Auction House London, the fastest growing auction house in London, has sold a record number of lots in its February auction. AHL also sold its highest priced property under the hammer: Wellington Road, a six-bedroom semi-detached house in St John’s Wood, London in the February 2017 auction
With an impressive total of 85 lots sold, AHL raised £21,806,250 in its February auction. Wellington Road in St John’s Wood sold above its £3m guide price for £3.25m. The company director Andrew Binstock commented on the result: “Our star lot, 14 Wellington Road in St John’s Wood, is the highest priced lot we’ve ever sold under the hammer and was purchased by an owner occupier at a price above the predicted sale price of several local agents which just goes to show that this type of high-end property can do just
With an average sales rate of 87% against a national average of 75% for the past four years, Auction House London is making a fast-paced rise as a leader in the UK property market. Commenting on the figures, Auctioneer Andrew Binstock said: “This is another spectacular set of results for Auction House London. Not only are we now the official auction room for Countrywide stock in London, our consistent success rate means that we are fast becoming the go-to auctioneer in the capital.”
AHL announces new partnership with Countrywide
The partnership deal with Countrywide means that Auction House London will now sell all its auction properties listed in the capital. Andrew Binstock explains: “This arrangement applies to our forthcoming sale in April, but also a further five sales in May, July, September, November and December this year. It’s a really exciting development which continues to add quality properties to our catalogues.”
Auction House London’s next sale will be on April 13th at the London Marriott Regents Park, 128 King Henry’s Road, NW3 3ST at 12 pm.