Using figures from Property Solvers, we’ve calculated the towns and cities within Yorkshire where house prices are being reduced most.
We’ve taken the number of house price reductions recorded in May 2025 and divided it by the total number of sales agreed to work out the ratio of house price reductions to sales.
We’ve also looked at the streets in each area with the biggest house price reductions based on recent sales.
It should be noted that those figures are for individual properties so may not accurately reflect house prices as a whole on that street. A big reduction may simply indicate that the house was overpriced in the first place.
Below are the areas of Yorkshire with the lowest to highest ratios of house price reductions to sales agreed.
The higher the ratio, the more homes in that area are having their prices reduced as a proportion of total house sales.
The area with the most house price reductions as a proportion of total sales is listed last.
13. York - 257 homes reduced
In York, 257 properties had their price reduced during May 2025, according to Property Solvers. That was down from 292 in April 2025, but up from 48 in December 2024. The ratio of price reductions to sales agreed (238) in May 2025 was 1.08:1. The streets in York with the biggest house price reductions in recent months include Badgerwood Walk (YO10), where a house listed for £850,000 sold in January 2025 for £800,000, and Wellington Street (YO10), where a house listed for £155,000 sold in January 2025 for £120,833. | davidionut - stock.adobe.com Photo: davidionut - stock.adobe.com
14. Scarborough - 204 homes reduced
In Scarborough, 204 properties had their prices reduced in May 2025, according to Property Solvers. That was down from 208 in April 2025 but up from 90 in December 2024. The ratio of price reductions to sales agreed (142) in May 2025 was 1.44:1. The streets in Scarborough with the biggest house price reductions in recent months include Nanson Street (YO12), where a home listed for £235,000 sold in February 2025 for £215,000, and Wheatcroft Avenue (YO11), where a home listed for £425,000 sold in February 2025 for £407,000. | National World Photo: Tony Johnson