The number of properties sold at auction rose by 6.2% year on year to 3,274 in February, new figures show.
There was a 6.7% rise in the number of properties listed for auction in February to 4,534, according to the latest data from Essential Information Group.
It found the success rate for sales was 72.2% and the total sum raised was £645.3m, a decrease of 2.4% compared to the same month in 2025.
EIG founder David Sandeman says: “Overall, the figures show auction supply and sales continuing to run ahead of last year’s levels. Several regions recorded strong increases in activity during the most recent rolling quarter, indicating continued momentum across the market as 2026 progresses.”
Responding to the latest auction data, National Association of Valuers and Auctioneers Propertymark president Stuart Collar-Brown adds: “The year to date has represented a solid start for the auctioning profession.”
“Auctions can prove an efficient route for buyers and sellers navigating through complex circumstances where a fast sale is needed compared to the obstacles that traditional private treaty sales can sometimes present.”
“The housing market has come up against many upheavals since the beginning of the decade, and with more of such signs to come when considering recent global events, auctioning has the potential to no doubt continue as a widely respected sales method that produces favourable results when buying or selling a property.”
“During a time when housing legislation is becoming increasingly layered and complex, being able to use a Propertymark Protected auctioneer can make a substantial impact in terms of the speed and efficiency of completed transactions.”