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REVIEWOF 2018

Brown&Co sold nearly £10Mworth of property under the hammer throughout Norfolk and East Anglia fromour Norwich Auction Centre in 2018. Wewere delightedwith the results of our four auctions last year, with auctions continuing toworkwell for buyers and sellers alike due to the transactional speed and certainty that auction delivers. March 2018 saw£3.5Mworth of property sold on the day, with highlights including a cottage by the railway line inWymondhamand a farmhouse set in nearly an acre at Besthorpe, both in need of renovation and selling for well in excess of the reserves. Readerswill remember that 43 – 43aNewmarket Road, Norwichwas the icing on the cake at that auction, selling for a figure in excess of £250,000 over the reserve. Our July auction sawsome £2.25Mworth of property sold under the hammer, with notable results including the sale of awell-known hardware store inHarleston at a figure well in excess of the reserve, together with terraced houses inNorwichwhich soldwell too. Our September sale sawus realise some £2.7Mworth of propertywith garages and investment opportunities inHoveton, Holt, Barney andBinhamselling for well in excess of the reserve prices, together with an investment opportunity in Sheringham. Two notable sales in September included a property overlooking theNorth Sea inMarine Parade, Gorleston and then the sale of no. 1 Town Close Road on the prestigious Town Close Estate inNorwich selling for a figure in excess of the reserve at £700,000. Finally, our December sale saw£1Mworth of property soldwith success throughout the price ranges. We hope for similar success in 2019 and expect to be busy.

Brigg

Retford

Holt

Grantham

King’sLynn

Spalding Huntingdon

MeltonMowbray

Norwich

BuryStEdmunds

StNeots

Banbury

London

BROWN&CO BRANCHNETWORK

Guide prices are provided as an indication of each seller’sminimum expectation. They are not necessarily figures at which a propertywill sell andmay change at any time prior to the auction. Each propertywill be offered subject to a reserve price (a figure belowwhich the Auctioneer cannot sell the property during the auction) whichwill be set within the quoted guide range or nomore than 10%above a single figure guide. This reserve price is confidential. Prospective purchasers are advised to check with the Auctioneers regarding any amendments. Neither the client nor Brown&Cowill be liable for any loss or expense incurred by prospective buyers as a result of guides/reserves being increased prior to the sale. Please be aware that filmingmay be taking place during the auction. An administration charge of £540 (£450 plus VAT) is payable in addition to the deposit at the auction. Other feesmay be payable on completion and will be detailed in the special conditions of salewithin the legal pack. IMPORTANT INFORMATION

WORKINGWITHAGENTS ACROSS THEREGION

Brown&Co has a spread of offices across East Anglia and the East Midlands and in order tomaximise the opportunities available and tomake our auction business as significant as it is, we are continuing to spread the service across our offices andwe have nowestablished auction centres in Spalding, Retford andBrigg, and equallyworkwith some of the region’s leading estate agents. The benefit is quite simple: we offer unrivalled auction coverage across the region and a co-ordinated pro-active approach to selling property.

Contact your local Auction team on: T: 01603 629871 E: norwich@brown-co.com W: brown-co.com