Property firm reveals £130m auction running total

Bond Wolfe’s property auction sales have reached nearly £130m so far in 2021, already more than 2020’s total but with two more auctions still to come this year.

The regional property auctioneer’s fast revenues growth comes after another £21.9m of sales in its latest auction, when 180 lots were sold out of 191 offered – a 95% success rate.

And despite the end of the stamp duty holiday, it said interest in the auction remained high, with 478,660 website page views, 137,003 video tours watched and 36,191 legal documents downloaded.

Gurpreet Bassi, chief executive of Bond Wolfe, said: “We had another highly successful auction yesterday, with competitive bidding meaning that many properties achieved exceptional sale prices.

“This builds on our continuing expansion throughout 2021, which is fully reflected by the fact that our total sales in the year to date are £129.9m – more than we sold in whole of 2020.

“When you consider that we still have two more auctions to go this year, the overall annual growth is set to be substantial, and shows how the property marketplace is continuing to recover post-lockdown.”

Bond Wolfe’s next auction is on Wednesday 20 October.