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Property Auction Houses in the UK - Market Research Report (2016-2031)

Eliza Dunington Eliza Dunington London, United Kingdom Last Updated: January 2026 SIC SP0.113

Revenue

£496.2m

2026-27

£525.2m

Past 5-Year Growth

Profit

£XX.Xm

Employees

2,154

Businesses

358

Wages

£XXX.Xm

Property Auction Houses in the UK industry analysis

Over the five years through 2025-26, the Property Auction Houses industry’s revenue is slated to soar at a compound annual rate of 11.9% to £496.2 million. In 2021-22, UK house prices soared, as the Stamp Duty Land Tax holiday, which lasted from July 2020 to September 2021, allowed buyers to save on tax when purchasing new property, spurring higher demand in the property market. Work-from-home trends also stimulated revenue prospects for auctioneers, as buyers looked for larger, high-value properties. However, as inflationary pressures soared to a peak of 11.1% in October 2022, the Bank of England was forced to hike interest rates. In August 2023, the base rate hit 5.25% and sustained this level until July 2024. In turn, mortgage rates soared, causing revenue for property auctioneers to decline in 2023-24 as buyers held off on purchasing new property.

Trends and Insights

  • Revenue surges as interest rates fall. As the Bank of England eases the base rate, mortgage rates have also fallen, propelling buyers to participate in property purchases and bidding wars in auctions, thereby stimulating revenue growth for auctioneers.
  • Residential property sales dominate. This segment attracts sellers who are keen to sell off their properties quickly. Buyers who know the market well and are less risk-averse are attracted to the fast-paced, competitive pressure of residential auctions.
  • London offers auctioneers high property values. The average sale price of a London property is substantially higher than in any other region in the UK, encouraging property auction houses to set up shop in the area.
  • Estate agents remain a big threat. They’re the primary form of competition to property auction houses, still holding most of the property market. People are drawn in by their lower commissions and an often higher sale value.
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Industry Statistics and Trends

Market size and recent performance (2016-2031)

Industry revenue has grown at a CAGR of 11.9 % over the past five years, to reach an estimated £496.2m in 2026.

Trends and Insights

Auctioneers are sensitive to shifts in the interest rate

  • Over 2022-23 and at the start of 2023-24, the Bank of England raised interest rates to combat spiralling inflation. In August 2023, the base rate peaked to 5.25% and sustained this level until July 2024. This sent ripples throughout the credit markets, causing mortgage rates to soar.
  • Additional trends and insights available with purchase
Property Auction Houses in the UK
Revenue (2016-2031)
IBISWorld Logo Source: IBISWorld

Industry outlook (2026-2031)

Market size is projected to grow over the next five years.

Trends and Insights

The Renters’ Rights Act could encourage landlords to sell up

  • The Renters’ Rights Act 2025 is scheduled to take effect in May 2026 and will transform landlords’ positions, aiming to bolster tenants’ security by introducing periodic tenancies and banning rental bidding and no-fault evictions. This could make letting riskier and less profitable for landlords, potentially prompting them to sell their properties.

Biggest companies in the Property Auction Houses in the UK

Company
Market Share (%)
2026
Revenue (£m)
2026
Auction House UK Ltd
14.8
Eddisons Commercial Ltd
14.7
Allsop LLP
13.4

To view the market share and analysis for all 6 top companies in this industry, view purchase options.

Products & Services Segmentation

Property Auction Houses in the UK
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Residential property, Commercial property and Land. Residential property is the largest segment of the Property Auction Houses in the UK.

Trends and Insights

Demand for residential property picks up as interest rates fall

  • Residential auctions are where residential properties are sold through live bidding, with buyers competing to offer the highest prices to nab the property.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Companies in this industry facilitate the public sale of a property, either by a homeowner, homebuilder, the government or a bank.

What's included in this industry?

Products and services covered in the Property Auction Houses industry in the United Kingdom include Residential property, Commercial property and Land.

Companies

Companies covered in the Property Auction Houses industry in the United Kingdom include Auction House UK Ltd, Eddisons Commercial Ltd and Allsop LLP.

Purchase this report to view all 6 major companies in this industry.

Related Terms

Related terms covered in the Property Auction Houses industry in the United Kingdom include virtual reality, artificial intelligence and inelastic supply.

