House reports sales up almost a fifth

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105 -107 Norfolk Street, Cambridge.


Auction House reported its results for July, with 427 lots sold – up over 18 per cent on the same month last year.

The group’s national success rate of 71.6 per cent raising raised was a healthy £54.5 million (£54,525,440).

Founding Director Roger Lake said, “July was a strong month for entries and our sold numbers held up well despite trading conditions becoming more challenging. It is great to have passed the 2,000 lots sold marker already, and to have notched up over £250 million worth of property sales so far this year. Pricing strategy is an important ingredient to success and local knowledge is necessary to deliver this consistently – it really is a significant strength and an undoubted attraction for our regional network.”

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