March... [Pounds]3.2m May... [Pounds]2.25m Today... [Pounds]1.9m ; How the Property Slump has Knocked 40% Off the Asking Price of This Home in 4 Months

Summary

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A FAMILY home has had its asking price slashed by 40 per cent in what is believed to be the capital's steepest property reduction.

The six-bedroom Victorian house in sought-after Bedford Park, west London, went on the market in early March for [pounds]3.2 million.

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Extract

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March... [Pounds]3.2m May... [Pounds]2.25m Today... [Pounds]1.9m ; How the Property Slump has Knocked 40% Off the Asking Price of This Home in 4 Months

Since then, the collapse in interest from buyers has forced the sellers to cut the price, first to [pounds]2.6 m...

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