Banbury Auctions Market
09/06/2006
Paul Clayson FRICS FAAV
Partner Paul is experienced in all aspects or rural work and is a founding partner of the Banbury office.
After a very prolific year in 2005 for auction sales (selling 37 of the 40 properties offered for over £16 million), this year has continued in a similar vein. We have already sold 21 properties totalling over £6 million and there are other lots in auctions planned over the summer.
Concentrated marketing, competative bidding and instant exchange of contracts are the main advantages of selling by auction. Unusual properties, regularly making more than expected is another. Development opportunities and land also tend to sell well by auction.
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