Commercial Property

BidX1 sells €45 million worth of property at September auctions

The online auction firm recorded an additional €54 million in under-bidder liquidity

No 63 Haddington Road in Ballsbridge, Dublin 4: sold for €887,000 from a guide price of €850,000 following a bidding war

Autumn property sales returned with a bang last month and while the traditional conveyancing/transaction and listing process may be slower to reveal market sentiment, online property auctions offer a transparent, real-time snapshot of deals being done.

A case in point is BidX1, which last week released its sales figures for September, a month which saw the online auction specialists sell more than €45 million-worth of residential and commercial property.

Notably, the company recorded an additional ...