Despite uncertainty affecting the wider UK property market the auction sector remains buoyant, according to auctioneer Brown & Co.
Despite uncertainty affecting the wider UK property market the auction sector remains buoyant, according to auctioneer Brown & Co.
Brown & Co said its summer auction in Norwich yielded good results despite national uncertainty in the light of last week's vote to leave the EU.
Partner, Peter Hornor said:"Because of the diversity of the properties on offer, these results indicate that there is clearly still a demand for property across all price ranges."
There were a number of star lots int he sale incuding an agricultural building in East Ruston and a large country house in need of total renovation, set in 15 acres near Watton, which both sold in excess of the guides.
In addition, good results were achieved for a wide range of property on offer, from garages and development and amenity land, through to houses in need or renovation on the outskirts of Norwich.
Hornor added: "There is no doubt that thre is still good demand for property in our region which is heartening and is all good news amid the doom and gloom."
