Auction House raised more than £32.8m in April, selling almost 80% of its catalogue.
The company said it had sold 353 lots in April from 447 lots offered – its best April on record.
Founding director Roger Lake said: “This is a phenomenal achievement in a market that is both challenging and hesitant.
“Collectively, we refuse to be negatively affected by Brexit disruption and the gloomy reports from commentators. Our results prove that there are ample sellers and sufficient buyers for us to deliver an impressive number of sales.”
Lake said that he attributed their success to a “compelling combination of selling some lots prior, most during, and a healthy number post auction too”.
He added: “We’re keeping a careful eye on the competition, but don’t see any other auctioneer in the country performing at this high level of activity.”
Auction House’s cumulative results from the beginning of the year show the number of lots sold up by 9% compared with 2018. The group sold 1,125 lots from 1,471 lots offered – a success rate of 76.5% and raising a total of £122.1m.
Lake said: “Regional auction markets are still buoyant, despite a national decline. Auction House specialises in selling local properties to local and regional buyers through nearby auction rooms.
“Those micro-markets are governed by regional factors, not national sentiment. Our regional auction rooms are delivering high success rates in most parts of the country, volume sales are still strong, and we are reporting growth at a time when estate agent activity has slowed.”
At its most recent auction in London, Auction House London raised £12.4m off a 79% success rate. Fierce bidding for a redundant library on Maple Road in Penge, SE20, saw it sell for £652,000 from a starting bid of £585,000. Planning permission is in place to convert the first and second floors of the property into flats, with educational use on the ground floor.
Director and auctioneer Andrew Binstock said: “Among auction buyers the chat over Brexit has subsided and the flavour of the room is ‘business as usual’, with well-priced properties attracting the most ardent attention.”
In Barking, a four-bedroom mid-terrace house in Faircross Avenue, IG11, went under the hammer at £250,000. The property, which is well placed for shops and has good travel links, sold at more than £100,000 of its guide price, at £352,000.
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