Savills results were up by 3.7% from the same period in 2014, in contrast with an overall fall across residential auctions of 0.5%. Savills success rate was also one of the highest across the industry at 87.3%. 


Chris Coleman-Smith, head of UK London & National Auctions comments: "Savills auctions continued to perform well in the first half of 2015. June's result was our best on record and July's catalogue looks promising, with 11 lots going under the hammer with guide prices in excess of £1m. Realistic pricing remains key to achieving the best results, encouraging competitive bidding for property across the country. Unusual lots have also sold well - at our last auction a pavement area in Islington sold for £125k from a disclosed reserve price of £4k, while a former pumping station in Oxfordshire sold for more than £300k from an opening bid of £140k." 

Since 2013, Savills London and National auctions has increased the total value of property sold in the first six months of the year by 33%.