Online Auction Index: Q1 2025

Welcome to our Q1 Online Auction Index, our market-leading focus on the UK’s residential online auction market

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Q1 2025 Online Auction Index 

The first quarter of the year has got off to a strong start, signalling another year of growing demand for Auction. It’s no surprise the Stamp Duty Land Tax deadline has been a huge factor in the market in Q1, with everyone pushing for completions before 1st April, to benefit from the lower tax rates.   

Between January and March, we supported our network with 2,878 property sales, with buyers and sellers turning to Auction for its guaranteed speed and security. Our Partner Agents offering Auction have certainly seen the benefits, delighting their clients with timely completions, as well as receiving 13% more in fees compared to the same quarter last year. 

A huge pat on the back is well deserved to everyone in the industry who has been working incredibly hard to get these results for their clients. 

Hear more on the quarter from our Co-Founder, Jamie: 

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Regional Success

  • All
  • North West
  • North East
  • Midlands
  • South
  • South West
  • South East
  • Wales
Highest Sale Price
£366,000
20 Cleadon Towers, South Shields
Martin & Co (Sunderland)

• 3-Bedrooms
• Detached bungalow
• 8 viewings
• Sale Price: £366,000
Highest Sale Price
£661,000
12 Curzon Park South, Chester
Swetenhams

• 3-Bedrooms
• Detached house
• Reserve Price: £550,000
• Sale Price: 661,000
• 8 viewings
• 34 bids
Highest Sale Price
£850,000
102a, Rosemary Hill Road, Sutton Coldfield
Acres Estate Agents

• 4-Bedrooms
• Detached house
• Sale Price: £850,000
• 11 viewings
Highest Sale Price
£1,001,000
36 Monkhams Lane, Woodford Green
Bairstow Eves

• 4-Bedrooms
• Semi-detached house
• 24 viewings
• Sale Price: £1,001,000
Highest Sale Price
£725,000
30 Courtenay Road, 30 Courtenay Road, Newton Abbot
Hamptons

• 4-Bedrooms
• Guest house
• Reserve Price: £660,000
• Sale Price: £725,000
• 8 viewings

Highest Sale Price
£800,000
Rathcoole, Crawley, Winchester
Hamptons

• 3-Bedrooms
• Detached bungalow
• Reserve Price: £750,000
• Sale Price: £800,000
• 14 viewings
• 23 bids
Most bid on property
84 bids
Zion House, Lamphey, Dyfed, Pembroke
John Francis

• 4 Bedrooms
• Detached house
• Reserve Price: £220,000
• Sale Price: £260,500
• 15 viewing

"Q1 2025 has been a strong start, with Auction instructions up 20% year-on-year. Auction sets us apart in a crowded market; despite tougher mortgage conditions, reduced buyer activity, and the SDLT hike, it has kept our momentum where others stalled. One standout: a seller let down by two failed sales; we introduced them to Auction and secured a committed buyer within weeks."

Nicholas Lamb, Director at Webbs Estate Agents

"This was a record-breaking quarter. We saw our highest ever conversion rates from listings to sales, reflecting the strength of our partnership with iamproperty. Auction has helped maintain momentum, delivering strong results and a fast, secure, transparent route for sellers, even amid challenges like fluctuating mortgage offers and lower buyer activity, boosting trust, listings, and completions.”

John Nicholson, Managing Director at Dowen Estate Agents (Hartlepool)

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Jamie's predictions for Q2

An overview of trends Jamie expects to see in the Auction market as we enter the first quarter of the year.
Locking in value in an uncertain market

Trade tariffs caution

Market outlook has been positive so far this year however from a global perspective we’re now looking at a more cautious view in line with the recent implementation of trade tariffs in the US. As a result of the global markets correcting, we might see some buyers waiting to see how the economic markets settle and how this impacts the UK property market, in terms of interest rates, inflation rates and property prices. With market changes always come opportunity, and some buyers will be looking to make a move now to lock in the current value of their property.  

 

Understanding your vendor needs

Market quick to settle

Despite the current market shifts, I think the economic changes will be quick to settle, and we’ll see this flow through to the property market. During this time, it’ll be key for agents to place even more focus on understanding vendors wants and needs, to be able to give sound advice and choice.  

 

 

 

 

The stability of bricks and mortar

Property remaining a sound investment

Something to remember is that when other markets fluctuate due to external factors, people will always turn to the stability of bricks and mortar as a quality, long-term asset, and while demand outstrips supply, prices should hold. In these times, it’s important for agents to focus on what they can control

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