Bond Wolfe breaks £33 million sales barrier with record-breaking July auction

Bond Wolfe has set a new benchmark in the UK property auction sector, achieving an all-time high of £33,633,123 in sales at our latest auction held on Thursday 10 July, the largest property auction ever held outside of London.

Our July auction saw 175 lots offered, the highest number so far this year, with 157 lots sold, an exceptional 91% success rate.

The event also set a new digital milestone, with 1,434,246 website page views, 37,426 video tours watched, and 43,231 legal packs downloaded, reflecting continued and growing demand across residential, commercial, and land assets.

This latest success pushes our 2025 auction sales total to £103,675,407, marking a significant achievement in just over half the year.

Gurpreet Bassi, chief executive of Bond Wolfe, said:

“This was a truly landmark auction for Bond Wolfe – our highest sales total to date, with the largest number of lots offered this year, and a market-leading sale rate of 91%.
The strength of the market and the confidence of our buyers continues to deliver excellent results for our clients.
Huge credit goes to our dedicated team and of course to our clients and bidders, who made this record-breaking auction possible.”

Among the standout results was the sale of a 38,825 sq ft freehold land parcel on Villa Street, Lozells, which more than doubled its £445,000+ guide price, selling for £1.1 million.

Further highlights included:

• 126 Yarnfield Road, Tyseley – a three-bedroom detached house sold for £232,000 off a guide price of £100,000+.

• 4 Tennal Drive, Harborne – a three-bedroom semi-detached house achieved £226,000 from a £145,000+ guide price.

• 245-253 Spring Road, Tyseley – a freehold plot of 7,933 sq ft sold for £440,000 from a £100,000+ guide price.

• Land adjacent to 79 Belchers Lane, Saltley – sold for £220,000, also off a £100,000+ guide.

Bond Wolfe once again delivered results for local authorities, with seven lots sold on behalf of Birmingham City Council totalling £2.5 million, and a former scout hut site on Arlescote Road, Solihull sold for £250,000, far exceeding its £95,000+ guide price.

Other notable sales included:

• Clarage House, Halesowen – a freehold mixed-use investment sold for £750,000 (guide: £650,000+).

• 27 Rawlings Road, Bearwood – a three-bedroom mid-terraced house sold for £171,000 (guide: £50,000+).

• 156 Birmingham Road, Oldbury – an end-terraced house achieved £192,000 off a guide of just £25,000+.

• 92 & 94 Weoley Castle Road – freehold commercial ground rent lots sold for £80,000 and £162,000 respectively (guide: £25,000+ each).

Bond Wolfe’s next three live-streamed auctions in 2025 will be held on:

• 11 September

• 23 October

• 10 December

Auctions are livestreamed via bondwolfe.com, with remote bidding by proxy, telephone, or internet.