Allsop raises £65m at May sale but fails to hit 2017 high

Allsop tunbridgewells

Auction house’s residential arm sells 193 – or 73% – of the lots offered, but several large lots fail to sell

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.

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