UK postcode study identifies where buyers get the most space for their money

March 24, 2026

New analysis has revealed the best-value postcodes for buyers: One UK town offers FOUR times more space than the national average.

The study, compiled by the experts at Sell House Fast, analysed postcodes across England and Wales to identify where buyers get the most space for their money.

Where £100,000 buys the most space in the UK:

Rank

Postcode

Local authority

Average price

Average floor area (m²)

Average price per m²

Average m² per £100,000

1

DN32

North East Lincolnshire

£112,266

89.93

£1,275

78.4

2

NE17

Northumberland

£107,178

80.61

£1,377

72.6

3

LA18

Cumberland

£136,306

97.81

£1,398

71.5

4

NP13

Caerphilly

£117,533

86.99

£1,409

71.0

5

SR4

Sunderland

£123,017

85.19

£1,531

65.3

6

CA25

Cumberland

£158,386

106.77

£1,539

65.0

7

NE37

Sunderland

£125,608

81.06

£1,569

63.7

8

TS6

Redcar and Cleveland

£134,641

87.10

£1,575

63.5

9

DH5

County Durham

£142,005

90.87

£1,589

62.9

10

SA13

Neath Port Talbot

£153,073

99.28

£1,618

61.8

  1. DN32 (North East Lincolnshire), 78.4 m2 per £100,000

Located in Grimsby, this postcode offers the highest value for money, with 78.4 m² for every £100,000 spent, almost 50 m² more than the national average. With an average house price of just over £112,000 (the third lowest in the country), buyers are getting nearly four times the space compared to the national average.

  1. NE17 (Northumberland), 72.6 m2 per £100,000

 The NE17 postcode, covering villages like Chopwell and Blackhall Mill near Newcastle, offers great value at 72.6 m² per £100,000, more than double the UK average of 28.6 m². The average house price here is £107,178, making it the cheapest in this study.

  1. LA18 (Cumberland), 71.5 m2 per £100,000

West Cumbria’s LA18 postcode, centred on Millom, ranks third with 71.5 m² per £100,000. Despite this, the average house price is slightly higher at £136,000, placing it 12th in affordability.

Further findings:

  • Least space for money: Westminster’s W1 postcode offers just 2.5 m² per £100,000.

  • National average: Homes across the UK cost £4,558 per m² and average 99.98 m², meaning 28.6 m² of space per £100,000 spent.

  • Regional disparity: There is almost double (45.5%) the average square metreage per £100,000 in the North compared to the South.

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