Residential Auction ( Andrews Robertson ) Nationwide - 329 Lots ( 160 Repossessions )

[M21er]

Lot 41 ( Guide Price: £140,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: Flat 2, 88 Melfort Rd, Thornton Heath, Surrey, CR7

The description from the Andrews Robertson website is: Long Leasehold 1st / 2nd Floor Self-Contained Flat 4 Room(s) Vacant © Andrews Robertson Auctions

Last Sold Price: No data is available for this property.

Auction Result: Sold for £149,000

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

M21er

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[M21er]

Lot 42 ( Guide Price: £190,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: 71 Grange Park Rd, Thornton Heath, Surrey, CR7

The description from the Andrews Robertson website is: Freehold Terrace House Two Floor 5 Room(s) Garden Vacant © Andrews Robertson Auctions

Last Sold Price: £180,000 on 06 December 2002

Auction Result: Unsold ( Highest Bid was: £202,000 )

Today's auction price would result in a Profit of £22,000 ( 12.2% ) since purchase on 06 December 2002.

M21er

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[M21er]

Lot 43 ( Guide Price: £185,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: 15 Elm Rd, Thornton Heath, Surrey, CR7

The description from the Andrews Robertson website is: Freehold Terrace House Two Floor 5 Room(s) Garden Vacant © Andrews Robertson Auctions

Last Sold Price: No data is available for this property.

Auction Result: Sold for £190,000

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

M21er

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[Not Long Now]

Lot 20 ( Guide Price: £510,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: 106 Shenley Rd, Camberwell, London, SE5

The description from the Andrews Robertson website is: Freehold Terrace House Three Floor 9 Room(s) Garden Planning Permission Three Self-Contained Flat Vacant © Andrews Robertson Auctions

Last Sold Price: £310,000 on 03 March 2003

Auction Result: Unsold ( Highest Bid was: £520,000 )

Today's auction price would result in a Profit of £210,000 ( 67.7% ) since purchase on 03 March 2003.

M21er

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Indicative of greedy people. Some refuse to believe that the crash is on.

[M21er]

Lot 46 ( Guide Price: £550,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: 99 Stretton Rd, Croydon, Surrey, CR0

The description from the Andrews Robertson website is: Freehold Detached House Planning Permission Three Floor Arranged As 5 Self-Contained Flat Garden Parking Space Vacant © Andrews Robertson Auctions

Last Sold Price: £290,000 on 17 June 2002

Auction Result: Sold for £579,000

Today's auction price results in a Profit of £289,000 ( 99.7% ) since purchase on 17 June 2002.

M21er

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[M21er]

Lot 48 ( Guide Price: £145,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: Flat 1, 73 Brighton Rd, Coulsdon, Surrey, CR5

The description from the Andrews Robertson website is: Long Leasehold Ground Floor Self-Contained Flat Two Room(s) Vacant © Andrews Robertson Auctions

Last Sold Price: £225,000 on 23 June 2006

Auction Result: Sold for £135,000

Today's auction price results in a Loss of £90,000 ( 40.0% ) since purchase on 23 June 2006.

M21er

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[M21er]

Lot 49 ( Guide Price: £205,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: Flat 4, Furzefield Villa, Cayton Rd, Coulsdon, Surrey, CR5

The description from the Andrews Robertson website is: Long Leasehold 1st Floor Self-Contained Flat Three Room(s) Parking Space Vacant © Andrews Robertson Auctions

Last Sold Price: £275,000 on 18 December 2006

Auction Result: Sold for £200,000

Today's auction price results in a Loss of £75,000 ( 27.3% ) since purchase on 18 December 2006.

M21er

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[M21er]

Lot 50 ( Guide Price: £135,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: Flat 1B, Mulberry Court, 130 Croydon Rd, Caterham, Surrey, CR3

The description from the Andrews Robertson website is: Long Leasehold Ground Floor Self-Contained Flat Three Room(s) Vacant © Andrews Robertson Auctions

Last Sold Price: £250,000 on 18 March 2005

Auction Result: Sold for £135,000

Today's auction price results in a Loss of £115,000 ( 46.0% ) since purchase on 18 March 2005.

M21er

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[TeddyBear]

Lot 49 ( Guide Price: £205,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: Flat 4, Furzefield Villa, Cayton Rd, Coulsdon, Surrey, CR5

The description from the Andrews Robertson website is: Long Leasehold 1st Floor Self-Contained Flat Three Room(s) Parking Space Vacant © Andrews Robertson Auctions

Last Sold Price: £275,000 on 18 December 2006

Auction Result: Sold for £200,000

Today's auction price results in a Loss of £75,000 ( 27.3% ) since purchase on 18 December 2006.

Presume such resales have to be reflected in land registry stats?

[M21er]

Lot 50A ( Guide Price: £230,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: 31 Moffat Rd, Thornton Heath, Surrey, CR7

The description from the Andrews Robertson website is: Freehold Terrace House Three Floor Arranged As Three Self-Contained Flat Garden Vacant © Andrews Robertson Auctions

Last Sold Price: £249,000 on 12 July 2007

Auction Result: Sold for £249,000

Today's auction price results in a Loss of £ ( 0.0% ) since purchase on 12 July 2007.

M21er

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[M21er]

Lot 51 ( Guide Price: £200,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: 9 Ridsdale Rd, Penge, London, SE20

The description from the Andrews Robertson website is: Freehold Corner House Three Floor Arranged As Three Self-Contained Flat Garden Parking Space One Ground Rent Two Vacant © Andrews Robertson Auctions

Last Sold Price: No data is available for this property.

