How To Set The Right Asking Price For A Property

How can I set the right asking price?

Do some local research. Find out. These days, if you go to the Land Registry website, landreg.gov.uk, you can find out for a nominal sum, if not free, what's been happening to property prices in your local area. There's plenty of other such websites: ourhouseprice.com, nethouseprices.com. There are plenty of places you can go to find out what's been happening to property prices, to find out for yourself.