There was significant success even before the official sale began, as 18 lots had already sold prior to auction day. In total, 58 lots were sold to raise more than £10 million.

On the day, prices ranged from £15,000 for a small parcel of land in Belton, near Great Yarmouth, to £411,000 for a block of four self-contained residential flats in Norwich.

The standout lots of the auction were several character-filled cottages requiring modernisation.

Auction House East Anglia's first property auction of 2026 took place on February 11 (Image: Auction House East Anglia)

The period charm of Ottomer Cottage in Old Buckenham was one example that successfully captured bidders’ attention. Situated on The Green, overlooking the centre of the village, the quaint cottage had historic character and scope for a buyer to add further personality.

When the hammer went down, this distinctive property had reached a price of £264,500, comfortably within its guided price of £250,000-£275,000.

Located in the popular coastal town of Cromer, 109 Overstrand Road also exceeded expectations. This deceptively spacious mid-terrace cottage, constructed of brick and flint, attracted buyers looking for a profitable investment with potential to add value.

Spirited bidding pushed the final sale price to £279,000, well beyond the guide of £250,000.

109 Overstrand Road sold for £279,000, well beyond its guide of £250,000 (Image: Auction House East Anglia)

Rose Cottage in Dickleburgh’s original period features made it an eye-catching proposition too. Featuring exposed beams, ornate fireplaces and elegant sash windows, the auction presented buyers with an enticing opportunity to acquire a Grade II listed property on a generous plot.

In need of some improvement to help it realise its full potential, the hammer eventually went down at £257,000, well above its reserve price.

Rose Cottage in Dickleburgh’s original period features made it an eye-catching proposition and it sold for £257,000 (Image: Auction House East Anglia)

“We were pleased with the results of our first auction of 2026 and anticipate that this positive momentum will continue into our March auction, which already has a large number of lots entered,” said Robert Hurst, auction surveyor at Auction House East Anglia.

“Confidence in the market should continue to build as a consequence of the recent base rate hold. Certainty and predictability are key factors that support market confidence. The stronger the confidence, the more transactional activity we are likely to see, which should encourage buyers to actively seek out opportunities.”

The Auction House East Anglia team is inviting entries for its next livestream auction, taking place on Wednesday, March 25.

Sellers looking to take advantage of the market are encouraged to get in touch early to discuss their options.

For more information or to view available post-auction lots, visit auctionhouse.co.uk/eastanglia

© Eastern Daily Press