I want to see if this can become a bloodbath thread as we watch some prices get slashed in Ipswich. So to start:

Elm Street

2 Bed
Reduced from £131,500 to £119,995
http://www.rightmove.co.uk/viewdetails-164...30&tr_t=buy

1 Bed
Reduced from £121,000 to £112,500
http://www.rightmove.co.uk/viewdetails-164...22&tr_t=buy

Spencers Court

2 Bed
Reduced from £124,995 to £119,995
http://www.rightmove.co.uk/viewdetails-192...30&tr_t=buy

Mariner's Court

1 Bed
No reductions but £500 towards legal fees and £5000 towards furniture
http://www.rightmove.co.uk/viewdetails-999...25&tr_t=buy

Churchmans House

1 Bed
Reduced from £138,646 to £114,950 (not a typo)
http://www.rightmove.co.uk/viewdetails-841...24&tr_t=buy

Just the title "bloodbath thread" wins it for me!

I'm pretty sure the price slashing is well under way now...
Are you running property bee to get the reductions? If so, how well/quickly are things moving?

Very good!

Been running Property Bee for a month now. Rather gutted that I didn't put it in sooner. It's not just good at telling you which prices are dropping but how long some properties have been on the market.

Modus, Duke Street

2 Bedroom Shared Ownership
120,000 to 108,000 AND 5% deposit paid
http://www.rightmove.co.uk/viewdetails-848...14&tr_t=buy

1 Bedroom Shared Ownership
103,000 to 95,000 AND 5% deposit paid
http://www.rightmove.co.uk/viewdetails-905...16&tr_t=buy

2 Bedroom Shared Ownership (50%)
60,000 to 55,000 AND 5% deposit paid
http://www.rightmove.co.uk/viewdetails-848...16&tr_t=buy

(That's just a sample of this particular open wound)

Elm Street (again)

1 Bedroom
£110,500' to £99,995 (BUT Losing 5% deposit paid)
http://www.rightmove.co.uk/viewdetails-999...15&tr_t=buy

For the sake of completeness I've also found a couple of increases:

Regatta Quay
1 Bed Flat
139,000 to 159,000
http://www.rightmove.co.uk/viewdetails-199...=5&tr_t=buy

Pownall Road
1 Bed Retirement Flat
£122,000 to £124,995
http://www.rightmove.co.uk/viewdetails-164...11&tr_t=buy