Nation’s most valuable property postcodes revealed

February 5, 2020

The latest research from estate agent comparison site, GetAgent.co.uk, has looked at which postcodes across the nation are the most valuable when it comes to the average price paid by UK homebuyers in the last year.

GetAgent.co.uk compiled data from Land Registry property transactions over the last year, breaking each sale down to postcode level to see which two to four digits had the highest property pedigree.

London

Of course, the capital tops the list and in fact, the top 22 most valuable postcodes are all located in London across the boroughs of Kensington and Chelsea and Westminster.

The cream of the crop is W1J, where property sold prices averaged a respectable £7.6m over the last year. SW1A follows with an average sold price of £5.5m, with W1S (£4.3m), W1K (£4.1m) and SW1X (£4m) also amongst the most prestigious.

Outside of London

While the capital dominates there are postcode pockets outside of London where the average sold price is £1m plus. GU25 in Surrey is the most expensive property postcode (just) outside of the M25. Property sold prices in the area averaged £1.5m last year placing it in the mix with the capital’s big hitters.

You’d be forgiven for thinking this exclusive property price club is restricted to the South, but you would be mistaken. Manchester’s M2 postcode flies the flag for the North, with an average sold price of £1.3m.

Buckinghamshire’s HP9 is the only other postcode where sold prices have averaged over £1m in the last year at £1,089,664.

At the other end of the scale, Stockton’s TS2 ranks as the most affordable postcode with an average sold price of just 34,000, with 40 other postcodes also seeing the average property price come in under the £100k mark.

Founder and CEO of GetAgent.co.uk, Colby Short, commented:

“Apparently there’s been a Brexit inspired market slowdown? Although someone clearly forgot to inform homebuyers in these pricey postcodes, with the average selling price remaining at a very healthy level indeed.

When it comes to the prices being paid for the property in these postcodes it boils down to two things. Prestige and supply. Well to do homebuyers want the prestige of living in one of these well-renowned postcodes but unfortunately, there’s only a finite supply of homes available within them.

Therefore when one does hit the market, not only does it hold its value pretty much regardless of wider market conditions, but the chances of two or more buyers running the price up in a bidding war are also high.

Who would have thought four little letters could have such an impact on property prices?”

