Property in London sold for an average of 5 % under the asking price in the year to September 2013 , the data has indicated . Over the same period a year before the gap was 1.96 % . Read more: House prices grew at a steady rate in November The average property in England and Wales sold for 3.86 per cent under the asking price – 0.32 per cent less on the final sale value compared with the previous period. Across England and Wales properties sold for on average 4.86 % less than the asking price . The biggest gap between asking prices and sales prices was in 2013 , with the average property selling for 5.87 % below the asking price .
Property in London sold for an average of 5 % under the asking price in the year to September 2013 , the data has indicated . Over the same period a year before the gap was 1.96 % . Across England and Wales properties sold for on average 4.86 % less than the asking price . The biggest gap between asking prices and sales prices was in 2013 , with the average property selling for 5.87 % below the asking price .