Records broken at Network Auctions February auction

Records broken at Network Auctions February auction

NAVA auction house of the year 2015, Network Auctions, enjoyed another successful sale in London on February 25th when a total of £7.7million of property successfully went under the hammer, breaking their previous record for sales values achieved.

A packed room at the Grosvenor House Hotel on Park Lane together with proxy, telephone and online bidding kept auctioneers Guy Charrison and Richard Worrall busy on the podium throughout the sale.

Star lots included:

Lot twenty four was a detached house in Christchurch which sold for £310,000; forty five thousand pounds above the guide price.

Lot sixty four was an unusual leasehold roof space with potential which sold for £57,000. More than double the guide price of £25,000.

The highest price achieved was for lot thirty nine, a freehold investment property which achieved a sale price of £980,000; one hundred and five thousand pounds above the guide price.


With lots included from thirteen of Network Auctions partner agents and covering twenty six counties across the UK there was wide cross section of properties for investors and others to purchase. This followed a highly successful conference held in January which galvanised Network Auctions’ partner agents to produce a record number of lots for the catalogue.

Network Auctions Managing Director Toby Limbrick said: “The total value of property sold was a record for Network Auctions and we were delighted with breaking our previous best total.The second day of Network Auctions’ sale is on March 2nd in Birmingham in conjunction with Pennycuick Collins where a further twenty three lots will go under the hammer.”

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Scott Garnet
Scott Garnet 06 Nov 2017

If you have a patio or a porch it is important to make sure that any connecting doors are secured. Good advice for sliding glass doors is replacing the panels with storm resistant glass and getting heavier...

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richardrawlings
richardrawlings 01 Nov 2017

What has not been mentioned here is the effect of not only higher interest payments, but also that these payments are less likely to be offsettable as a business cost due to the scaling back of mortgage...

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Kelvin Lloyd
Kelvin Lloyd 09 Oct 2017

IT is up, to the Planners. If they will only give permission for bungalows on certain (suitable) sites, they will be built.

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maggie swift
maggie swift 09 Oct 2017

It's just the beginning of the shocking rise.

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maggie swift
maggie swift 09 Oct 2017

I have recently read that the bungalows can provide social housing for elderly residents in London.

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zoe glover
zoe glover 05 Oct 2017

Update! Worst company I have ever dealt with. Undervalued a Cambridge property by over 100k, wont take on any evidence of valuation including a RICS valuation done 3 years ago for the very same value...

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Its nonsense articles such as this that make it harder to get clients to realise just how difficult the market is out there. When you see Rightmove and there are more 'price reduced' then 'new' most days...

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Tom Allen
Tom Allen 20 Sep 2017

Absolutely agree with you!

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A sharp correction would be a less dramatic expression to use. That is already underway in certain sectors in Reading where I practice as Chartered Surveyor

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Identity theft is a thread for any profession. So,people should stay alarmed. I once take help from a letting agent and came to know that letting agents are taking every precaution to prevent fraudulent...

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Mark N. 30 Aug 2017

We have seen a surge in instructions over August and that should continue into September too.

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