Top 20 Postcodes with the Highest Average Sold Price in London
Postcode
Average of Sold Price
Town or Borough
County
W1J
£7,638,455.88
CITY OF WESTMINSTER
GREATER LONDON
SW1A
£5,537,000.00
CITY OF WESTMINSTER
GREATER LONDON
W1S
£4,340,004.33
CITY OF WESTMINSTER
GREATER LONDON
W1K
£4,172,888.89
CITY OF WESTMINSTER
GREATER LONDON
SW1X
£3,988,805.88
KENSINGTON AND CHELSEA
GREATER LONDON
W8
£3,116,885.02
KENSINGTON AND CHELSEA
GREATER LONDON
W1B
£2,777,623.00
CITY OF WESTMINSTER
GREATER LONDON
WC2E
£2,692,534.09
CITY OF WESTMINSTER
GREATER LONDON
SW3
£2,580,763.56
KENSINGTON AND CHELSEA
GREATER LONDON
SW1W
£2,522,484.10
CITY OF WESTMINSTER
GREATER LONDON
W1U
£2,323,253.52
CITY OF WESTMINSTER
GREATER LONDON
W1G
£2,301,256.00
CITY OF WESTMINSTER
GREATER LONDON
SW7
£2,181,610.54
KENSINGTON AND CHELSEA
GREATER LONDON
W11
£2,066,385.40
KENSINGTON AND CHELSEA
GREATER LONDON
W1W
£2,032,254.68
CITY OF WESTMINSTER
GREATER LONDON
EC3R
£1,827,058.58
CITY OF LONDON
GREATER LONDON
WC2R
£1,725,000.00
CITY OF WESTMINSTER
GREATER LONDON
WC2N
£1,713,562.50
CITY OF WESTMINSTER
GREATER LONDON
SW10
£1,710,795.47
KENSINGTON AND CHELSEA
GREATER LONDON
WC2A
£1,689,578.81
CITY OF WESTMINSTER
GREATER LONDON
Top 20 Postcodes with the Highest Average Sold Price Outside of London
Postcode
Average of Sold Price
Town or Borough
County
GU25
£1,530,666.83
RUNNYMEDE
SURREY
M2
£1,351,500.00
MANCHESTER
GREATER MANCHESTER
KT11
£1,092,399.55
ELMBRIDGE
SURREY
HP9
£1,089,663.74
SOUTH BUCKS
BUCKINGHAMSHIRE
HP8
£979,032.19
CHILTERN
BUCKINGHAMSHIRE
KT10
£938,851.25
ELMBRIDGE
SURREY
WD7
£917,783.19
HERTSMERE
HERTFORDSHIRE
SL5
£855,915.31
WINDSOR AND MAIDENHEAD
WINDSOR AND MAIDENHEAD
KT24
£841,489.71
GUILDFORD
SURREY
SG10
£827,789.47
EAST HERTFORDSHIRE
HERTFORDSHIRE
KT13
£801,932.26
ELMBRIDGE
SURREY
SL9
£790,680.00
CHILTERN
BUCKINGHAMSHIRE
AL5
£786,594.92
ST ALBANS
HERTFORDSHIRE
RG9
£757,063.61
SOUTH OXFORDSHIRE
OXFORDSHIRE
KT7
£755,032.45
ELMBRIDGE
SURREY
TQ8
£743,703.62
SOUTH HAMS
DEVON
BH13
£734,121.00
BOURNEMOUTH
DORSET
SO42
£708,022.22
NEW FOREST
HAMPSHIRE
TN13
£698,345.20
SEVENOAKS
KENT

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Breaking News

Homebuyers face longer buying timelines

The latest research from Lyons Bowe suggests the homebuying process could become even slower in 2026: as the number of conveyancers operating across the UK is thought to have fallen by almost -13% while transaction volumes rise, placing further pressure on completion timelines. Lyons Bowe has analysed data on the number of active conveyancers in…
Read More →
Breaking News

Breaking Property News 1/4/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Winning the AI Era: A Playbook for UK Estate Agencies The AI-Driven Rewiring of UK Estate Agency Thought Leadership by Andrew Stanton CEO Proptech-PR Real estate has historically been conservative, fragmented, and inefficient. A surge of startups, is introducing automation, data-driven decision-making, and better customer experiences. This…
Read More →
Breaking News

What renters and landlords need to know ahead of major rental law changes

With just one month to go until the first phase of the Renters’ Rights Act comes into force, the leading professional body, Propertymark, is urging renters and landlords across England to understand how the changes could affect them. From 1 May 2026, the legislation will introduce some of the biggest changes to the private rented…
Read More →
Estate Agent Talk

Tackling Empty Properties

A UK Perspective on Best Practice and Recommendations for Reform Propertymark, the UK’s leading professional body for property agents, has today published a comprehensive new position paper highlighting the urgent need for coordinated, practical and properly resourced action to bring long-term empty properties back into use. With over 359,000 homes sitting empty for more than…
Read More →
Breaking News

Pet-friendly rentals plunge 39%

New research from Inventory Base reveals that the number of pet-friendly rental homes in England has fallen by -39% since the start of 2026, as landlords appear to be reducing the number of homes openly marketed as allowing pets ahead of the Renters’ Rights Act taking effect from 1st May. The Renters’ Rights Act (RRA)…
Read More →
Breaking News

Latest Nationwide house price data showing a 2.2% increase

Industry reaction to Nationwide house price data showing UK annual house price growth picked up to 2.2% in March, from 1.0% in February. Nathan Emerson, CEO of Propertymark, comments: “An uplift in house prices will be welcomed by the market and suggests that buyer demand remains resilient despite ongoing economic headwinds. Improved sentiment, coupled with…
Read More →