Sienna Miller hit by slump

Hollywood actress Sienna Miller has become the latest victim of the slump in the property market. She had to drop 300,000 pounds off the asking price of her home here after it failed to sell for five months.

Hollywood actress Sienna Miller has become the latest victim of the slump in the property market. She had to drop 300,000 pounds off the asking price of her home here after it failed to sell for five months.

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Her house in Paddington was up for sale at 1.295 million pounds in January, but now Miller has been forced to sell it at a much lower price of 995,000 pounds, reported dailymail.co.uk.

The 27-year-old is taking a financial hit in excess of 200,000 pounds even if she finds a buyer at the new price. She purchased the "bachelorette pad" for 1.2 million pounds at the peak of the property boom in 2007.