE AT £55,000

LOT 20 236 CLEGGS LANE LITTLE HULTON MANCHESTER AVAILABLE AT £44,500

LOT 21 5 CROFT AVENUE SIMISTER PRESTWICH MANCHESTER SOLD AT £126,000

LOT 21A 5 BRIARWOOD CRESCENT MARPLE STOCKPORT AVAILABLE AT £148,000

LOT 22 LAND AT 11 THORNTON STREET COLLYHURST MANCHESTER AVAILABLE AT £39,000

LOT 23 4 MILL HILL LITTLE HULTON MANCHESTER AVAILABLE AT £39,500

LOT 24 UNITS 5 & 6 GORTON IND. EST. FROXMER STREET GORTON MANCHESTER AVAILABLE AT £225,000

LOT 25 29 MARKET STREET WHALEY BRIDGE HIGH PEAK DERBYSHIRE NOT OFFERED

LOT 26 GARAGES TO THE R/O 9-13 THORNCLIFFE GROVE LEVENSHULME MANCHESTER AVAILABLE AT £34,000

LOT 27 432 ASHTON ROAD OLDHAM LANCASHIRE AVAILABLE AT £47,500

LOT 28 185 GARNERS LANE DAVENPORT STOCKPORT SOLD AT £71,500

LOT 29 55 QUEENS ROAD OLDHAM LANCASHIRE AVAILABLE AT £200,000

LOT 30 SPRING COTTAGE 60 HULME HALL LANE CHEADLE HULME STOCKPORT AVAILABLE AT £435,000

LOT 30A 1 HOPE STREET ACCRINGTON LANCASHIRE AVAILABLE AT £42,500

LOT 30B 25 BOOTH STREET ACCRINGTON LANCASHIRE AVAILABLE AT £25,000

LOT 30C 83 KING STREET LEIGH LANCASHIRE AVAILABLE AT £42,500

LOT 31 8 HOLLY ROAD MACCLESFIELD CHESHIRE AVAILABLE AT £105,000

LOT 32 57 REDHOUSE LANE WOODLEY STOCKPORT SOLD AT £100,000

LOT 33 158 MANCHESTER ROAD WORSLEY MANCHESTER SOLD AT £98,000

LOT 34 18 LYME GROVE SHAW HEATH STOCKPORT AVAILABLE AT £200,000

LOT 35 19 SEYMOUR STREET DENTON MANCHESTER AVAILABLE AT £175,000

LOT 36 16 HOPEFOLD DRIVE WALKDEN MANCHESTER AVAILABLE AT £97,000

LOT 37 1 COURTFIELD AVENUE HIGHER BLACKLEY MANCHESTER SOLD AT £55,000

LOT 38 53 SANDYWELL STREET OPENSHAW MANCHESTER AVAILABLE AT £70,000

LOT 39 9 GROSVENOR ROAD WHALLEY RANGE MANCHESTER AVAILABLE AT £190,000

LOT 40 SWAN HOUSE THE OLD SAW MILL ELIZABETH STREET MACCLESFIELD AVAILABLE AT £175,000

LOT 40A 51 REDDISH LANE GORTON MANCHESTER AVAILABLE AT £55,000

LOT 41 34 CUTHBERT AVENUE LEVENSHULME MANCHESTER SOLD PRIOR

LOT 41A 671 MANCHESTER ROAD DENTON MANCHESTER AVAILABLE AT £110,000

LOT 42 15 BROOKHOUSE DRIVE CREWE CHESHIRE AVAILABLE AT £65,000

LOT 43 4 CHAPEL STREET WHEELOCK SANDBACH CHESHIRE NOT OFFERED

LOT 44 49 UPLAND DRIVE LITTLE HULTON MANCHESTER AVAILABLE AT £46,500

LOT 45 68 STOCKPORT ROAD MARPLE STOCKPORT AVAILABLE AT £230,000

LOT 46 12 CHURCH STREET ACCRINGTON LANCASHIRE AVAILABLE AT £220,000

LOT 47 8 DUNNERDALE WALK GORTON MANCHESTER SOLD AT £48,000

LOT 48 97 PARKHILL AVENUE CRUMPSALL MANCHESTER AVAILABLE AT £75,000

LOT 49 319 PARRS WOOD ROAD DIDSBURY MANCHESTER SOLD AT £111,000

LOT 50 75 BOWDON STREET EDGELEY STOCKPORT NOT OFFERED

LOT 51 17 DUNSTON STREET OPENSHAW MANCHESTER NOT OFFERED

LOT 52 133 CHAPEL ROAD HOLLINWOOD OLDHAM LANCASHIRE SOLD AT £50,000

LOT 53 COLLIERS ARMS 70 WATER STREET RADCLIFFE MANCHESTER SOLD AT £52,500

LOT 54 48 BANK STREET CLAYTON MANCHESTER AVAILABLE AT £68,000

LOT 55 334 PLYMOUTH GROVE LONGSIGHT MANCHESTER SOLD AT £119,000

LOT 56 28 EARLESDEN CRESCENT LITTLE HULTON MANCHESTER SOLD POST

LOT 57 10 HOLLYBUSH STREET GORTON MANCHESTER AVAILABLE AT £45,000

LOT 58 48 CROMWELL GROVE LEVENSHULME MANCHESTER SOLD AT £125,000

LOT 59 6 FRESHWATER STREET ABBEY HEY MANCHESTER AVAILABLE AT £52,000

