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According to property website Rightmove, the average asking price of a UK home coming to the market has dropped since the middle of last month, with the uncertainty surrounding Brexit adding to the usual summer slowdown.

The figures, which straddle the period between 12 June and 9 July and cover homes coming to the market across England and Wales, have revealed that asking prices dropped by 0.9 per cent to a UK average of £307,824. The fall represents a drop of £2,647 on the previous four weeks.

Miles Shipside, Rightmove’s director, told The Guardian newspaper that the fall in asking prices was “within the range that we have seen at this time of year since 2010”.

“With the onset of the summer holiday season, new sellers typically price more conservatively and the average drop in the month of July is 0.4 per cent over the last six years. Perhaps unsurprisingly, this July’s fall is marginally larger, as political turbulence has a track record of unsettling sentiment,” added Mr Shipside.

The figures also showed falls across all parts of England and Wales, with the largest decrease in Yorkshire and the Humber, where asking prices sat at an average of £174,614, which was 2.1 per cent less than the previous month. The smallest fall was seen in the East Midlands, with the average asking price dropping by just 0.2 per cent to £197,705.