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M21er

Erinaceous Auction - London, Manchester, Birmingham ( And 3 At Brook Court, Nottingham! )

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Hi

More evidence today of the state of the housing market across the country.

Erinaceous Auction 12pm Start - No registration required

Today's Order of Sale - 48 lots

There are 3 flats ( Lots 41, 42 and 43 ) in today's auction from Brook Court, Nottingham

Lot 41 - Apartment 21, Brook Court, Nottingham Guide Price £55k

21 Brook Court: Last Sold Price £125k August 2006

M21er

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Most of the properties I would not go near with a barge poll what part of Notts are those 3 flats in ?

Hi

I don't know the area - Post code is NG7 ( Player Street ) from the catalogue

M21er

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Most of the properties I would not go near with a barge poll what part of Notts are those 3 flats in ?

Forest Fields (where the ladies of the night ply their trade a lot) / Radford Boulevard which has been dodgy for 50 years.

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what's going on with this auction? Stuff is bidding above guide but then "unsold".

Any ideas? Bids off the wall etc?

That, or just not reached the reserve, which can be quite a bit higher than the guide price. In the auctions I've attended the sold price tended to be Guide + 25% / 33%. The auctioneer can take bids "off the wall" up to the reserve price.

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Forest Fields (where the ladies of the night ply their trade a lot) / Radford Boulevard which has been dodgy for 50 years.

Hi CM51

You seem to know Nottingham - is Brook Court the block that featured on one of the televsion programmes recently (Repossession, Repossession, Repossession ? )

M21er

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Forest Fields (where the ladies of the night ply their trade a lot) / Radford Boulevard which has been dodgy for 50 years.

Duplicate Post - Apologies

Edited by M21er

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what's going on with this auction? Stuff is bidding above guide but then "unsold".

Any ideas? Bids off the wall etc?

Probably a reserve set by the seller?

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That, or just not reached the reserve, which can be quite a bit higher than the guide price. In the auctions I've attended the sold price tended to be Guide + 25% / 33%. The auctioneer can take bids "off the wall" up to the reserve price.

Murky stuff - so presumably if you are the only bidder you can be stuffed by the auctioneer?

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  • 297 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% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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