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Lot 166 ( Guide Price: £12,500 ) From: Barnard Marcus Auction 11:00 AM, Thursday 24 May 2012

Vendor: Mortgagees

Address: 44 Raglan Road, Burnley, Lancashire, BB11 4LB

Catalogue: Auction Catalogue Link

The description from the Barnard Marcus website is: Freehold Terrace House Two Floor Two Bedroom Unmodernised Vacant © Barnard Marcus Auctions

Map: Google Maps Link

Last Sold Price: £27,500 on 5 October 2004

Auction Result: Unsold ( Highest Bid was: £13,000 )

Today's auction price would result in a Loss of £14,500 ( 52.7% ) since purchase on 5 October 2004.

( Not taking into account Stamp Duty, Legal Fees and any Estate Agency fees )

Bad Debt: The mortgagee's shortfall that would result from today's auction price is £10,375 ( Based on an 85% advance of the original purchase price of £27,500 )

( Excludes any arrears of interest, Costs of Repossession, Debt Management etc )

M21er

Any inaccuracies, errors or suggestions, please PM me - To see this result on your Twitter feed: Follow @M21er

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Lot 167 ( Guide Price: £30,000 ) From: Barnard Marcus Auction 11:00 AM, Thursday 24 May 2012

Vendor: AMG

Address: 97F Beach Road, Thornton-Cleveleys, Lancashire, FY5 1EW

Catalogue: Auction Catalogue Link

The description from the Barnard Marcus website is: Leasehold 2nd Floor Self-contained Flat Two Room(s) Vacant © Barnard Marcus Auctions

Map: Google Maps Link

Last Sold Price: £105,000 on 23 June 2008

Auction Result: Unsold ( Highest Bid was: £24,000 )

Today's auction price would result in a Loss of £81,000 ( 77.1% ) since purchase on 23 June 2008.

( Not taking into account Stamp Duty, Legal Fees and any Estate Agency fees )

Bad Debt: The mortgagee's shortfall that would result from today's auction price is £65,250 ( Based on an 85% advance of the original purchase price of £105,000 )

( Excludes any arrears of interest, Costs of Repossession, Debt Management etc )

M21er

Any inaccuracies, errors or suggestions, please PM me - To see this result on your Twitter feed: Follow @M21er

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Lot 160 ( Guide Price: £35,000 ) From: Barnard Marcus Auction 11:00 AM, Thursday 24 May 2012

Vendor: AMG

Address: Flat 7, Salisbury Court, Salisbury Street, Swindon, Wiltshire, SN1 2AN

Catalogue: Auction Catalogue Link

The description from the Barnard Marcus website is: Leasehold 2nd Floor Self-contained Flat Two Room(s) Vacant © Barnard Marcus Auctions

Map: Google Maps Link

Last Sold Price: £100,000 on 2 December 2005

Auction Result: Unsold ( Highest Bid was: £30,000 )

Today's auction price would result in a Loss of £70,000 ( 70.0% ) since purchase on 2 December 2005.

( Not taking into account Stamp Duty, Legal Fees and any Estate Agency fees )

Bad Debt: The mortgagee's shortfall that would result from today's auction price is £55,000 ( Based on an 85% advance of the original purchase price of £100,000 )

( Excludes any arrears of interest, Costs of Repossession, Debt Management etc )

M21er

Any inaccuracies, errors or suggestions, please PM me - To see this result on your Twitter feed: Follow @M21er

| View this auction Live | Last 30 Results Live Feed |

Some pain in this Auction

Last sold 100k

Highest bid today 30k

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Lot 160 ( Guide Price: £35,000 ) From: Barnard Marcus Auction 11:00 AM, Thursday 24 May 2012

Vendor: AMG

Address: Flat 7, Salisbury Court, Salisbury Street, Swindon, Wiltshire, SN1 2AN

Catalogue: Auction Catalogue Link

The description from the Barnard Marcus website is: Leasehold 2nd Floor Self-contained Flat Two Room(s) Vacant © Barnard Marcus Auctions

Map: Google Maps Link

Last Sold Price: £100,000 on 2 December 2005

Auction Result: Unsold ( Highest Bid was: £30,000 )

Today's auction price would result in a Loss of £70,000 ( 70.0% ) since purchase on 2 December 2005.

