Price reductions in 50 key British cities/towns

Rank Location % of Listings with
Price Reductions
Avg. Price
Reduction (%)
Avg. Price
Reduction (£)
1 Stockport 47.80% -7.33% -£15,737
2 Huddersfield 46.26% -7.95% -£12,910
3 Chesterfield 45.83% -6.91% -£10,657
4 Doncaster 45.02% -7.91% -£13,313
5 Wigan 45.01% -7.56% -£10,617
6 Norwich 44.68% -6.59% -£15,164
7 Derby 44.67% -6.77% -£11,643
8 Ipswich 44.66% -6.98% -£13,077
9 Bradford 44.02% -7.47% -£11,548
10 Lincoln 43.98% -6.59% -£12,836
11 Rotherham 43.79% -8.11% -£12,002
12 Barnsley 43.43% -7.44% -£10,120
13 Wolverhampton 43.26% -7.15% -£10,453
14 Leeds 43.14% -6.40% -£11,899
15 Plymouth 42.99% -6.20% -£11,068
16 Maidstone 42.62% -7.84% -£17,960
17 Coventry 42.45% -7.48% -£12,374
18 Wakefield 42.39% -7.42% -£13,277
19 Poole 42.38% -6.60% -£25,139
20 Northampton 41.91% -6.09% -£11,547
21 Birmingham 41.90% -7.32% -£11,853
22 Chelmsford 41.60% -5.55% -£17,754
23 Warrington 41.57% -7.75% -£15,671
24 Sheffield 41.56% -7.00% -£12,235
25 Preston 41.30% -7.36% -£16,030
26 Ashford 41.27% -7.85% -£19,381
27 Luton 40.81% -5.92% -£11,894
28 Brighton 40.52% -6.92% -£24,871
29 Southampton 40.49% -6.38% -£14,945
30 Bournemouth 40.45% -6.80% -£16,045
31 Swindon 40.36% -5.72% -£11,547
32 Leicester 40.28% -6.79% -£12,927
33 Nottingham 40.08% -7.25% -£11,787
34 Stoke-on-Trent 39.71% -7.13% -£10,286
35 Colchester 39.71% -7.30% -£18,081
36 Cardiff 39.57% -6.13% -£16,208
37 Newcastle-upon-Tyne 39.56% -8.18% -£21,090
38 Oxford 39.46% -6.33% -£22,576
39 Liverpool 39.45% -8.12% -£13,285
40 Glasgow 39.11% -8.24% -£11,255
41 Manchester 38.07% -7.74% -£12,543
42 Bedford 37.74% -5.89% -£15,151
43 Croydon 37.21% -5.58% -£13,496
44 Hull 37.20% -7.50% -£8,642
45 Milton Keynes 36.04% -7.33% -£14,840
46 Bristol 35.99% -6.32% -£14,570
47 Peterborough 35.96% -6.95% -£12,359
48 York 35.71% -5.92% -£16,505
49 Bolton 35.21% -8.59% -£12,418
50 London 32.39% -6.29% -£37,159

Source: Zoopla.co.uk (as at August 1st 2011)

Methodology

  • Price reductions based on all properties listed for sale as at 1st August 2011
  • Includes all price reductions since the property was first listed for sale on Zoopla.co.uk
  • The Top 50 are taken from the key cities/towns across Britain based on the number of properties listed for sale