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General (main property discussion here) - Auctions - advice request

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Charles Kyriakou
Tue 22 Aug 2006
17:28
10 posts

I don't have any non-theoretical experience of auctions. However I am interested in making a pre-auction offer for a property. The property has a guide price of 65k, however when I went to a house price web site I found that a very similar property on the same road sold recently for 112k. Assuming the proeprty is in acceptable nick (I view it on saturday), what do you think I should offer for it? Essentially I am asking, on average, what % above guide price properties generally sell for at auctions.

Many Thanks

Charles

matt fuller
Sat 16 Sep 2006
21:16
14 posts

I would suggest a figure of about 30%

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Subject:Auctions - advice request
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