Data, measured 14 September 2026, from the PropDetect analysed base

Auction guide prices against what actually sold

This page rests on 64 auction lots, 32 of them in the North East, and it says so first because the figures below are large enough to be surprising and the sample is small enough to move. Each lot has at least 30 matched sold comparables, a median 100. Beside every measure sits the same measure for the 2,956 ordinary listings in the analysed base with the same evidence, so the auction figure is read against something.

The guide price sits at a median 71.5% of the comparables' sold median, 28.5% below what actually sold, where an ordinary asking price sits at 97.4%. 46.9% of guides are 30% or more below sold; 10% of asking prices are. Modelled at the guide, 51.6% of lots stack against 16.9% of ordinary listings at asking. And the guide is not the price. Measured 14 September 2026.

Table 1: auction lots beside ordinary listings

Every row is measured across the 64 lots and the 2,956 ordinary listings unless a smaller count follows the figure. Price means the guide for a lot and the asking price for a listing.

MeasureAuction lots, at the guide (64)Ordinary listings, at asking (2,956)
Median price as a share of the comparables' sold median71.5% (64 lots)97.4% (2,956 listings)
Middle half of listings, lower to upper quartile56.9% to 88.8%84.4% to 110.5%
Priced 20% or more below the comparables65.6%20.0%
Priced 30% or more below the comparables46.9%10.0%
Stack when modelled at the guide or asking price51.6%16.9%
Median modelled refurbishment, inc VAT, where work is needed£19,131 (64 lots)£10,340 (2,772 listings)
Median refurbishment as a share of the guide or asking price22.1%7.4%
Median flip margin at the guide or asking price, listings with a margin-5.3% (54)-15.4% (2,589)
Share clearing a 20% flip margin at the guide or asking price13.0%5.8%

The median guide in the sample is £70,000 (middle half £49,750 to £95,000) against a median comparable sold price of £92,950. Part of that gap is the work: the modelled refurbishment runs at 22.1% of the guide against 7.4% of an ordinary asking price, three times the share. The rest is the guide doing its job, which is to fill the room.

Table 2: at the guide, what stacks and at what discount

The 64 lots by the verdict the report gave them at the guide, with the median guide as a share of the comparables' sold median within each group.

Verdict at the guideLots, of 64Median guide as a share of sold, across these lots
Stacks at the guide3364.1%
Does not stack at the guide2189.5%
Valuation withheld, thin or divergent comparables1060.3%

The lots that stack at the guide are guided at 64.1% of sold; the ones that do not are guided at 89.5%. A guide a third below the comparables leaves room for the hammer to climb and the deal to survive; a guide a tenth below does not. Among the 33 that stack, the winning strategy is flip 16, buy, refurbish, refinance 14, hold 2, short let 1. The report solves the maximum bid at which each lot still stacks, with the auction fees inside the purchase costs; that number, not the guide, is the one to take into the room.

What the model adds for an auction lot: an assumption, not a finding

Auction fees are inside every auction figure on this page and they are seeds the report lets the buyer replace from the legal pack. Modern method: a reservation fee of 4.2% including VAT, minimum £6,000, on winning. Traditional auction: an administration fee of about £1,500. Either way, £400 for a solicitor to read the legal pack before bidding. When the listing does not say which terms apply, the dearer modern method fee is assumed. Fees that some houses add on top, such as a buyer's premium, are not seeded and must come from the pack.

How these figures are produced

A listing is an auction lot when the portal categorises it as one (64 of the 64) or the pipeline detects auction terms in the price text, description or agent (1). The guide is stored as a guide, never as an asking price. It is compared with the median sold price of the lot's matched comparables from HM Land Registry data, the same basis as the below-market page. Stacking, refurbishment and flip margin are modelled with the purchase at the guide and the seeded fees inside the purchase costs. Lots by region: North East 32, Yorkshire and The Humber 16, Scotland 5, West Midlands 4, South East 3, North West 2, South West 1, Wales 1.

How the numbers behind this page are produced, and what the method can and cannot see: does AI property valuation actually work, and the measured back-tests on the accuracy page.

What this data does not say

One limit applies to every figure on this page: the properties were chosen by PropDetect users to analyse, so this is a sample of investor interest, not a survey of the UK market. Where our users search shapes what the numbers can say.

Common questions

How far below market value are auction guide prices?

Across the 64 UK auction lots PropDetect has analysed with at least 30 matched sold comparables, the guide price is a median 71.5% of the comparables' sold median, so 28.5% below what sold. The middle half of lots run from 56.9% to 88.8% of sold. For 2,956 ordinary listings the asking price is a median 97.4% of sold. This is 64 lots, 32 of them in the North East, and the figure will move as the sample grows. Measured 14 September 2026.

Is the guide price what the property sells for at auction?

No, and this page does not measure hammer prices. A guide is set to draw bidders and the reserve usually sits within a band above it. 51.6% of lots stack when modelled at the guide, against 16.9% of ordinary listings at asking, but a lot that stacks at 64.1% of its comparables (the median among the 33 that stack) stops stacking well before the comparable median. The bid ceiling, not the guide, is the number that matters, and the report solves it for each lot.

Do auction properties need more work?

In this sample, yes, relative to price. The modelled refurbishment including VAT is a median £19,131 across the 64 lots with work against £10,340 across 2,772 ordinary listings, and as a share of price it is 22.1% of the guide against 7.4% of asking. Part of the guide's discount is paying for the work.

What does an auction add to the cost of buying?

Fees the portal price does not show. The model seeds a modern method reservation fee of 4.2% including VAT with a minimum of £6,000, or a traditional auction administration fee of £1,500, plus £400 for a solicitor to read the legal pack before bidding. When the listing does not say which method applies the dearer modern method fee is assumed. These are seeds, not quotes: the auction pack states the real figures.

More from the same base

The bid ceiling for one lot is a question about that lot, its comparables and its work. Run your own property through PropDetect and the same figures arrive for that address in about three minutes. No card needed for the first analyses.