Auction House UK
Auction House UK is the UK's largest residential and commercial property auctioneer, operating 40+ regional auction rooms and a national online platform serving individual buyers, buy-to-let investors, developers, and probate sellers across the United Kingdom.
- Company typePrivate
- Founded2007
- HeadquartersCringleford, United Kingdom
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Auction House UK does
Auction House UK is a privately held UK property auction company founded in 2007, headquartered in Wissett, Halesworth, with operations managed through a franchise model covering more than 40 regional auction rooms and 13+ regional offices across England, Scotland, Wales, and Northern Ireland. The company sells residential properties (houses, flats, bungalows, land) and commercial assets (retail units, mixed-use buildings, development sites) through both traditional in-room auctions and a national online platform that supports eBay-style internet bidding, proxy (maximum) bidding, a 60-second anti-sniping extension window, and timed/conditional formats, with buyer registration centralised through the EIG Auction Passport system.
Its core technology stack centres on a proprietary online bidding platform with automated proxy bidding and authentication integration, combined with regional franchise-operated physical auction rooms livestreamed to a national audience. Specialist services include a Probate/Executry offering for inherited-property sales, a Commercial Auction Service with a Commercial Partner Agent programme, and a comprehensive Auction Guide content resource.
The business makes money primarily through transaction-based fees — a Buyer's Premium (typically £900–£3,600 inc VAT per lot) and an Administration Charge (£1,200–£3,600 inc VAT per lot), both non-refundable upon exchange of contracts — supplemented by franchise/licensing fees from its regional partner network and indirect finance revenue through its Together Money partnership. The customer base is highly fragmented across individual property buyers and sellers, buy-to-let investors, commercial investors, developers, and probate sellers, with no single customer or anchor tenant disclosed.
Auction House UK firmographics
Firmographics- Name
- Auction House UK
- Legal name
- Auction House UK Limited
- Website
- https://auctionhouse.co.uk
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Auction House UK is the UK's largest residential and commercial property auctioneer, operating 40+ regional auction rooms and a national online platform serving individual buyers, buy-to-let investors, developers, and probate sellers across the United Kingdom.
- Ownership category
- akta.pro rank
Auction House UK industry classification
Industry- Product category
- Property Auction Services
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Residential Real Estate Auctions (BPAJAEAA)
- akta.pro secondary industries
- Commercial Real Estate Auctions (BPAJAEAB), Foreclosure/REO & Distressed Property Auctions (BPAJAEAF), Bankruptcy, Probate & Estate Property Auctions (BPAJAEAG)
Keywords
Where Auction House UK is headquartered
LocationHeadquarters
- HQ city
- Cringleford
- HQ country
- United Kingdom
- HQ region
- Europe
Offices14 records
Markets served
Auction House UK business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Buyer's Premium: Buyers pay a non-refundable premium (typically a percentage or fixed amount plus VAT) upon exchange of contracts at auction. Rates vary by franchise/region, ranging from £900 to £3,600+ inc VAT per transaction.
- Administration Charges: Non-refundable administration fees charged to buyers upon exchange of contracts. Typically a fixed amount inc VAT (e.g., £1,200-£3,600), sometimes with a percentage-based component subject to a minimum.
- Franchise Fees: Revenue from franchise network operations where regional partners operate local auction rooms under the Auction House brand, handling property auctions in defined geographic territories.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard buyer fees - residential property auctions |
| Transaction based/ take rate | Pay-as-you-go | Large/commercial property auctions |
| Transaction based/ take rate | Pay-as-you-go | Premium location/urban residential auctions |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels7 records
Auction House UK product offering
Product offeringCore offering
Auction House UK provides residential and commercial property auction services through a national network of 40+ franchised regional auction rooms and a National Online Auction platform with eBay-style internet bidding. The company facilitates fast, legally binding, unconditional property transactions (typically completing in 28 days) covering houses, flats, bungalows, land and commercial lots, with guide prices ranging from £500 to over £2 million.
Product overview
Auction House UK operates as the UK's largest residential and commercial property auction company, offering both traditional in-room auctions across 40+ regional auction rooms and National Online Auctions with eBay-style internet bidding. The platform provides a comprehensive property auction ecosystem including property search tools, auction finance options through partner Together Money, probate/executry services, commercial auction services, and educational resources through the Auction Guide. Properties span residential houses, flats, bungalows, land, and commercial units, with guide prices ranging from £500 to over £1 million. The company operates on a franchise model with regional offices serving specific geographic areas.
Differentiator
Problem solved
Functional benefit
Products and services
- National Weekly Property Auctions Weekly in-room property auctions held across 40+ UK regional auction rooms and broadcast by livestream, offering residential and commercial properties for sale with bids placed in person or remotely. Targets buyers and sellers across the entire UK property market.
- National Online Auctions eBay-style internet bidding platform enabling remote property purchases through timed and conditional online auctions, accessible from any location, with proxy/proxy maximum bidding and 60-second anti-snipe extension windows. Guide prices range from £500 to over £2 million.
- Auction Finance Auction finance products (bridging loans, mortgages, insurance) offered to property buyers through finance partner Together Money to enable completion of auction purchases.
- Probate / Executry Service Specialist service assisting executors, administrators and beneficiaries in selling inherited properties through auction, providing a fast unconditional disposal route for estate property.
