19th June auction raises £7,358,500 (90% success rate)

On one of the hottest days of the year so far, Auction Estates hosted a packed audience at the Trent Bridge Cricket Ground for their 19th June sale which raised £7,538,500 (90% success rate) with a number of record prices being achieved.
Highlights of the sale included:

Lot 1: The Friary in Newark, a multi-let business centre in Newark, was a major attraction at the auction. This property sparked substantial interest among bidders and after a competitive round of bidding, it achieved a strong sale price of £265,000.

Lot 10: Development Land, Hilton Business Park, Derbyshire. This parcel of freehold development land which had planning for a modern two storey office building was guided at £55,000+ but which saw high levels of competitive bidding and eventually being sold to an investor at £140,000.

Lot 63: West Furlong in Retford Equally significant was the sale of Lot 63, West Furlong in Retford. This property was in poor condition throughout but occupied a good position on a highly sought after road of well kept houses. Guided at £75,000+ it generated significant interest (65 people attended the first block viewing) and it saw strong bidding in the room, eventually being knocked down for a record £185,000. Auction Highlights & Market Insights This auction demonstrated that property sales through Public Auctions can achieve exceptional results, occasionally surpassing expectations set by conventional sale methods. The highly competitive environment of the auction room, coupled with strategic marketing and competitive bidding, contributed to the successful sale of these featured properties.

Entries are now being invited for our next sale on 14th August 2025