Horsham home sellers knock off an average of £10,606 from their asking price

Homeowners selling their properties in Horsham have been reducing their asking prices by an average of £10,606 over the past year.

Friday, 13th August 2021, 4:45 pm

That’s according to ‘We Buy Any House’ firm Property Solvers which has looked at sales prices in various postcode areas.

They say it means a cut of 2.06 per cent on average in the RH13 area of Horsham.

Property Solvers spokesman Ruban Selvanayagam said: “Despite what has been a very active market, homebuyers are still, by and large, able to negotiate down on prices.

House sellers are knocking off thousands from their asking prices

“There is also wider evidence of surveyors down valuing properties that are misaligned with the realities. This means that properties end up selling for lower than the original estate agent price estimation.

“It’s relative of course, a more expensive property is likely to see a wider price difference. Nonetheless, when buying, it’s worth checking how much prices are being reduced in your area.”

He added: “For sellers, before listing, we always suggest looking at the widely available free data from HM Land Registry which tracks the prices properties are sold for and not what they are advertised for.”