LOT 60 7 ST ALBANS AVENUE NEWTON HEATH MANCHESTER SOLD PRIOR

LOT 61 6 STOVELL ROAD MOSTON MANCHESTER AVAILABLE AT £47,500

LOT 62 19 CROFT STREET SALFORD MANCHESTER AVAILABLE AT £71,000

LOT 63 75 BARLOW ROAD LEVENSHULME MANCHESTER AVAILABLE AT £80,000

LOT 63A 3 WOODLAND ROAD GORTON MANCHESTER AVAILABLE AT £70,000

LOT 64 22 ALBERT STREET BURY LANCASHIRE AVAILABLE AT £50,000

LOT 65 6 AVONDALE ROAD STRETFORD MANCHESTER SOLD PRIOR

LOT 66 68A WELBECK STREET SOUTH ASHTON UNDER LYNE LANCASHIRE SOLD PRIOR

LOT 67 47 THE HEATH ALKRINGTON MANCHESTER SOLD PRIOR

LOT 68 MULBERRY HOUSE RHODEN ROAD LEYLAND PRESTON LANCASHIRE AVAILABLE AT £320,000

LOT 69 22 ATHENS STREET OFFERTON STOCKPORT SOLD PRIOR

LOT 69A 1119 HYDE ROAD DEBDALE PARK GORTON MANCHESTER AVAILABLE AT £100,000

LOT 70 7-11A JOHN STREET HASLINGDEN LANCASHIRE AVAILABLE AT £135,000

LOT 71 6 STUART HOUSE KING STREET DROYLSDEN MANCHESTER AVAILABLE AT £38,000

LOT 72 9 STUART HOUSE KING STREET DROYLSDEN MANCHESTER AVAILABLE AT £38,000

LOT 73 BUNGALOW R/O 16-24 PARK ROAD MONTON ECCLES MANCHESTER AVAILABLE AT £150,000

LOT 74 APT. 25 ADMIRAL HEIGHTS 164 QUEENS PROMENADE BLACKPOOL NOT OFFERED

LOT 75 THE MANOR HOTEL, QUEENS PROMENADE, BLACKPOOL SOLD FOR £89,000

A lot sold prior.

Edited by SarahBell

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Went past this one today

LOT 32 577 BROADWAY CHADDERTON OLDHAM LANCASHIRE AVAILABLE AT £400,000

http://www.rightmove...l?premiumA=true

Guide Price £375,000

It's got the same van outside as it had earlier in the year so I assume it's still not sold.

and house prices confirms it

http://www.houseprices.co.uk/e.php?q=OL9+8DW

Brochure still available

http://media.rightmove.co.uk/63k/62788/62788_10060_DOC_00_0000.pdf

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Went past this one today

LOT 32 577 BROADWAY CHADDERTON OLDHAM LANCASHIRE AVAILABLE AT £400,000

http://www.rightmove...l?premiumA=true

Guide Price £375,000

It's got the same van outside as it had earlier in the year so I assume it's still not sold.

and house prices confirms it

http://www.houseprices.co.uk/e.php?q=OL9+8DW

Brochure still available

http://media.rightmove.co.uk/63k/62788/62788_10060_DOC_00_0000.pdf

Edward Mellor always set their guide prices 10-20% below reserve to stimulate interest. Been watching their lots for years. Almost bid on one in Levy; which has since been resold for less.

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Went past this one today

LOT 32 577 BROADWAY CHADDERTON OLDHAM LANCASHIRE AVAILABLE AT £400,000

http://www.rightmove...l?premiumA=true

Guide Price £375,000

It's got the same van outside as it had earlier in the year so I assume it's still not sold.

and house prices confirms it

http://www.houseprices.co.uk/e.php?q=OL9+8DW

Brochure still available

http://media.rightmove.co.uk/63k/62788/62788_10060_DOC_00_0000.pdf

LOT 32 577 BROADWAY CHADDERTON OLDHAM LANCASHIRE AVAILABLE AT £400,000

http://www.rightmove...l?premiumA=true

Guide Price £375,000

And now for sale again

http://www.rightmove.co.uk/property-for-sale/property-38807141.html

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