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 |
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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