residential auction property investment data
RAPID
RAPID stands for Residential Auction Property Investment Data. It is a joint initiative between Allsop, a leading property consultant and the UK’s largest property auction house, and the Essential Information Group (EIG), the leading provider of property auction results and information in the UK.

Highlights of Issue 4
September 2008

  • As the current market continues to weaken, residential auction sales rise in the first half of 2008.

  • Distressed lots rise from a low of 245 in Q1 ’05 to 1,513 in Q2 ’08. Of all flats offered in Q2 ’08, 38% were distressed.

  • Auction doubles its share of the UK housing market, delivering over 2.3% of all recorded Land Registry transactions in Q2 ’08.

  • London continues to see the lowest rise in distressed lots.

  • Regulated tenancy yields rise sharply.
Media Release
19 September 2008
Residential Auction sales rise in the first half of 2008
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