In March 2025, leading UK auction house Allsop conducted back-to-back commercial and residential property auctions, achieving combined sales of over £58 million, equivalent to approximately €66.4 million. These results reflect continued investor confidence in the UK property market, despite broader economic uncertainty.
💼 Allsop Commercial Auction Highlights
The commercial auction generated £33.1 million in total sales (approx. €37.9 million), with several standout deals.
Key Statistics
| Metric | Value |
|---|---|
| Total sales | £33,100,000 (~€37,900,000) |
| Number of lots sold | 54 |
| Average sale price per lot | £612,963 (~€702,000) |
| Lots sold over £1 million | 8 |
Notable Lot Example
Westgate House, Halifax
- Area: ~6,875 m² (74,000 sq. ft.)
- Guide price: £2,500,000 (~€2,860,000)
- Sale price: £3,530,000 (~€4,040,000)
- Sold 40% above guide price
🏠 Allsop Residential Auction Highlights
The residential auction raised £25 million (approx. €28.6 million) with 117 lots sold across the UK.
Key Statistics
| Metric | Value |
|---|---|
| Total residential sales | £25,000,000 (~€28,600,000) |
| Number of lots sold | 117 |
| Average sale price per lot | £213,675 (~€244,000) |
Notable Lot Example
Freehold terraced house in Holloway (North London)
- Starting price: £750,000 (~€857,000)
- Final price: £950,000 (~€1,090,000)
- Price exceeded reserve by 27%
📊 Market Insights
Commercial Sector Observations
- Strong interest in income-generating assets
- Tenanted properties performed especially well
- Institutional and private investors both active
Residential Sector Observations
- Buyers are more selective
- Properties with strong rental potential are preferred
- Demand remains healthy despite tax and policy shifts
🔮 Forecast and Outlook
- Commercial real estate is expected to remain a top target for investors
- Residential activity may fluctuate short-term, but remains stable overall
- Allsop auctions continue to set benchmarks for market-based property valuations
✅ Conclusion
Allsop’s March 2025 auctions demonstrate:
- 💷 Total sales: over £58 million
- 💶 Euro equivalent: approximately €66.4 million
- 🔝 Strong demand for commercial and high-yield residential assets
- 📈 Investor confidence amid market uncertainty
These results confirm that auctions remain an essential tool for buying and selling UK property, offering speed, transparency, and competitive pricing.