( Not taking into account Stamp Duty, Legal Fees and any Estate Agency fees )

Bad Debt: The mortgagee's shortfall that would result from today's auction price is £55,000 ( Based on an 85% advance of the original purchase price of £100,000 )

( Excludes any arrears of interest, Costs of Repossession, Debt Management etc )

M21er

Any inaccuracies, errors or suggestions, please PM me - To see this result on your Twitter feed: Follow @M21er

| View this auction Live | Last 30 Results Live Feed |

Some pain in this Auction

Last sold 100k

Highest bid today 30k

Seems like the 'buyers' of that place took the offer to the letter perhaps? 'Pay only £500 and move in':

http://maps.google.com/maps?q=sn1+2an&hl=en&ll=51.56543,-1.777543&spn=0.002478,0.004823&geocode=+&hnear=Swindon+SN1+2AN,+United+Kingdom&t=m&z=18&layer=c&cbll=51.565607,-1.777619&panoid=W6WZUUaFaeGlrsbTQiV4_w&cbp=12,225.27,,1,-6.98

I live in Swindon- that part of town is considered a bit rough, but for that sort of money(£35k, if the guide would be accepted) it seems not bad, assuming there are no funnies in the lease.

http://www.rightmove.co.uk/property-for-sale/property-37753109.html

PS Thanks a bunch M21er, great job!

Edited by cheeznbreed
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Just down from the 'Golden Scissors' haircut and a lovely Turkish shave for £10. :D

Thank you M21er for the hard work on here and twitter.

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lots of RED INK there. blood in the auction room today, apart from the most desirable properties.

hopefully those who set the reserve too high will feel even more pain when they do eventually sell.

I cant believe there actually was a "freehold roof space" for sale, i thought the poster was joking!

thanks M21er

Edited by ticket2ride
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Summary of Results

I have now summarised the results for today's auction.

In terms of the numbers of properties where we have direct comparisons with previous sales, this auction is pretty good. We have Last Sales Prices for 55 lots. Of these 55 lots, 23 were Sold, 24 UnSold, one received No Bids and seven did not appear on the EI Live Data Feed - presumably either having been Sold Prior or Withdrawn. This means that we had 48 lots through the auction today with Last Sale Prices - with 19 of them showing a profit.

Some very big losses in the regions as we have come to expect and surprisingly two large losses in London. Lot 27, 37A Rosendale Road in Dulwich is showing a loss of £102k on its original 2005 purchase price of £250k. Another London lot to record a big loss was Lot 62, 68 Farnley Road in South Norwood recording an incredible loss on resale of £182k against its March 2007 purchase.

The data also reminds us by just how much London prices have increased since the mid 1990's - Lot 6, 20 Eglinton Hill in Plumstead is over 4.5 times its value in 1995 and yet it remained UnSold!

For those lots without Last Sale Price, if you know the area, please post onto the thread and let us know the background - It's the comments on the ground which fill out the sales data.

Thanks for contributions and positive comments to date.

M21er

Summary ( Includes both Sold and Unsold Lots ) From: Barnard Marcus Auction 11:00AM, Thursday 24 May 2012

Biggest Winners ( £ )

1 Lot 6 20 Eglinton Hill, Plumstead, London, SE18 3NR £230,000 353.85% ( Result: Unsold £295,000, Purchased for £65,000 on 27 October 1995 )

2 Lot 15 25 Cotswold Avenue, Rayleigh, Essex, SS6 8AW £130,000 173.33% ( Result: Sold £205,000, Purchased for £75,000 on 23 January 2001 )

3 Lot 74 146 Nightingale Road, Hitchin, Hertfordshire, SG5 1RG £108,000 183.05% ( Result: Sold £167,000, Purchased for £59,000 on 15 April 1999 )

4 Lot 63 Flat 2, 51 Byne Road, Sydenham, London, SE26 5JG £71,000 546.15% ( Result: Sold £84,000, Purchased for £13,000 on 11 July 1997 )

5 Lot 119 9 Swan Road, Southall, Middlesex, UB1 3JT £69,100 115.36% ( Result: Unsold £129,000, Purchased for £59,900 on 16 November 2001 )

6 Lot 145 6 Upper Camroyd Street, Dewsbury, West Yorkshire, WF13 1PF £69,000 246.43% ( Result: Unsold £97,000, Purchased for £28,000 on 5 February 1999 )

7 Lot 12 16 Warren Crescent, Edmonton, London, N9 9JF £62,000 33.88% ( Result: Sold £245,000, Purchased for £183,000 on 16 June 2006 )

