2023 at Auction House Cumbria certainly finished with a bang in December with 41 lots being offered, 81% sold with a total property value of £3,538,000

Here are the years results:

  • 7 Auctions

  • 250 Lots Offered

  • 91% SOLD

  • Total property value: £22,372,650

Colin West, Auctioneer said: “These latest statistics prove what we have always said: that properly-priced property will always sell, even in the most challenging of markets. And let’s be honest, this year has had its difficulties with a re-calibration of the market, coupled with a lack of buyer confidence and increased uncertainty”

“The key difference is that estate agents, quite understandably will often initially list a property with a maximum price, in the expectation that they may have to discount it later. This very often is driven by the sellers expectation levels. By contrast, for the auction process to work we have to value each and every property realistically, knowing that the correct level will be found in the auction room. That’s why we have seen sales figures rise rather than fall this year”

We are now taking lots for our next auction on Thursday 8th February please contact the office on 01228 510522, email cumbria@auctionhouse.co.uk  or visit the website to arrange your FREE auction appraisal.

Suitable auction lots include, residential, commercial or mixed use properties either tenanted or vacant and development sites including building plots or amenity land. We are also seeing a rise in the number of lake district and rural properties which may have holiday home potential.

Another 7 auction dates booked for 2024: Thursday 8th February, Thursday 4th April, Thursday 30th May, Thursday 18th July, Thursday 5th September, Thursday 24th October and Thursday 12th December.