Private investor & auctions

Strettons raises just shy of £9m at latest sale – £4m less than last May

By 2018-05-30T16:18:00

Strettons Wood Green

Strettons failed to replicate its May 2017 results at its third auction of the year, despite selling a number of vacant houses in east London for more than their guide prices.

The London-based auctioneer raised £8.9m from the sale of 26 lots or 71% of the 37 offered at its 22 May sale.

Last week’s results were down on May 2017, when Strettons sold 90% of the 48 lots in its catalogue, raising £13m on the day.

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