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Auction House appraisals: What do they involve?

Sam Kinloch

Whether you’re keen to sell your house at auction as quickly as possible or are interested in the indicative guide price our experienced auctioneers would suggest, Clive Emson’s efficient appraisal service is the first step to discovering what your property is likely to achieve. Simply share some details about the house you would like to be appraised and the best contact details for you, and one of our friendly team members will be in touch to put together an appraisal without any obligation to proceed.

Appraisals can be completed following an in-person property visit, with input from an accomplished auction professional with years of experience and extensive knowledge of the local and national real estate markets.

Find out how much your property will sell for at auction.

Let us know the details of your property and we’ll provide you with our recommendations for the guide price and reserve price

House for sale by Auction

UK Areas and Regions Covered by Clive Emson House Auctions appraisals


Clive Emson is a specialist property auctioneer, and we offer auction appraisals across several regions, including:


  • Kent auction property appraisals are managed by our Maidstone team.

  • Sussex house appraisals, via our auction professionals in Brighton.

  • Hampshire, with the local Clive Emson colleagues based in Fareham.

  • West Country auction house appraisals, with our Exeter branch covering Devon and Cornwall.

  • Essex real estate auction appraisals are completed by our teams based in Chelmsford.

  • London house appraisals are managed by Clive Emson’s south east team.


Should you wish to speak with someone about any aspect of your property sale or the auction process before requesting a appraisal, you are welcome to contact your nearest office directly.


To help ensure  appraisals are as accurate as possible, we view the property to learn more about the  details and may require access to  information about  work or maintenance carried out since then.



Factors That Impact Auction House Appraisals


Valuing a property can be a complex task because every home has varied aspects that might impact the amount bidders are prepared to pay at auction or that make one property highly attractive to specific buyer groups.


The amount we'd expect a house to achieve at auction is also influenced by external factors outside the seller's control, such as the buoyancy of the local market and access to competitively priced auction finance borrowing.


Below, we've created a concise checklist of the elements we will inquire about when preparing a new auction house appraisal.


House Features, Age and Condition


Every property for sale must include particulars, which state things like:


  • Condition of the property

  • The number of rooms and bedrooms

  • The size, layout and outdoor space

  • Any special period or statement features

  • Renovations, extensions or modifications made

  • The type and condition of the roof

  • The energy performance rating


Buyers will need to have a clear idea of the property's condition, the extent of modernisation, renovation, or reconstruction needed, and whether the house is currently habitable. 


However, in an auction setting, a property that has excellent potential for redevelopment or renovation can attract investors, renovation enthusiasts, and developers, which can itself drive up interest.


Location and Demand


A property in a prestigious location or sought-after area will always be a factor appraisingly, which can mean the seller may achieve an appraisal significantly greater than they had anticipated, especially if the property has been under the same ownership for some time and local demand and economic conditions have changed.


There are numerous reasons some areas have more upbeat property markets. Still, these can include proximity to major commercial areas, being within a commuter belt, areas with sea or countryside views, and homes within catchment areas of certain schools, colleges and universities.


Additional Aspects That Can Affect Auction House Appraisals


Following the initial appraisal, it is common to see sustained pre-auction interest and registrations, where bidders record their intention to attend the auction and download legal packs for properties they are interested in buying.


Understanding the Accuracy of Expert Auction House Appraisals


Auction appraisals provide an idea about the amount you might anticipate achieving at auction, but it is important to reiterate that auctions can be dynamic and competitive:


  • The objective of an auction property sale is to complete the transaction smoothly and efficiently at a price that both the seller and buyer are satisfied with.

  • In some cases, a guide price may be exceeded many times over when several bidders are competing and are prepared to pay a higher amount to secure a home in a premium area or with excellent potential.

  • appraisals and guide prices are fully visible to participants and show prospective bidders an approximation of what the seller might be willing to accept, but this doesn’t necessarily influence their bidding options or budgets.


This means that, while we provide auction house appraisals that are as accurate as possible, the actual highest bid may vary. 


Thorough property research around the location, market activity, and the prices achieved for similar homes in the area is the best way to ensure appraisals reflect as close to the final sale value as possible while considering refurbishments, rental demand, and the buyer demographics your home is most likely to appeal to.


Request Your Complimentary Auction House Appraisal Today


To receive your professional auction appraisal, please complete this form and let us know if there is a preferred day or time to reach you. Alternatively, you can browse our upcoming auction listings to get an idea of the guide prices for other homes in your area or contact your local Clive Emson team with any queries.


About the Author

Sam Kinloch

Sam Kinloch

Director & Senior Auction Appraiser
FNAEA MNAVA

Sam’s career in the dizzy world of property auctions began when he hung up his chainsaw and headed in from the forest. Joining the team in 2003 Sam now sits on the Board of Directors and has been instrumental in the adoption of online auction services.
Out of the office you can find him flying around the velodrome or sipping coffee at a local café.


01273 504232

07968 780714

sam@cliveemson.co.uk

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