Auction Result: Unsold ( Highest Bid was: £212,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

M21er

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[M21er]

Lot 52 ( Guide Price: £700,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: 17 Lawrie Park Ave, Sydenham, London, SE26

The description from the Andrews Robertson website is: Freehold Double Fronted Detached House Two Floor 7 Room(s) Garden Garage/s Planning Permission 5 Self-Contained Flat Garden Parking Space Vacant © Andrews Robertson Auctions

Last Sold Price: No data is available for this property.

Auction Result: Unsold ( Highest Bid was: £695,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

M21er

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[M21er]

Lot 53 ( Guide Price: £625,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: 70 Anerley Park, Anerley, London, SE20

The description from the Andrews Robertson website is: Freehold Semi-Detached House 4 Floor 9 Room(s) Garden Planning Permission 4 Self-Contained Flat Vacant © Andrews Robertson Auctions

Last Sold Price: No data is available for this property.

Auction Result: Unsold ( Highest Bid was: £620,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

M21er

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[M21er]

Lot 54 ( Guide Price: £410,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: 82 Bellingham Rd, Catford, London, SE6

The description from the Andrews Robertson website is: Freehold Semi-Detached House Three Floor 5 Room(s) Garden Garage/s Planning Permission Three Self-Contained Flat Vacant © Andrews Robertson Auctions

Last Sold Price: £420,000 on 26 October 2007

Auction Result: Unsold ( Highest Bid was: £415,000 )

Today's auction price would result in a Loss of £5,000 ( 1.2% ) since purchase on 26 October 2007.

M21er

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[M21er]

Lot 55 ( Guide Price: £550,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: 115 Bromley Rd, Catford, London, SE6

The description from the Andrews Robertson website is: Freehold Semi-Detached House Three Floor 9 Room(s) Garden Planning Permission 4 Self-Contained Flat Vacant © Andrews Robertson Auctions

Last Sold Price: No data is available for this property.

Auction Result: Unsold ( Highest Bid was: £530,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

M21er

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[Loggy]

A lot of these have planning permission for flats and are vacant, new style flippers ?.

Buy a big enough place to divide, get planning, sell it. Nobody biting though.

[M21er]

Lot 56 ( Guide Price: £230,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: 19 Clarens St, Catford, London, SE6

The description from the Andrews Robertson website is: Freehold Terrace House Two Floor Arranged As Two Self-Contained Flat Garden Vacant © Andrews Robertson Auctions

Last Sold Price: No data is available for this property.

Auction Result: Unsold ( Highest Bid was: £246,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

M21er

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[M21er]

Lot 57 ( Guide Price: £185,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: 105A Mount Pleasant Rd, Lewisham, London, SE13

The description from the Andrews Robertson website is: Long Leasehold 1st Floor Self-Contained Flat 5 Room(s) Garden Vacant © Andrews Robertson Auctions

Last Sold Price: No data is available for this property.

Auction Result: Unsold ( Highest Bid was: £192,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

M21er

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[Bobbins]

Reviewing the results so far, it seems fair to say that the houses are holding up pretty well, but the flats are tanking.

[TeddyBear]

A lot of these have planning permission for flats and are vacant, new style flippers ?.

Buy a big enough place to divide, get planning, sell it. Nobody biting though.

I'd noticed that too, suprised how many had planning permission.

[M21er]

Lot 59 ( Guide Price: £225,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: 46 Brightside Rd, Hither Green, London, SE13

The description from the Andrews Robertson website is: Freehold Terrace House Two Floor 5 Room(s) Garden Vacant © Andrews Robertson Auctions

Last Sold Price: No data is available for this property.

Auction Result: Sold for £247,500

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

M21er

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[M21er]

Lot 60 ( Guide Price: £170,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: 255 Marvels La, Grove Park, London, SE12

The description from the Andrews Robertson website is: Freehold Terrace House 5 Room(s) Garden Parking Space Vacant © Andrews Robertson Auctions

Last Sold Price: No data is available for this property.

Auction Result: Sold for £176,000

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.

M21er

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[waitingandsaving]

It's interesting that some seem to have achieved bids above the guide price, but are still remaining unsold - reserves higher than guide prices?

Edit:

Lots that are unsold, despite highest bids being over guide price so far:

6, 14, 15, 17, 20, 25, 25b, 27, 35, 36, 39, 42, 51, 54, 56, 57, 67

and Lot 7 (highest bid £500 under GP), Lot 52 (highest bid 5k under 700k GP), Lot 53 (5k under £625k GP)

Edited April 16, 2008 by waitingandsaving

[M21er]

Lot 61 ( Guide Price: £172,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: Flat 7, Harcourt Mansions, Penge Rd, Penge, London, SE20

The description from the Andrews Robertson website is: Leasehold Lower Ground Floor Self-Contained Flat 4 Room(s) Vacant © Andrews Robertson Auctions

Last Sold Price: £180,000 on 10 December 2003

Auction Result: Unsold ( Highest Bid was: £159,000 )

Today's auction price would result in a Loss of £21,000 ( 11.7% ) since purchase on 10 December 2003.

M21er

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[M21er]

Lot 62 ( Guide Price: £175,000 Plus ) From: Andrews Robertson Auction 10AM, Wednesday 16 April 2008

Address: 98 Sandy Hill Rd, Plumstead, London, SE18

The description from the Andrews Robertson website is: Freehold Terrace House Three Floor 6 Room(s) Garden Development Potential Flat Vacant © Andrews Robertson Auctions

Last Sold Price: £173,000 on 25 January 2008

Auction Result: Sold for £185,000

Today's auction price results in a Profit of £12,000 ( 6.9% ) since purchase on 25 January 2008.

M21er

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