Initial price	£280,000
18/11/25	£220,000
Price Change	-21.43%

The guide price listed is an indication of the minimum price the vendor is willing to sell the property for, which is subject to change during the marketing period. The reserve price, which is the minimum price the auctioneer is authorized to sell the property for, is typically within 10% of the guide price if it's a single figure or within the upper range of the price range given. The guide price is not necessarily what the auctioneer expects the property to sell for, but rather a guideline for potential buyers.