These figures meant the sale totals for 2014 reached £520 million at a success rate of 85%. 839 Lots sold throughout the year with 134 achieving over £1 million.

Compared to 2013, these results show a 36% increase in realisations and a 17% increase in volume.

Duncan Moir, Partner and Auctioneer, commented: "It was a satisfactory end to the year, particularly breaking through the £500 million mark".

He added: "Buyers appear to have a broader appetite for the management intensive Lots, particularly where there is development potential. The private buyer is still very keen on good quality income however, and many Vendors had considerable success, selling into this market."

Their first sale of 2015 will take place on Monday 9th February at The Berkeley.