8 Lot 155 19 West Parade, Stoke-on-Trent, Staffordshire, ST4 4JN £53,500 178.33% ( Result: Unsold £83,500, Purchased for £30,000 on 3 October 2002 )

9 Lot 118 800B Harrow Road, Wembley, Middlesex, HA0 3EL £52,500 84.00% ( Result: Unsold £115,000, Purchased for £62,500 on 9 September 1999 )

10 Lot 65 517 Dallow Road, Luton, Bedfordshire, LU1 1UN £36,500 76.04% ( Result: Unsold £84,500, Purchased for £48,000 on 31 July 2002 )

11 Lot 105 3 The Greenways, Edge View Road, Stoke-on-Trent, Staffordshire, ST2 7HT £33,500 67.00% ( Result: Sold £83,500, Purchased for £50,000 on 25 August 2009 )

12 Lot 140 63 Gordon Street, Wolverhampton, West Midlands, WV2 1DA £25,500 104.08% ( Result: Sold £50,000, Purchased for £24,500 on 4 October 1996 )

13 Lot 64 74 Copperfield Mews, Edmonton, London, N18 1PF £24,000 21.82% ( Result: Sold £134,000, Purchased for £110,000 on 24 July 2007 )

14 Lot 104 41 Hartington Road, Southend-on-Sea, Essex, SS1 2HR £20,000 22.22% ( Result: Sold £110,000, Purchased for £90,000 on 6 November 2003 )

15 Lot 153 14 Stanhope Road, Swadlincote, Derbyshire, DE11 9BQ £7,500 17.24% ( Result: Sold £51,000, Purchased for £43,500 on 14 August 2002 )

16 Lot 28 14 Churchill Road, Willesden, London, NW2 5EA £5,000 2.17% ( Result: Sold £235,000, Purchased for £230,000 on 2 April 2003 )

17 Lot 109 9B The Broadway, Mill Hill, London, NW7 3LN £5,000 4.17% ( Result: Sold £125,000, Purchased for £120,000 on 1 March 2010 )

18 Lot 143 9 Ezard Street, Stockton-on-Tees, Cleveland, TS19 0BZ £3,000 9.68% ( Result: Unsold £34,000, Purchased for £31,000 on 10 October 2003 )

19 Lot 110 155 Tanfield Avenue, Cricklewood, London, NW2 7SR £ 0.00% ( Result: Sold £195,000, Purchased for £195,000 on 29 February 2008 )

Biggest Winners ( % )

1 Lot 63 Flat 2, 51 Byne Road, Sydenham, London, SE26 5JG £71,000 546.15% ( Result: Sold £84,000, Purchased for £13,000 on 11 July 1997 )

2 Lot 6 20 Eglinton Hill, Plumstead, London, SE18 3NR £230,000 353.85% ( Result: Unsold £295,000, Purchased for £65,000 on 27 October 1995 )

3 Lot 145 6 Upper Camroyd Street, Dewsbury, West Yorkshire, WF13 1PF £69,000 246.43% ( Result: Unsold £97,000, Purchased for £28,000 on 5 February 1999 )

4 Lot 74 146 Nightingale Road, Hitchin, Hertfordshire, SG5 1RG £108,000 183.05% ( Result: Sold £167,000, Purchased for £59,000 on 15 April 1999 )

5 Lot 155 19 West Parade, Stoke-on-Trent, Staffordshire, ST4 4JN £53,500 178.33% ( Result: Unsold £83,500, Purchased for £30,000 on 3 October 2002 )

6 Lot 15 25 Cotswold Avenue, Rayleigh, Essex, SS6 8AW £130,000 173.33% ( Result: Sold £205,000, Purchased for £75,000 on 23 January 2001 )

7 Lot 119 9 Swan Road, Southall, Middlesex, UB1 3JT £69,100 115.36% ( Result: Unsold £129,000, Purchased for £59,900 on 16 November 2001 )

8 Lot 140 63 Gordon Street, Wolverhampton, West Midlands, WV2 1DA £25,500 104.08% ( Result: Sold £50,000, Purchased for £24,500 on 4 October 1996 )

9 Lot 118 800B Harrow Road, Wembley, Middlesex, HA0 3EL £52,500 84.00% ( Result: Unsold £115,000, Purchased for £62,500 on 9 September 1999 )

