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PropertyLandwood reports record-breaking year for auction sales

Landwood reports record-breaking year for auction sales

Landwood Property Auctions has reported a record year within its property auction and sales team, with a 40% increase in lots sold.

This is complemented by the online auction business’s 43% surge in auction sale prices – the highest amount in the team’s history.

With more than 7,500 bids placed over the past 12 months, the year outperformed its previous record-holding year in 2022 and surpassed their own year-end predictions.

James Ashworth (pictured), partner at Landwood Property Auctions, said:  “This year stands as a testament to our commitment to growth following a successful management buyout. Despite unprecedented legislative challenges for investors, we have successfully auctioned properties all over the UK, in every sector and achieved sales prices a combined 22% over client reserves.

“Our investment in talent and growing our team over the past two years, which has been pivotal in delivering this level of service.”

Ashworth emphasises that the foundation for this record-breaking year lies in Landwood’s strong reputation for delivering reliable results within the property sector.

As the only fully online property auctioneer conducting weekly auctions on a global scale; Landwood takes pride in setting standards for excellence in the industry as part of an integrated service to the Recovery sector.

Among the year’s auction highlights is the sale of a grand five-bedroom residential property in Buckinghamshire, achieving more than £2.1 million, an impressive 80% above the guide price, with more than 700 bids at a rate of one bid every 15 seconds.

On the private treaty side, the Grade II listed 17th-century property, Bulstrode Park, known for its on-screen appearances in Charlie and The Chocolate Factory and ITV’s Midsomer Murders series, surpassed its £6 million guide price.

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