Newport criminal goods auction raises £150,000

This Ferrari 360 Modena was seized in Malta in relation to drug trafficking offences

Dozens of items seized from convicted criminals, including a Ferrari and a house in France, have been sold for a total of £150,000 at an auction.

The luxury goods, worth more than £2.3m, were sold with no reserve at Wilsons Auctions in Newport.

The highest selling items were a house in Grimsby, which raised £34,000 and a Ferrari 360 Modena, linked to drug offences in Malta, which made £33,000.

Aidan Larkin, of Wilsons Auctions, said the goods had "a new lease of life".

This Rolex - worth almost £30,000 - sold for £20,000 at auction

The auction took place in Newport on 14 August, with an online auction finishing on Tuesday.

Alongside the house and the Ferrari, other high-selling items were a rose gold Rolex Daytona, which sold for £20,000 in the online auction and a French property called La Limousiniere in La Chataigneraie, which met its guide price of £20,000.

Highest selling items

• Ferrari 360 Modena - £34,000

• 11 Ludford Street, Grimsby - £34,000

• 18ct rose gold Rolex Daytona - £20,000

• La Limousiniere, France - £20,000

• 14ct white gold diamond solitaire ring - £1,800

• Christian Louboutin trainers - £1,075

Several pairs of shoes, worth hundreds of pounds each, were sold at the auction

Many of the items sold were seized by Gloucestershire Constabulary, which will receive £33,000 from the auction.

Aidan Larkin, asset recovery director for Wilsons Auctions, said: "This is a great result which allows us to give these criminal's seized assets a new lease of life.

"The interesting back story captured the attention of the media which resulted in worldwide coverage and registrations from worldwide bidders."