10 Lot 65 517 Dallow Road, Luton, Bedfordshire, LU1 1UN £36,500 76.04% ( Result: Unsold £84,500, Purchased for £48,000 on 31 July 2002 )

11 Lot 105 3 The Greenways, Edge View Road, Stoke-on-Trent, Staffordshire, ST2 7HT £33,500 67.00% ( Result: Sold £83,500, Purchased for £50,000 on 25 August 2009 )

12 Lot 12 16 Warren Crescent, Edmonton, London, N9 9JF £62,000 33.88% ( Result: Sold £245,000, Purchased for £183,000 on 16 June 2006 )

13 Lot 104 41 Hartington Road, Southend-on-Sea, Essex, SS1 2HR £20,000 22.22% ( Result: Sold £110,000, Purchased for £90,000 on 6 November 2003 )

14 Lot 64 74 Copperfield Mews, Edmonton, London, N18 1PF £24,000 21.82% ( Result: Sold £134,000, Purchased for £110,000 on 24 July 2007 )

15 Lot 153 14 Stanhope Road, Swadlincote, Derbyshire, DE11 9BQ £7,500 17.24% ( Result: Sold £51,000, Purchased for £43,500 on 14 August 2002 )

16 Lot 143 9 Ezard Street, Stockton-on-Tees, Cleveland, TS19 0BZ £3,000 9.68% ( Result: Unsold £34,000, Purchased for £31,000 on 10 October 2003 )

17 Lot 109 9B The Broadway, Mill Hill, London, NW7 3LN £5,000 4.17% ( Result: Sold £125,000, Purchased for £120,000 on 1 March 2010 )

18 Lot 28 14 Churchill Road, Willesden, London, NW2 5EA £5,000 2.17% ( Result: Sold £235,000, Purchased for £230,000 on 2 April 2003 )

19 Lot 110 155 Tanfield Avenue, Cricklewood, London, NW2 7SR £0 0.00% ( Result: Sold £195,000, Purchased for £195,000 on 29 February 2008 )

Biggest Losers ( £ )

1 Lot 62 68 Farnley Road, South Norwood, London, SE25 6NX £182,000 67.41% ( Result: Unsold £88,000, Purchased for £270,000 on 6 March 2007 )

2 Lot 93 Flat 5, Nightingale House, 2 Cambridge Road, Southport, Merseyside, PR9 9NG £149,500 46.00% ( Result: Sold £175,500, Purchased for £325,000 on 23 December 2009 )

3 Lot 92 Flat 6, Nightingale House, 2 Cambridge Road, Southport, Merseyside, PR9 9NG £141,000 44.76% ( Result: Sold £174,000, Purchased for £315,000 on 26 November 2009 )

4 Lot 55 14 Hunters Chase, Kirby Cross, Frinton-on-Sea, Essex, CO13 0JZ £121,800 28.54% ( Result: Unsold £305,000, Purchased for £426,800 on 30 March 2007 )

5 Lot 159 77 Roman Road, Salisbury, Wiltshire, SP2 9BN £120,500 60.25% ( Result: Unsold £79,500, Purchased for £200,000 on 29 July 2005 )

6 Lot 16 58 Valentines Road, Ilford, Essex, IG1 4SA £117,500 54.02% ( Result: Sold £100,000, Purchased for £217,500 on 29 August 2007 )

7 Lot 130 3 Manor Close, Lelant, St. Ives, Cornwall, TR26 3DR £109,000 36.95% ( Result: Unsold £186,000, Purchased for £295,000 on 21 December 2006 )

8 Lot 27 37A Rosendale Road, Dulwich, London, SE21 8DY £101,950 40.79% ( Result: Sold £148,000, Purchased for £249,950 on 8 November 2005 )

9 Lot 91 42 Campion Gardens, Birmingham, West Midlands, B24 0HF £89,000 44.50% ( Result: Unsold £111,000, Purchased for £200,000 on 20 December 2007 )

10 Lot 167 97F Beach Road, Thornton-Cleveleys, Lancashire, FY5 1EW £81,000 77.14% ( Result: Unsold £24,000, Purchased for £105,000 on 23 June 2008 )

11 Lot 94 20 Bradbourne Close, Liverpool, Merseyside, L12 0JL £76,000 43.18% ( Result: Sold £100,000, Purchased for £176,000 on 21 July 2006 )

