Last week leading independent property consultancy, Allsop Residential, released their 2012 review showing emerging market paterns derived from their sales.
The video report below, tells of UK regional data, property types, average lot sizes, and such aspects of sale as investment yields and more. The report also takes a look at the demand and distribution of UK stock.
As you will see via the report, the firm held seven major residential sales in 2012 which gleaned some £314 million. Obviously the background data on such enormous sales volume provides clear insight into what went on in the market last year. Gary Murphy, Partner and Auctioneer for Allsop, added the following for clarification:
“Despite the difficulties posed by a double dip recession from the start of the year, the continued drought of mortgage finance for many first time buyers and the volatility of market confidence exacerbated by further crises in the Eurozone, our auction rooms have remained reassuringly active. As always, however, pricing is key.”
For those interested in seeing the full report you can download the PDF here. Among the other conclusions drawn from these reports, Allsop iterates the high demand for properties at auction illustrated by their sales and other data.
Established in 1906, Allsop is the number one UK auction player in residential and commercial properties with five offices in West End, the City, Leeds, Brighton and in Glasgow.