£12.5m sales puts Sheffield auctioneer on top

Mark Jenkinson and Son auctioneers.
Mark Jenkinson and Son auctioneers.
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Sales of more than £12.5m have seen a Sheffield auctioneer record the best results in the whole of Yorkshire for the sector to date this year.

Mark Jenkinson and Son beat off competition from more than 20 other firms across the region to achieve both the best sales and market share results in Yorkshire for the first half of 2015, according to analysis by Essential Information Group (EIG).

EIG, which analyses UK-wide auction data and is recognised as the industry standard, found Mark Jenkinson and Son achieved sales between January and June of at least a third higher - nearly £4m - than its nearest rival.

The latest statistics also give the firm the highest market share in the region to date with 17.6 per cent – six percentage points higher than the next best performing auctioneer.

The company also sold the most lots with 136 - compared with the second placed firm’s 120 - while the most recent two sales totalled £10m, which gave the firm it’s best post-recession sales results.

EIG’s ranking follows the firm’s announcement earlier this year that a large farmhouse and land in Dronfield, which went under the hammer with a guide price of £400,000 sold for £1.36m - the highest individual lot price in the company’s history.

Adrian Little, head of the auction department, said: “EIG analyse all auction data and are held in high regard amongst the country’s auctioneers so these figures are very welcome news indeed.

“We are thrilled to have reached sales of £12,543,850.”