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Allsop and The Essential Information Group have released RAPID (Residential Auction Property Investment Data) February 2012.

In this on line report, we examine the level of distressed stock in the residential auction market since the start of first signs of recession. We interpret these against the background of activity in the banking sector and endeavour to predict patterns of sale and demand in the year ahead. We look at the performance of assured shorthold and ground rent investments and examine how this may change in the context of movements in capital and rental markets. The analysis draws on statistical data from within four geographical areas of the UK.

 


Notes to editor

About Allsop

Allsop is an independent property consultancy with a market-leading reputation for high quality service, integrity and innovation. We are also well known as the UK’s largest and most successful auction house.  Our success is built on over 100 years’ experience in commercial and residential property consultancy and sales.

About Essential Information Group

Essential Information Group is the only source of nationwide comprehensive property auction information, past, present and future, covering the activities of every UK property auction house

RAPID stands for Residential Auction Property Investment Data.

It is a joint venture between Allsop, a leading property consultancy and the UK’s largest property auction house, and the Essential Information Group (EiG), the leading provider of property auction results and information in the UK.

What does RAPID do?

RAPID analyses the data recorded in relation to residential auction disposals. This data is drawn from 225,000 lots which in total have raised £21.48bn.

What does RAPID not do?

RAPID is not a residential index. Its function is data collection, interpretation and analysis. It does not track the performance of the same sample data. By definition, auctions will see different properties offered at each sale. Consequently, RAPID should be regarded as presenting data and interpreting trends rather than as an industry index.

Contact

To arrange an interview or for the supply high resolution images or further information please contact Anna Jones
Anna.Jones@allsop.co.uk
020 7543 6728