The number of UK districts where average property prices exceed £1m has climbed to 21 after four new areas joined the Golden Postcode Club last year.

The majority of the UK’s most expensive postcodes are in London, with East Sheen in south-west London and Chiswick in west London now joining the exclusive club that also includes Guildford and Cobham in Surrey.

The Golden Postcode Club makes up just 0.8% of the UK's 2,760 postcodes, according to data collected by property portal Zoopla, which also shows the number of areas where houses are now worth over £500,000 has jumped almost 25%.  UK house prices rose by an average of £16,000 – or 8.5% – in 2014, according to mortgage lender Halifax.

For more information click on the link below:  

Daily Mail

 

About the author

Nicolas Holmes

Nick joined Robert Holmes to inject fresh ideas and help grow the New Homes department of Robert Holmes as well as helping to inject technology into the business and to grow its client base. Together with one of the Directors Nick is in charge of all Development opportunities that Robert Holmes deals with along with sales. Aged 40, he provides succession together with the two existing directors. Nick has always been focused on building client relationships and sales. He built up his own gallery in Chelsea, where he had a loyal following of customers and artists.

Related articles