Residential auction market rebounds
April’s residential auction figures confirm a market regaining momentum in terms of both volume and value, says David Sandeman, Essential Information Group.
The UK residential auction market experienced a resurgence in April 2025, with a notable increase in activity compared to the previous year.
According to the latest data from Essential Information Group (EIG), 2,761 residential lots were offered, marking a 15.8% rise from April 2024. Sales also climbed by 12.7% year-on-year, totalling 1,868 lots sold. The total amount raised reached £318.7 million, reflecting a 7% increase from the same period last year.
Despite these positive indicators, the overall success rate dipped slightly to 67.7%, down from 69.5% in April 2024.
Regionally, the South-West and Wales demonstrated robust growth, with increases in lots offered, lots sold, and total revenue raised. In contrast, areas like the North-East and East Midlands showed signs of strain, with declines in sales and total revenue despite an uptick in supply.
Commercial comeback
It’s worth noting that commercial auction figures are up across the board too for the first time in a while. Sales were up 48.1% and the total raised increased by 35.6% year-on-year. In total, over £381 million was raised in April alone, representing a robust 10.9% uplift and pointing to continued buyer confidence.
The positive commercial picture was particularly notable in those regions where residential auction figures were down, such as the North-East, but also Yorkshire and The Humber. Residential sales were down 13.4% in this region, while commercial sales were up almost 50%, raising an impressive £28.7m.
EIG Managing Director, David Sandeman, commented: “In summary, April’s figures confirm a market regaining momentum in terms of both volume and value, though some areas are adjusting to evolving conditions. The growth in lots offered and total raised is encouraging, but patchier performance at the regional level suggests a more selective, value-conscious buyer base.
“As we move further into 2025, keeping a close eye on local trends will be essential, as activity increasingly reflects regional supply, pricing expectations, and the shape of demand.”
