10. Windsor, Berkshire
For the past six months the UK property market has been hit with a hammer-blow from all sides politically and financially, with the result that house values have nose-dived. We examine the statistics and look at the reasons why some towns have fared so badly.
Windsor
Homeowners in Windsor have seen a marked drop in property values since last September with average house prices in the town down by £80,025.
Once one of the most sought-after areas to live in the UK, even towns with royal connections are not immune from the effects of the recession.
According to local agents, one of the main reasons is that during the boom years, Windsor enjoyed much larger than average price rises and this is simply a levelling out to more realistic pricing.
Average asking price:
Sept 2008, £379,975
March 2009, £299,950 Fall: 21.1%
