Private investor & auctions

Savills’ £30m auction total is £12m down on May 2017 result

By 2018-05-17T17:22:00

Savills_Wimbledon

Savills raised £30m at its latest national auction on 9 May, £12m less than at the equivalent sale last year.

It sold 108 of the 149 lots offered, representing a 73% success rate, compared with 71% of the 164 lots offered at last year’s May auction.

Despite the lower result year on year, Chris Coleman Smith, Savills’ head of auctions, said it was a “good sale with competitive bidding on many lots”.

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