12 Lot 131 Flat 4, 8 Larkstone Terrace, Ilfracombe, Devon, EX34 9NU £70,000 53.85% ( Result: Unsold £60,000, Purchased for £130,000 on 14 March 2007 )

13 Lot 160 Flat 7, Salisbury Court, Salisbury Street, Swindon, Wiltshire, SN1 2AN £70,000 70.00% ( Result: Unsold £30,000, Purchased for £100,000 on 2 December 2005 )

14 Lot 95 34 North Mount Road, Liverpool, Merseyside, L32 2AZ £66,500 40.30% ( Result: Unsold £98,500, Purchased for £165,000 on 29 March 2006 )

15 Lot 151 4 Queens Court, Regency Walk, Middlewich, Cheshire, CW10 9NU £62,995 49.22% ( Result: Sold £65,000, Purchased for £127,995 on 5 September 2005 )

16 Lot 53 Flat C, Lawson House, 112 Bridge Road, Grays, Essex, RM17 6DA £47,995 42.48% ( Result: Unsold £65,000, Purchased for £112,995 on 4 July 2005 )

17 Lot 136 13 High Street, Rhymney, Tredegar, Gwent, NP22 5NB £34,000 57.63% ( Result: Sold £25,000, Purchased for £59,000 on 12 July 2007 )

18 Lot 26 56 Barbican Road, Greenford, Middlesex, UB6 9DH £29,000 17.90% ( Result: Sold £133,000, Purchased for £162,000 on 28 September 2006 )

19 Lot 44 45 Lancaster Road, Maidenhead, Berkshire, SL6 5EY £28,000 16.00% ( Result: Unsold £147,000, Purchased for £175,000 on 1 November 2002 )

20 Lot 157 102 Wellington Walk, Washington, Tyne and Wear, NE37 3EP £23,000 74.19% ( Result: Unsold £8,000, Purchased for £31,000 on 18 December 2006 )

Biggest Losers ( % )

1 Lot 167 97F Beach Road, Thornton-Cleveleys, Lancashire, FY5 1EW £81,000 77.14% ( Result: Unsold £24,000, Purchased for £105,000 on 23 June 2008 )

2 Lot 157 102 Wellington Walk, Washington, Tyne and Wear, NE37 3EP £23,000 74.19% ( Result: Unsold £8,000, Purchased for £31,000 on 18 December 2006 )

3 Lot 160 Flat 7, Salisbury Court, Salisbury Street, Swindon, Wiltshire, SN1 2AN £70,000 70.00% ( Result: Unsold £30,000, Purchased for £100,000 on 2 December 2005 )

4 Lot 62 68 Farnley Road, South Norwood, London, SE25 6NX £182,000 67.41% ( Result: Unsold £88,000, Purchased for £270,000 on 6 March 2007 )

5 Lot 159 77 Roman Road, Salisbury, Wiltshire, SP2 9BN £120,500 60.25% ( Result: Unsold £79,500, Purchased for £200,000 on 29 July 2005 )

6 Lot 136 13 High Street, Rhymney, Tredegar, Gwent, NP22 5NB £34,000 57.63% ( Result: Sold £25,000, Purchased for £59,000 on 12 July 2007 )

7 Lot 144 19 Albert Street, Burnley, Lancashire, BB11 3DB £21,500 56.58% ( Result: Unsold £16,500, Purchased for £38,000 on 12 December 2005 )

8 Lot 16 58 Valentines Road, Ilford, Essex, IG1 4SA £117,500 54.02% ( Result: Sold £100,000, Purchased for £217,500 on 29 August 2007 )

9 Lot 131 Flat 4, 8 Larkstone Terrace, Ilfracombe, Devon, EX34 9NU £70,000 53.85% ( Result: Unsold £60,000, Purchased for £130,000 on 14 March 2007 )

10 Lot 166 44 Raglan Road, Burnley, Lancashire, BB11 4LB £14,500 52.73% ( Result: Unsold £13,000, Purchased for £27,500 on 5 October 2004 )

11 Lot 151 4 Queens Court, Regency Walk, Middlewich, Cheshire, CW10 9NU £62,995 49.22% ( Result: Sold £65,000, Purchased for £127,995 on 5 September 2005 )

12 Lot 93 Flat 5, Nightingale House, 2 Cambridge Road, Southport, Merseyside, PR9 9NG £149,500 46.00% ( Result: Sold £175,500, Purchased for £325,000 on 23 December 2009 )

