Research from the national estate agent, Keller Williams UK, has found that Brighton is home to the nationโs most valuable property postcode so far in 2021, outside of London, of course.
Keller Williams UK analysed sold prices across the market in England and Wales since the start of the year and found that so far, a stamp duty holiday fuelled market has seen residential property sales hit ยฃ68.8bn in value.
The top 10 is predictably dominated by London, with the NW3 postcode, covering parts of Camden and Barnet, topping the table where total value of homes sold is concerned. ยฃ262.5m worth of property has been sold in this one postcode alone since the start of the year.
The SW19 (ยฃ248.8m), SW11 (ยฃ235m) and SW18 (ยฃ228m) postcodes also make the top 10, as do the W8 (ยฃ226m), W11 (ยฃ212.4m), SW6 (ยฃ212m), E17 (ยฃ202m) and NW11 (ยฃ198m) postcodes.
However, there is one postcode that makes the top 10 that isnโt located within the M25. The BN3 postcode of Brighton and Hove has seen ยฃ206m worth of homes sold since the start of the year, making it the eighth-most valuable property postcode across England and Wales and the most valuable outside of London.
Taking London out of the picture, Brighton also accounts for the second most valuable postcode, BN3, with a total value of ยฃ179.1m in homes sold.
Brightonโs BN2 postcode also makes the list (ยฃ157m), along with the SL6 postcode in Maidenhead (ยฃ169.7m), the Dorset postcode of BN2 (ยฃ157m), SO41 in the New Forest (ยฃ125.9m), the Manchester postcode of WA15 (ยฃ120.7m), Southendโs SS9 postcode (ยฃ118.5m), BA2 in Bath (ยฃ117.1m) and Horshamโs RH12 postcode (ยฃ112.3m).
The Uk Property Market Is Far From A One-Trick Pony
CEO of Keller Williams UK, Ben Taylor, commented:
โDespite London seeing a somewhat lethargic performance in terms of property price growth over the last year, it remains home to the majority of the top postcodes in terms of the highest value of homes sold so far this year.
However, while the capital continues to dominate the headlines, the UK property market is far from a one-trick pony. When looking outside of the M25 there is a range of areas performing very strongly spanning the length and breadth of the UK and it will be interesting to see which postcodes remain the most valuable come the end of the year.โ
Table shows the top postcodes for the highest value of property sold so far in 2021 across England and Wales (Inc London)
Postcode district | Location | Total value |
NW3 | Camden / Barnet | ยฃ262,487,046 |
SW19 | Merton / Wandsworth | ยฃ248,800,270 |
SW11 | Wandsworth / Lambeth | ยฃ234,858,700 |
SW18 | Wandsworth | ยฃ227,625,878 |
W8 | Kensington and Chelsea | ยฃ225,963,338 |
W11 | Kensington and Chelsea / Westminster / Hammersmith and Fulham | ยฃ212,426,624 |
SW6 | Hammersmith and Fulham | ยฃ212,004,240 |
BN3 | Brighton and Hove | ยฃ206,087,089 |
E17 | Waltham Forest | ยฃ201,193,176 |
NW11 | Barnet | ยฃ197,670,500 |
England and Wales | ยฃ68,848,011,189 |
Data sourced from the Land Registry Price Paid records – Jan 2021 to May 2021 (latest available)
Table shows the top postcodes for the highest value of property sold so far in 2021 across England and Wales (Exc London)
Postcode district | Location | Total value |
BN3 | Brighton and Hove | ยฃ206,087,089 |
BN1 | Brighton and Hove / Lewes | ยฃ179,128,540 |
SL6 | Windsor and Maidenhead / Buckinghamshire | ยฃ169,665,888 |
BN2 | Brighton and Hove / Lewes | ยฃ156,968,190 |
BH23 | Bournemouth, Christchurch and Poole / New Forest | ยฃ145,957,708 |
SO41 | New Forest | ยฃ125,872,492 |
WA15 | Trafford / Manchester / Cheshire East | ยฃ120,660,020 |
SS9 | Southend-on-Sea | ยฃ118,503,085 |
BA2 | Bath and North East Somerset / Mendip / Wiltshire | ยฃ117,124,277 |
RH12 | Horsham | ยฃ112,316,147 |
England and Wales | ยฃ68,848,011,189 |
Data sourced from the Land Registry Price Paid records – Jan 2021 to May 2021 (latest available)
- Keller Williams are the largest real estate business in the world with 190,000 agents and having rapidly expanded in recent years to 50 countries – founded in Austin, Texas by Gary Keller, Executive Chairman
- Home sales via Keller Williams topped one million transactions last year
- Keller Williams UK operates from 12 regional market centres across the country comprising over 300 estate agents, adding substantial numbers of new agents each month
- Ben Taylor is the CEO of Keller Williams UK and a major shareholder in the region and many of its market centres. He is formerly the Managing Director of John D Wood, a Countrywide PLC brand