Paul Mooney, Savills Auctioneer commented:
"Yesterday was a very strong day with probably the best results we have seen for about a year. The room was packed with approximately 500-600 people at any one time all looking to buy and most lots had four or five people bidding.
"The strongest lots were those in London demonstrating that London postcodes are still the hottest properties to buy, the further you go out the weaker it gets but there is money out there and people are buying."
Two bidders went head to head on a large double fronted four bedroom house in Battersea (lot 144), it was on at a guide of £700,000 and eventually sold for £900,000.
The house, which was on the market for the first time in 25 years, requires some refurbishment and upgrading allowing the buyer to carry out improvements to their own specification.
Lot 105 a rarely available two/three bedroom cottage located in a secluded private location near Bembridge Harbour and Sailing Club on the Isle of Wight had a number of people interested and sold for £316,000.
Lot 21 an attractive mid terrace house requiring modernisation in the popular SW6 postcode was on at a guide of £500,000 and sold for £683,000.
Lot 60 a rarely available mid terrace building on Hereford Road, Bayswater, arranged as a ground floor and basement restaurant with residential upper parts - Part vacant investment £43,600 per annum was on at a guide of £900,000 and sold for £1,325,000.
The next Savills Auction will be held on Monday 28th March, entries are now being invited.
