The UK’s number 1 property auctioneer Auction House – which has a branch in Hampshire – is celebrating its 10th anniversary, having successfully sold over 20,000 (20,516) lots since its inception on 1 July 2007.

In the last decade the award-winning brand has grown to become the largest residential auctioneer in the UK in terms of lots sold, having held 1,415 auctions across the country, with a success rate of 78%, and raising a total of more than £2.3bn (£2,308m).

Marking the occasion, Auctioneer, Steve Sprake said, “The Auction House story has been one of spectacular achievement. In the last ten years we have grown from having just a single sales room in Norwich to running 40 auction rooms across the UK, and a collective annual turnover in the region of £10 million.

“We are now the auctioneer of choice in most parts of the country. Our results show that we have a strong team delivering a top-level service to our sellers and buyers. We’re committed to keeping our title of the UK’s Number 1 Auctioneer and are looking forward to the next ten years.”

The group held its 10th anniversary conference at the Woodland Grange ConferenceAuction House Conference 2017 Centre in Leamington Spa earlier this month (Thursday 15 June), which was attended by over 100 member and supplier delegates. The company also announced that it is refreshing its brand, maintaining red as the dominant colour, but with a cleaner, simpler logo.

Steve Sprake added: “Over the last ten years auctions have become increasingly popular and we’ve made our service more accessible and successful for a higher numbers of sellers. During that time, the average selling price at Auction House has risen from £80,000 to £130,000.

“Auctions have become a mainstream alternative on the back of our activity and there is now a wide understanding that local properties sell at higher prices to local buyers through nearby auction rooms – a theme we are committed to developing throughout the next decade.”

038 cropped We are now half way through the year and it is time for Pearsons 4th auction of 2017.

 With the unexpected announcement of a general election the previous auction proved a  little more challenging. Whilst lots sold both pre and post auction the activity in the  room on the day resulted in 8 garage sales.  Alas, we have no garages to offer this time,  but there is a very good selection of residential properties throughout the Hampshire  area.

Whether you are looking for a new home in need of general updating or a more  extensive refurbishment opportunity to sell or rent, today’s catalogue should have  something to appeal to all tastes.

Everything is available to view and open days have been arranged, so please give the local office or the auction department a call if there is something of interest.

I hope to see you all in the Media Suite at the Hilton Hotel on the 12th July.

Pearsons Auction House wish to congratulate Auction House UK on their 10 year anniversary, with over 40 Auction Houses across the country and growing, of whom we are proud to represent Hampshire and the Isle of Wight.

We are delighted to be part of the award winning team within Auction House UK who over the past 5 years have won numerous industry awarAuction House 10 Yearsds, including the title of Residential Auction House of the Year/Network Group of the Year, as voted for by industry peers.

With over 3000 auction lots sold each year, Auction House are the market leader for property auctions in the UK. National data shows that Auction House sell more property lots and is market leader in several other countries too.

Pearsons Auction House have now been a partner agent working with Auction House UK for 3 years, benefiting from a wealth of expertise, innovative ideas enabling us to provide excellent customer service along with growing property success which also benefits both owners and buyers .

We look forward to continuing a successful partnership with Auction House UK and are excited for what the future holds.

For further information please contact us on 023 8047 4274 or

Carnival photo

Please come and join Pearsons on Saturday 17th June for West End Carnival.

The procession starts at 1pm from Quob Lane finally arriving around 2pm at Hatch Grange where the festivities begin.

There are lots of events and competitions on Carnival Day and throughout Carnival Week including best garden, best allotment, shop window (which we are a part of), carnival quiz, raffle prizes and the West End walk.

The Blue Cross Dog Show at Hatch Grange commences at 2.00pm on the 17th June and to enter on the day it is £2.00 per class.

We really hope you will be able to come and join us and support this very special day where our community comes together.

If you require any further information please call our West End office on 02380 474274.

Award-winning auctioneer Auction House is reporting robust figures for May 2017, selling almost a quarter more lots (23%) than during the same period last year.

The UK’s leading property auctioneer, which has a branch in Southampton, successfully sold 274 lots in the month, compared to 223 in May 2016.

Commenting on the figures, Auctioneer Steve Sprake said: “Despite holding the same number of auctions during the two months in question, the group has sold a significantly increased number of lots. This suggests that the appetite for selling under the hammer through our regional auction rooms hasn’t been diminished bySTEVE SPRAKE (3) concerns over Brexit or the snap General Election.

“Even if people made their decision to put properties into our May sales prior to the election announcement, our entries look likely to be nearly 100 lots ahead of last year – and these were all placed with us when the election campaign was already underway. This indicates that there’s no shortage of sellers around the country, and purchasers are still hungry to buy.”

Steve Sprake contrasts the continued healthy activity in the auctions sector with that in the private treaty market, where there are reports of lower instructions and fewer viewings.NEW AH Pearsons White

He explained: “The truth is that many sellers are in a hurry, so they choose the auction route to market in order to get the results they want in the time scale they require. Meanwhile, buyers are still active in most areas with property still seen as an effective hedge against inflation – which means we are continuing to see a number of properties being sold to investors.

“All of which indicates that – despite a challenging sales environment – there has been no let-up in activity, and properties are still selling well under the hammer.”