The auctioneer sold 73% of the 268 lots offered at its 31 May auction, raising £8m less than it achieved at the equivalent auction last year, its best sale of 2017. On that occasion, Allsop also sold 193 properties, but from a smaller catalogue of 227 lots, achieving an 86% success rate.

The largest lot to go under the hammer last week was a terraced building on Cadogan Street, in London’s Chelsea.