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Auctions Not Doing Very Well.


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HOLA441
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I'm not very well up on auctions, but I'm presuming that 'available at' means the reserve price.

If so, then they are set at unrealistically high levels. I would guess that auctioneers are going to start being very careful about the reserves that they allow people to set. This one must have been disasterous for Edward Mellors.

Surely a true auction would have no reserves at all.

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HOLA443
I'm not very well up on auctions, but I'm presuming that 'available at' means the reserve price.

If so, then they are set at unrealistically high levels. I would guess that auctioneers are going to start being very careful about the reserves that they allow people to set. This one must have been disasterous for Edward Mellors.

Surely a true auction would have no reserves at all.

Some don't, but vendors are rightfully wary of anything that puts them in the power of possibly corrupt auctioneers and dealing "rings"

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This one did not do very well either BAXTONS Manchester.

Lot No. Address Guide Price Result

1 Lincoln Cottage £145,000+ AVAILABLE

2 4 Perth Street £37,500+ SOLD

3 46 Mosley Common Road £90,000+ AVAILABLE

4 81 Spa Crescent £65,000+ AVAILABLE

5 The Coach House £460,000+ AVAILABLE

6 Flats 1-4 Furnace Fields Court £340,000+ AVAILABLE

7 21 St Michaels Road £40,000+ SOLD

8 4 Cherry Gardens £335,000+ AVAILABLE

9 1 Grafton Street £75,000+ AVAILABLE

10 24 Uplands Drive £85,000+ AVAILABLE

11 8 St Bedes Avenue £130,000+ AVAILABLE

12 14 Hill Top Road £130,000+ AVAILABLE

13 Hallbank Cottage £90,000+ WITHDRAWN

14 12 Waverley Road £155,000+ AVAILABLE

15 7 Kingley Avenue £116,000+ AVAILABLE

16 4 Springvale £210,000+ AVAILABLE

17 210 Botley drive £55,000+ SOLD PRIOR TO AUCTION

18 214 Cleggs Lane £55,000+ SOLD

19 8 Kirkley Close £105,000+ AVAILABLE

20 35 Redwood £180,000+ AVAILABLE

21 Plot of Land, 14 Bishops Court £65,000+ AVAILABLE

22 Brook House £420,000+ WITHDRAWN

23 Plot of land, Weeland Road £140,000+ SOLD

24 Plot of Land, 176 Mains Lane £100,000+ SOLD

Edited by TIMSY
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