David and Victoria Beckham are auctioning off some of their belongings.

The A-list couple plan to sell some of their most prized possessions in a charity auction held at their 12-acre estate in Hertfordshire - known as 'Beckingham Palace' - before downsizing for a plush London pad.

A source told the Daily Mirror newspaper: ''After deciding to sell Beckingham Palace, David and Victoria realised there was no way they could fit all their belongings into one, smaller pad.

''They have shipped a few treasured items to California and given some things to their families but there is still loads left. Victoria had the brilliant idea to sell it off for charity and now wants to host a massive auction at 'Beckingham Palace'.

''The house has been the scene of many fund-raising dos - the World Cup party, her 'full length & fabulous' ball, children's tea parties and so forth - so why not host a farewell auction there too? There will be some amazing stuff for sale so she hopes to raise thousands.''

The retired soccer star and the former Spice Girl are selling off kitchen items, household appliances, designer clothing and their world-famous gold wedding thrones, which took pride of place during their 1999 wedding ceremony.

Dozens of items have already been shipped to their new £45 million four-storey London townhouse after they signed the contract last Friday (11.10.13). Design pro Kelly Hoppen has given the posh pad a makeover ahead of their move in date.