Award-winning property auctioneer Auction House reports sales were up by 9% over the January and February period, demonstrating healthy growth throughout the country.

326 lots were sold across the company’s 33 auction rooms during the two months, following a record year in 2013 when the group sold a total of almost 2,600.

Director, Oliver Adams said: “Auction House is off to a strong start in 2014 – with residential, commercial and investment lots selling well. The market has certainly strengthened over recent months, and regional auctions continue to take a growing share of entries. In fact, we expect to list 3,500 lots for auction this year.

“We see further consolidation in the sector and the appeal of regional auction rooms being a key ingredient in this process. With the property market surging forward and prices rising in most parts of the country, the scene is set for strong auction activity and growth in its popularity too.”

The results come as the group announces a further expansion, with the opening of a new auction room in Chesterfield covering North Derbyshire, a new Sheffield auction room along with new auctions planned for Liverpool on April 24th covering the Greater Merseyside area taking the brand’s total to 34 outlets across England, Scotland and Wales.

Oliver Adams added “Selling by auction should be the first choice for several different property types, as it can often lead to getting a better price than the traditional estate agent route. Auction House Nationally has an 80% success rate with some regional sale rooms achieving 90-100% sale success rates. Sale by auction achieves an exchange of contracts within just four weeks of instruction – which is about ten weeks quicker than through an estate agent!”

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