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5 | Table shows the average reduction for properties in Britain that have had their asking price reduced, and how the resulting price compares to non-reduced comparable properties in the same region. | |||||
6 | Location | Proportion % | Ave Price now - price reduced | Ave % reduced by | Ave Price - before reduction | |
7 | South East | 24% | £348,808 | 19.4% | £432,852 | |
8 | London | 14% | £686,407 | 19.0% | £847,226 | |
9 | North West | 10% | £168,715 | 20.1% | £211,182 | |
10 | East of England | 9% | £298,284 | 19.7% | £371,258 | |
11 | South West | 9% | £307,343 | 20.0% | £384,050 | |
12 | Yorkshire and the Humber | 8% | £146,341 | 20.2% | £183,275 | |
13 | West Midlands region | 6% | £207,286 | 20.4% | £260,303 | |
14 | East Midlands | 6% | £197,018 | 20.0% | £246,406 | |
15 | North East | 5% | £110,874 | 20.5% | £139,424 | |
16 | Wales | 5% | £177,870 | 20.2% | £222,975 | |
17 | Scotland | 2% | £119,122 | 20.1% | £149,146 | |
18 | Great Britain | 100.0% | £305,353 | 19.8% | £380,637 | |
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