Compton Avenue - Over £3.5m drop

Newly listed properties on Rightmove may have price tags 10% higher than last month, but it's the previously listed properties which show that the boom may not be all it appears to be.

http://www.rightmove.co.uk/property-for-sale/property-41489648.html

The Close, Totteridge

http://www.rightmove.co.uk/property-for-sale/property-36662101.html

Westmoreland Terrace

Another victim of the £2m stamp duty threshold?

http://www.rightmove.co.uk/property-for-sale/property-40596893.html

Sulivan Road, SW6

£750k down after only 2 months on the market.

http://www.rightmove.co.uk/property-for-sale/property-39154177.html

BTL Closing Down Sale - Complete Carnage in North London

Property Spotter previously featured this example of what happens when BTL goes wrong.

Today the story gets even worse with a further desperate bid to offload the portfolio at a 65% discount from the original asking price.  That's got to hurt...

http://www.rightmove.co.uk/commercial-property-for-sale/property-25406985.html

Bed showroom update (Another million pound drop)

As previously featured on Property Spotter, this holy bed showroom has since joined the million pound drop club.
http://propertyspotter.blogspot.com/2013/06/a-bed-showroom-for-how-much.html

http://www.rightmove.co.uk/commercial-property-for-sale/property-39184924.html

Mayfair Mayday. £5.5m price crash.

There aren't many properties on the market that could slash £5.5m from the price and still look overpriced.   Is this a luxury canary in the prime London coal-mine?

http://www.rightmove.co.uk/property-for-sale/property-26111589.html

Imperial Whaf - £8 million pound drop

Clearly a penthouse in Fulham for over £30m was too much for the market to bear.  Now we'll see if the £20m threshold will be breached.

Look out below, in more ways than one.

http://www.rightmove.co.uk/property-for-sale/property-20911785.html

Holland Park

Opulent to the point of parody, but over a million pounds down from the original asking price.  Are the nouveau riche on their uppers?

http://www.rightmove.co.uk/property-for-sale/property-37451245.html

Porchester Gate

The heat wave has clearly induced a wave of optimism in Bayswater.  Can a £300k hike in the asking price be justified?

http://www.rightmove.co.uk/property-for-sale/property-41226257.html

Cadogan Place

A million pound discount clearly doesn't cut it these days.  Could £1.45m off the asking price and a bath under canvas tempt any readers to 'snap up' this house in Cadogan Place?

http://www.rightmove.co.uk/property-for-sale/property-26484342.html

Stormont Road, N6

Is there a correlation between over-filtered dusk photography and over-optimistic asking prices?  A one million pound drop on this one might provide a clue.

http://www.rightmove.co.uk/property-for-sale/property-41716163.html

Washington House (part 2)

Previously seen on Property Spotter, this vendor seemed to hesitate about cutting their asking price before finally being forced to make a £650k cut.  Now they seem to have capitulated even more:

http://www.rightmove.co.uk/property-for-sale/property-37325692.html

Onslow Square

A million pound drop in super prime Onslow Square.

Are the recent rises in bond yields putting the status of prime central London under threat?

http://www.rightmove.co.uk/property-for-sale/property-37877059.html

James Bond proves elusive

Previously Property Spotter reported on the hunt for a wannabe James Bond oligarch with £16.5m to spend on an underground lair in Kensington.  Today the vendors have shaved nearly £3m from the asking price.

http://www.rightmove.co.uk/property-for-sale/property-39346501.html

No demand for 'off market' property

It comes to something when even properties which are supposedly off market are plummeting in price.

http://www.rightmove.co.uk/property-for-sale/property-38452807.html

St Johns Hill Grove, Clapham Junction

This looks like a very attractive price until you realise that it's only half of the house pictured below.

http://www.rightmove.co.uk/property-for-sale/property-42098804.html

Bryanston Court

In the wake of Ben Bernanke's hints about ending Quantitative Easing, this apartment in Marylebone has had £400k wiped off its asking price.  A sign of things to come?

http://www.rightmove.co.uk/property-for-sale/property-38723617.html

Carlton Hill, St John's Wood

A hefty discount of over half a million pounds on this semi in St John's Wood

http://www.rightmove.co.uk/property-for-sale/property-26342913.html

Although in 'prime' St John's Wood, the house is only a stone's throw away from the notorious Rowley Way estate where architectural curiosities like this greet you:

Duns Tew Road, Middle Barton, Chipping Norton

The 'Chipping Norton set' has entered the lexicon thanks to the cluster of movers and shakers who spend their weekends in the Cotswold village.  Joining them might cost less than you thought.

This house with equestrian facilities was initially on the market for £2.75m but has had its price slashed by nearly 30% to £2m.  There aren't many properties on the market that can offer the chance to lend a horse to the Prime Minister.

http://www.rightmove.co.uk/property-for-sale/property-25862094.html