BRISTOL AND THE WEST COUNTRY’S BIGGEST LIVE PROPERTY EVENT hollis morgan
ANDREW REFLECTS ON OUR JUNE AUCTION
“Sunshine. Warmth. Brimming Catalogue” What a wonderful month June is! Sunshine, warmth, light evenings and a catalogue brimming with excellent auction lots – no wonder I was in an ebullient mood as I set out for our June Auction. As predicted Lot 1 set us off to a cracking start, Woodbine Road, Whitehall, an ubiquitous 2 bedroomed period house in need of modernisation set the pattern for the evening with bids coming thick and fast within a few moments the guide price of £150,000 was soon surpassed to be knocked down at £219,000. But if that was not a clear indication of a vibrant evening ahead Lot 3 a large semi- detached house in corner position in Sydenham Road, Totterdown certainly got the punters going. The space, the garden and a garage is rare in this urban area so I was well employed with bids online, on the telephone as well as proxy bids. The frenetic bidding took the guide price of £240,000 at very high speed final sale price of £335,000. Not all the bidding was mercifully done at this rate, some of the out of town Lots who were determined to make me operate at a country pace! A lovely plot, the site of a former garden nursery, in Minehead went slowly in £2,000 bids from a guide of £30,000 to an amazing £58,000. What a good job some bidders make me use all my skills! The removal of the Severn Bridge Tolls combined with higher property prices in the Bristol region has increased the fortunes of the property owning public in the Chepstow and surrounding areas and the evening witnessed success in this area. As usual many properties were sold by the auction team that had been on the market unsuccessfully with local agents. Our fame for this service has even stretched to Devon and the upper reaches of Gloucestershire. With a 100% success rate at this auction and over £7.5m worth of property sold – it was time for a quick celebration in the open at the local pub and as it is now summer I have changed from red to chilled white wine! A suitable end to one of our best sales of the year. Andrew Morgan MBE . AUCTIONEER
06 2024
2024 RESULTS 100 7.62
% SUCCESS RATE £m TOTAL RAISED 06
14
30.03 %
AVERAGE ABOVE GUIDE
22 #
LOTS SOLD
…as usual many properties were sold by auction that had been on the market unsuccessfully with local agents” “
hollis morgan | the results speak for themselves
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