Insights & advice

Reductions in asking prices for homes at a two-year low

House Prices Reduced At A Two Year Low | Middletons Solicitors | Andover Solicitors 

The number of homes for sale which have had their prices reduced from the original valuation is at a two-year low, according to the property website, Zoopla.

Its research shows that 32.8% of properties on sale in November had seen a price reduction since first being put on the market. That was down from 40.4% in November 2011.

Lawrence Hall, a spokesman for Zoopla, said: “The proportion of properties that have seen their price reduced and the average amount of the discount provides good insight into the strength of the local market.

“With the proportion of discounted properties nationally at a two-year low, this would indicate that sellers are feeling more confident than they have for some time.”

Meanwhile, the property analyst company Hometrack, reported a 0.1% fall in house prices in October. It said this was mainly due to sellers negotiating to attract buyers rather than a significant fall in demand.

Its research revealed that agreed sales across the country rose by 9.2% in October. That’s the strongest uplift since last Spring.

Please contact Ingrid Hindle or Jo Ayrton in our Warminster office on 01985 214444 or Sandra Smith in our Westbury office  if you would like more information about buying or selling a home. Or email


We provide client focussed legal advice and assistance.

Our solicitors strive to deliver the best advice and assistance and an outstanding customer experience.

We serve our customers right the way across Wiltshire and Hampshire with offices in Warminster, Amesbury and Stockbridge.

Enquire about our services today.

Just a short note to once again express my sincere thanks to you, Sue and the M&U team, for all your help, cooperation and first class professional support. I am most grateful to you all.

Chris Stephenson, Warminster

Middletons Solicitors uses cookies to ensure that we give you the best experience on our website. If you continue we assume that you consent to receive all cookies on this website.