- Commercial Auction Service Dedicated commercial property auction service for offices, retail units, industrial buildings, mixed-use assets, development sites and investment portfolios, accessed directly or via Commercial Partner Agents.
Quantifiable outcome
- Properties sold at auction complete in approximately 28 days
- +1 more outcomes
Companies that use Auction House UK
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Auction House UK technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Auction House UK partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Property OmbudsmancoreMandatory membership in The Property Ombudsman Scheme for dispute resolution in property transactions. Provides independent dispute resolution service for buyers and sellers using Auction House services.
- Together MoneycoreFinance partner offering auction finance products (bridging loans, mortgages, insurance) to buyers. References on individual property listings as 'Finance available on this property.' Referenced across all regional auction listings.
- Auction Passport (Essential Information Group)coreEIG's Auction Passport platform provides centralised buyer registration, identity verification, and legal document access used by Auction House and ~350 other auctioneers. Streamlines buyer onboarding across the auction ecosystem.
- Auction House FranchiseescoreRegional franchise partners operate local auction rooms under the Auction House brand. Franchisees handle local property auctions, seller valuations, buyer registrations, and marketing for their geographic territory. Over 40 regional partners covering the entire UK.
- Referencing CompaniesminorThird-party referencing companies engaged to comply with Anti-Money Laundering (AML) regulations, prevent fraud and money laundering in property transactions.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
Auction House UK competitors and assessment
Company assessmentDirect peers
- Allsop: Allsop is one of the UK's largest commercial and residential property auction houses, conducting regular in-room and online auctions. Directly comparable to Auction House UK in core auction activity, buyer/seller segments, and revenue model (buyer's premium on auction lots).
- Clive Emson Land and Property Auctioneers: Clive Emson is one of the largest independent UK property auction houses, running eight regional auction rooms covering southern England. Comparable in offering residential and commercial lots with similar buyer's premium structure.
- SDL Property Auctions (formerly Bigwood): SDL Property Auctions is a UK national property auctioneer formed from Bigwood and other regional auctioneers, operating both timed online auctions and traditional in-room events. Direct competitor to Auction House UK's National Online Auctions.
- Strettons: Strettons is a London-based property auctioneer and commercial agency running regular property auctions. Comparable in offering commercial and residential lots with similar in-room and online bidding formats, though with a more London-centric focus.
- Eddisons: Eddisons operates a significant UK commercial property auction service alongside traditional agency. Comparable to Auction House UK's commercial auction service, particularly for investment properties, mixed-use buildings, and development sites.
- Barnard Marcus (auctions division): Barnard Marcus operates a significant UK residential property auction service as part of the Connells Group, competing head-to-head with Auction House UK for residential lots, buy-to-let investors, and refurbishment buyers across England and Wales.
Emerging players
- iamproperty / iamsold (online auction platform): iamsold (part of iamproperty group) is an online-only UK property auction platform used by many estate agents to offer modern method of auction sales. Comparable to Auction House UK's online auction channel as an emerging digital-first competitor.
Broad incumbents
- Countrywide (auction services): Countrywide is one of the UK's largest estate agency groups with a property auction offering. As a broad incumbent, it competes with Auction House UK for residential listings and buyer registrations, though auction is a small part of its overall portfolio.
- Knight Frank (Auctions): Knight Frank is a global property consultancy with a UK auction service focused on premium and unique properties. Comparable in the commercial and high-value residential auction segments, though auction is a small part of Knight Frank's broader services portfolio.
- Savills (Auctions): Savills is a global real estate services firm with a UK property auction division that handles premium residential and commercial lots. While a broader real estate services incumbent, its auction business directly overlaps with Auction House UK's higher-value residential and commercial segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Auction House UK social profiles
Digital presenceAuction House UK financial estimates
Financial estimateRevenue estimate
Valuation estimate
Auction House UK leadership team
Management profileNumber of profiles
Auction House UK funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Auction House UK M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Auction House UK
What does Auction House UK do?
Auction House UK provides residential and commercial property auction services through a national network of 40+ franchised regional auction rooms and a National Online Auction platform with eBay-style internet bidding. The company facilitates fast, legally binding, unconditional property transactions (typically completing in 28 days) covering houses, flats, bungalows, land and commercial lots, with guide prices ranging from £500 to over £2 million.
Is Auction House UK a public or private company?
Auction House UK is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Auction House UK founded?
Auction House UK was founded in 2007. It employs 101 to 250 people.
Where is Auction House UK based?
Auction House UK is headquartered in Cringleford, United Kingdom, in the Europe region.
How does Auction House UK make money?
Three revenue lines are on record. Buyer's Premium is the primary driver. The others are administration Charges and franchise Fees.
Who are Auction House UK's main competitors?
Direct peers on record are Allsop, Clive Emson Land and Property Auctioneers, SDL Property Auctions (formerly Bigwood), Strettons, Eddisons and Barnard Marcus (auctions division). iamproperty / iamsold (online auction platform) is listed as an emerging player. Broad incumbents are Countrywide (auction services), Knight Frank (Auctions) and Savills (Auctions).
Does Auction House UK have an API?
No public API is recorded for Auction House UK.
What industry is Auction House UK in?
Auction House UK's product category is Property Auction Services. Its primary akta.pro industry code is BPAJAEAA, Residential Real Estate Auctions, with a secondary code of BPAJAEAB, Commercial Real Estate Auctions. Its SIC code is 6531.