Bond Wolfe sets new record with sales reaching over £31m

Bond Wolfe has set a new record by hosting the largest property auction outside London, achieving sales of over £31.6m.

The auction, held on 12 September, marked the company’s highest-ever total sales revenue and the most £1m-plus properties sold in a single event.

Out of 190 lots, 177 were sold, totaling £31,622,050.

Bond Wolfe’s sales for the year to more than £131m, up by over £20m from the same period in 2023.

One sale was the former Maypole Methodist Church in Birmingham, which had a guide price of £345,000+ but sold for £1.1m.

Gurpreet Bassi, chief executive at Bond Wolfe, said: “We’re absolutely thrilled by the record-breaking success of this auction. Not only was it the largest property auction ever held outside of London, but the demand and competitive bidding reflect a strong and growing appetite for properties across the UK.

“This is a clear indication that the property market remains buoyant, and the economy is continuing its recovery. Given the momentum we have built up, we are expecting another highly competitive event, with early indications pointing to continued strong demand from investors.”