Mid Sussex home sellers knock off up to £25,064 from their asking price

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 4.01 per cent per cent on average in the RH17 area of Haywards Heath.

In the RH16 area of Haywards Heath, sellers are knocking around £9,200 off their asking prices and in the RH15 area of Burgess Hill the average asking price is reduced by around £7,140.

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.

“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.”

See https://www.propertysolvers.co.uk/we-buy-any-house/#asking-to-sold-price-difference