Bond Wolfe sets sights on 50th auction as March results top £26.5 million

Bond Wolfe continued its strong start to 2026 with our March auction raising £26,557,500, with 141 lots sold from 161 offered, an industry-leading 88% success rate.

This performance takes the total raised across our first two auctions of the year to over £50 million, underlining continued demand from buyers across a wide range of property sectors.

We are now preparing for a major milestone, with our next auction on Thursday 14 May set to be our 50th auction since launching in January 2019.

Gurpreet Bassi, chief executive of Bond Wolfe, said:

“Despite ongoing geopolitical conditions, this was another excellent auction with a strong success rate and competitive bidding across a wide variety of lots.

“The results demonstrate the continued strength of the auction market and the appetite from buyers for well-priced opportunities.”

In the run-up to our 26 March auction, we recorded 1,233,740 website page views, with 80,724 video tours watched and 34,547 legal packs downloaded. Remote bidding registrations reached 1,240.

We achieved a number of standout results for our clients, including five lots sold on behalf of Birmingham City Council, raising in excess of £1.5 million.

Among these was a substantial freehold site at Key Hill, Hockley, extending to approximately 35,058 sq ft, which sold for £800,000.

The former Lodge Hill Cemetery Office in Selly Oak was the first lot to go under the hammer, achieving £97,000 from a guide price* of £35,000+.

Other strong results included land adjacent to 1 Stone Road, Edgbaston, which sold for £277,000 from a guide price of £100,000+, and land in Victoria Road, Aston, which achieved £380,000 from a guide price of £275,000+.

Elsewhere, Unit 2 (Shop 4) at Wheeler Street Shopping Centre in Newtown sold in line with its guide price of £25,000.

In Worcester, two lots marketed jointly with Watling Real Estate performed well, with a mixed-use investment at 1 Lowesmoor Terrace selling for £376,000, while the historic Vesta Tilley House achieved £300,000 from a guide price of £250,000+.

Back in Birmingham, a retail investment at 24 Shaftmoor Lane, Acocks Green, sold for £259,000 from a guide price of £185,000+, while 1543 Stratford Road, Hall Green, a vacant office/retail unit, achieved an impressive £403,000 from a guide price of £250,000+.

Residential property also saw strong demand, with a three-bedroom semi-detached house at 218 School Road, Hall Green, selling for £270,000 from a guide price of £125,000+, and a three-bedroom end-terraced house at 16 Harcourt Road, Cradley Heath, achieving £157,000 from a guide price of £50,000+.

Gurpreet Bassi added:

“These are just some of the excellent results achieved for our clients, and we are already seeing strong interest ahead of our May auction.

“As we approach our 50th auction milestone, we look forward to building on this momentum and delivering further success for sellers.”

Our next auction will begin at 8.30am on Thursday 14 May.

The auction will be live-streamed via our website, with remote bidding available by proxy, telephone or internet.

For more details, to register to bid, or to enter a property into our next auction, visit https://www.bondwolfe.com/auctions/properties/, email auctions@bondwolfe.com or call 0121 312 1212.