Asking prices for homes in the West Midlands bucked the national trend and slipped more than 4 per cent compared to 2010, according to research.
Year on year, house prices have fallen by 4.1 per cent in the West Midlands and 4.2 per cent in the east of the region.
Slides of 2.5 per cent and 2.4 per cent have also been recorded in the North and Yorkshire and Humberside respectively while asking prices in London and the South East are now 2.2 per cent higher than they were a year ago, while in the South West they are up by 1.9 per cent.
Nationally, optimistic sellers increased their asking prices by 1.7 per cent in April but potential buyers continued to stay away from the market.
It was the fourth consecutive month during which new sellers have hiked their asking prices, leaving the average property on the market in England and Wales with a price tag of £235,822 - 6 per cent or £13,400 higher than at the end of last year, according to property website Rightmove.co.uk.
But the group warned that sellers’ optimism was misplaced, as a jump in homes on the market had not been matched by a rise in buyers who were able to go ahead with a purchase.