Auctions are a great way to judge the market and our first auction of 2021 confirmed that buyers and sellers have taken to Online Auctions. 78% success rate is there or thereabouts with the national average and over £1.1 million pounds worth of properties sold.
A few of the stand out lots
Maglona, Llangrannog – guided at £120,000 sold for £309,000
Dwylan St Dogmaels – guided at £300,000 sold for £412,000
The Old Dairy Tregaron – guided at £55,000 sold for £93,000
Tabernacle Chapel, Pontyberem – guided at £35,000 sold for £72,000
41 Ynysmeudwy Road, Pontardawe – guided at £35,000 sold for £60,000
We are now taking entries for our May Auction – call 01267221554 or your local John francis Office for a market appraisal.
This is what a client wrote following an auction -
'. I am extremely pleased with the service I received from Louise and her team in the Sketty branch. After having a considerable amount of difficulty selling our property and encountering all manner of issues, the team came to the rescue by placing the property in auction. With the auction being online and the estate agent not having held a remote based auction previously, I was naturally sceptical on how it would go. Louise maintained weekly contact with me providing timely updates on progress and the level of interest in the property from the time of advertising through to the successful sale, which was so reassuring and helped me stay positive.
The team did an excellent job of marketing the property to obtain a high level of interest, which paid of during the auction, as it proved to be a very competitive bidding process, helping achieve significantly more than the guide price.
In future I will be recommending the services of John Francis and more so of the auction process.
Thank you all so much.'
You are assured that with our auction our staff are well motivated, trained and experienced in dealing with auction properties. A sale by auction is not for everyone, but it does give transparency and it is something that a good agent should be able to recommend to a seller when carrying out a market appraisal. At John Francis, all our managers are trained and therefore you are assured of being given the best advice on method of sale should you ask us to value your property.
|Date||Lots Offered||Percent Sold||
Wedndesday 3rd March 2021
Wednesday 9th December 2020
Wednesday, 23rd September 2020
Wednesday, 4th March 2020
Wednesday, 27th November 2019
Thursday, 26th September 2019
Wednesday, 17th July 2019
Thursday, 16th May 2019
Wednesday, 6th March 2019
Wednesday, 28th November 2018
Wednesday, 26th September 2018
Wednesday, 18th July 2018
|Wednesday, 9th May 2018||24||88%||£1,794,143|
|Wednesday, 7th March 2018||26||81%||£2,176,250|
|Wednesday, 29th November 2017||17||94%||£1,447,000|
|Wednesday, 27th September 2017||34||74%||£2,276,500|
|Wednesday, 5th July 2017||29||80%||£2,839,500|
|Wednesday, 10th May 2017||24||83%||£2,049,250|
|Thursday, 9th March 2017||38||82%||£3,213,250|
|Friday, 25th Nov 2016||11||82%||£735,500|
|Thursday, 24th Nov 2016||12||92%||£886,000|
|Friday, 30th Sept 2016||32||88%||£2,704,500|
|Thursday, 29th Sept 2016||19||95%||£1,536,000|
|Friday, 15h July 2016||25||92%||£2,185,000|
|Thursday, 14th July 2016||17||83%||£778,600|
|Friday, 13th May 2016||16||100%||£1,304,000|
|Thursday, 12th May 2016||19||85%||£1,301,500|
|Friday, 4 March 2016||13||93%||£1,192,500|
|Thursday, 3 March 2016||13||92%||£964,000|
Information supplied by EIG Property Auctions