More than 5,600 properties have now been sold through Bamboo Auctions, with buyers aged 40–59 making up half the platform’s users.

54 lots were sold, of which eight were sold at £1m+

The firm achieved a 76% success rate in its April residential auction.

The firms are aiming to streamline sales and improve efficiency amid greater consumer demand.

The strong sales figures were driven by buyer activity ahead of the recent changes to stamp duty.

Allsop’s next residential auction will take place on 21st & 22nd May

45% of the lots are located in London and the South East.

The property consultancy raised over £58m through back-to-back March residential and commercial auctions

Commercial auctions raised £32.8m from the sale of 54 lots, while residential auctions raised £25m from the sale of 117 lots.

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