According to the Online Auction Index for Q3 by iamproperty, 2,530 properties were successfully sold online.
This marks a 31% year-on-year surge and a 7% increase on the previous quarter.
The capital value also climbed to a new high, exceeding a record £431m in the Q3 2023.
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This marks a 5% rise on the previous quarter and a notable 27% hike from the corresponding period last year.
August sales alone amounted to over £155m, setting a new record for iamproperty in terms of most capital value in a single month.
Jamie Cooke, co-founder of iamproperty, commented: “The summer saw a phenomenal few months for auction.
“I’ve no doubt that demand for auction will hold strong throughout Q4.”
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