13 Lot 92 Flat 6, Nightingale House, 2 Cambridge Road, Southport, Merseyside, PR9 9NG £141,000 44.76% ( Result: Sold £174,000, Purchased for £315,000 on 26 November 2009 )

14 Lot 91 42 Campion Gardens, Birmingham, West Midlands, B24 0HF £89,000 44.50% ( Result: Unsold £111,000, Purchased for £200,000 on 20 December 2007 )

15 Lot 94 20 Bradbourne Close, Liverpool, Merseyside, L12 0JL £76,000 43.18% ( Result: Sold £100,000, Purchased for £176,000 on 21 July 2006 )

16 Lot 53 Flat C, Lawson House, 112 Bridge Road, Grays, Essex, RM17 6DA £47,995 42.48% ( Result: Unsold £65,000, Purchased for £112,995 on 4 July 2005 )

17 Lot 27 37A Rosendale Road, Dulwich, London, SE21 8DY £101,950 40.79% ( Result: Sold £148,000, Purchased for £249,950 on 8 November 2005 )

18 Lot 95 34 North Mount Road, Liverpool, Merseyside, L32 2AZ £66,500 40.30% ( Result: Unsold £98,500, Purchased for £165,000 on 29 March 2006 )

19 Lot 130 3 Manor Close, Lelant, St. Ives, Cornwall, TR26 3DR £109,000 36.95% ( Result: Unsold £186,000, Purchased for £295,000 on 21 December 2006 )

20 Lot 55 14 Hunters Chase, Kirby Cross, Frinton-on-Sea, Essex, CO13 0JZ £121,800 28.54% ( Result: Unsold £305,000, Purchased for £426,800 on 30 March 2007 )

M21er

Note 1 The above Summary reflects the position at the close of the auction. Lots may subsequently have been sold which will not be reflected in the above Summary.

Any inaccuracies, errors or suggestions, please PM me

Edited by M21er
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Results now available on the Barnard Marcus website.

For the UnSold lots details of the highest bid achieved and also the price at which the property is available for. In a lot of cases, the highest bid on the day is very close ie £500 / £1000 away from the reserve ....

M21er

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Some haircut on lot 91.

In my search postcode and just around the corner from my local.

But it's a council estate and I wouldn't pay 115K to live there. 200k at peak :ph34r:

I searched the postcode for sold prices and notice a couple of strange entries that seem to be the builder unable to sell and off loading in 2008.

Some mug on Rightmove is now trying to sell a leasehold 2 bed maisonette for 138k and lot 91 was a freehold 4 bed with garage for 115K :lol:

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Lot 95 ( Guide Price: £108,500 ) From: Barnard Marcus Auction 11:00 AM, Thursday 24 May 2012

Vendor: Mortgagees

Address: 34 North Mount Road, Liverpool, Merseyside, L32 2AZ

Last Sold Price: £165,000 on 29 March 2006

Auction Result: Unsold ( Highest Bid was: £98,500 )

Today's auction price would result in a Loss of £66,500 ( 40.3% ) since purchase on 29 March 2006.

M21er

Failed to attract any bids over £98,500. Put back on to rightmove today for £100,000. :rolleyes:

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Results now available on the Barnard Marcus website.

For the UnSold lots details of the highest bid achieved and also the price at which the property is available for. In a lot of cases, the highest bid on the day is very close ie £500 / £1000 away from the reserve ....

M21er

are the auctioneers bidding the price up to this level?

this would require 2 bidders with knowledge of the reserve price colluding, then bailing out just before. not allowed, right? (as a bid "off the wall" should be against a genuine bidder.)

edit: someone known to the seller could clearly do this, safe in the knowledge that the wouldn't have the lot knocked down to them. which gives an inflated "last bid" price.

Edited by ticket2ride
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Failed to attract any bids over £98,500. Put back on to rightmove today for £100,000. :rolleyes:

I clicked that link. Guess what, it's now saying "Offers in Excess of £120,000" :blink: :angry:

Excellent work, M21er - it's really fantastic the way you have collated these results.

Agreed 100% - very many thanks!

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I have some experience of property auctions. most properties have a reserve which is 10% above the guide price to attract interest.

If no one bids on a property the auctioneer will take two ficticious bids from the room up to somewhere near the reserve. That is why you see for example,

price guide £100,000 plus

last bid £109,000

available at £110.000

In fact there were NO BIDS!

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