Industry Code

SIC 2007

SIC 68.31 - Property Auction Houses in the UK

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Revenue surges as interest rates fall. As the Bank of England eases the base rate, mortgage rates have also fallen, propelling buyers to participate in property purchases and...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2016-2025) and forecast (2026-2031)
  • Employees, including historical (2016-2025) and forecast (2026-2031)
  • Businesses, including historical (2016-2025) and forecast (2026-2031)
  • Profit, including historical (2016-2026)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Residential property sales dominate. This segment attracts sellers who are keen to sell off their properties quickly. Buyers who know the market well and are less risk-averse...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2026
  • Product innovation level

Charts

  • Products & services segmentation in 2026
  • Major market segmentation in 2026

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

London offers auctioneers high property values. The average sale price of a London property is substantially higher than in any other region in the UK, encouraging property a...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2026

Tables

  • Number and share of establishments in each region in 2026
  • Number and share of revenue each region accounts for in 2026
  • Number and share of wages each region accounts for in 2026
  • Number and share of employees in each region in 2026

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Estate agents remain a big threat. They’re the primary form of competition to property auction houses, still holding most of the property market. People are drawn in by their...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2021-2026
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Auction House dominates as the UK's largest property auction company. Local expertise and an online presence bolsters Auction House's reputation among downstream clients, att...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2022 through 2026
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2026
  • Overview of Auction House UK Ltd's performance by revenue, market share and profit margin from 2020 through 2026
  • Overview of Eddisons Commercial Ltd's performance by revenue, market share and profit margin from 2020 through 2026
  • Overview of Allsop LLP's performance by revenue, market share and profit margin from 2020 through 2026
  • Overview of revenue, market share and profit margin trend for 3 additional companies

Detailed analysis

  • Description and key data for Auction House UK Ltd, and factors influencing its performance in the industry
  • Description and key data for Eddisons Commercial Ltd, and factors influencing its performance in the industry
  • Description and key data for Allsop LLP, and factors influencing its performance in the industry
  • Description, key data and performance trends for 3 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Auction houses only have private associations for support. They benefit from the activities of the National Association of Valuers and Auctioneers, which helps them maintain ...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2016-2031) 
  • Assistance historical data and forecast (2016-2031) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Profit rebounds in line with property prices. As house prices recover along with interest rates falling, property auction houses’ profitability is edging upwards.

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2026
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2026
  • Investment vs. share of economy

Data tables

  • Liquidity Ratios (2020-2024)
  • Coverage Ratios (2020-2024)
  • Leverage Ratios  (2020-2024)
  • Operating Ratios (2020-2024)
  • Assets (2020-2024)
  • Liabilities (2020-2024)
  • Cash Flow & Debt Service Ratios (2016-2031)
  • Revenue per Employee (2016-2031)
  • Revenue per Enterprise (2016-2031)
  • Employees per Establishment (2016-2031)
  • Employees per Enterprise (2016-2031)
  • Average Wage (2016-2031)
  • Wages/Revenue (2016-2031)
  • Establishments per Enterprise (2016-2031)
  • IVA/Revenue (2016-2031)
  • Imports/Demand (2016-2031)
  • Exports/Revenue (2016-2031)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2016-2031)
  • IVA (2016-2031)
  • Establishments (2016-2031)
  • Enterprises (2016-2031)
  • Employment (2016-2031)
  • Exports (2016-2031)
  • Imports (2016-2031)
  • Wages (2016-2031)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Property Auction Houses industry in the United Kingdom in 2026?

The market size of the Property Auction Houses industry in the United Kingdom is £496.2m in 2026.

How many businesses are there in the Property Auction Houses industry in the United Kingdom in 2026?

There are 358 businesses in the Property Auction Houses industry in the United Kingdom, which has grown at a CAGR of 2.5 % between 2021 and 2026.

How may import tariffs affect the Property Auction Houses industry in the United Kingdom?

The Property Auction Houses industry in the United Kingdom is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.

How may export tariffs affect the Property Auction Houses industry in the United Kingdom?

The Property Auction Houses industry in the United Kingdom is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.

Has the Property Auction Houses industry in the United Kingdom grown or declined over the past 5 years?

The market size of the Property Auction Houses industry in the United Kingdom has been growing at a CAGR of 11.9 % between 2021 and 2026.

What is the forecast growth of the Property Auction Houses industry in the United Kingdom over the next 5 years?

Over the next five years, the Property Auction Houses industry in the United Kingdom is expected to grow.

What are the biggest companies in the Property Auction Houses industry in the United Kingdom?

The biggest companies operating in the Property Auction Houses industry in the United Kingdom are Auction House UK Ltd, Eddisons Commercial Ltd and Allsop LLP

What does the Property Auction Houses industry in the United Kingdom include?

Residential property and Commercial property are part of the Property Auction Houses industry in the United Kingdom.

Which companies have the highest market share in the Property Auction Houses industry in the United Kingdom?

The company holding the most market share in the Property Auction Houses industry in the United Kingdom is Auction House UK Ltd.

How competitive is the Property Auction Houses industry in the United Kingdom?

The level of competition is moderate and steady in the Property Auction Houses industry in the United Kingdom.

Methodology

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Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in the UK include:

  • Office for National Statistics
  • Office for Budget Responsibility
  • Bank of England

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

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