An estate agency has calculated precisely how much residential property has been sold so far this year, fuelled by the stamp duty holiday.
Some £68.8 billion has been transacted so far in 2021, according to Keller Williams UK.
The top 10 is dominated by London, with the NW3 postcode – covering fashionable and high-priced Camden and Barnet – topping the list when looking at the total value of homes sold. An estimated £262.5m worth of property has been sold in just this single postcode since January 1.
The SW19 (£248.8m), SW11 (£235m) and SW18 (£228m) postcodes also made the top 10, as did the W8 (£226m), W11 (£212.4m), SW6 (£212m), E17 (£202m) and NW11 (£198m) postcodes.
The BN3 postcode of Brighton and Hove has seen £206m 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.
Brighton also accounted for the second most valuable non-London postcode – BN3 – with a total value of £179m.
Brighton’s BN2 postcode also made the list (£157m), along with the SL6 postcode in Maidenhead (£169.7m), the Dorset postcode of BN2 (£157m), SO41 in the New Forest (£125.9m), the Manchester postcode of WA15 (£120.7m), Southend’s SS9 postcode (£118.5m), BA2 in Bath (£117.1m) and Horsham’s RH12 postcode (£112.3m).
Ben Taylor, chief executive of Keller Williams UK, says: “Despite 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.”
https://www.estateagenttoday.co.uk/breaking-news/2021/8/revealed–how-much-stamp-duty-holiday-property-has-sold-in-2021?source=newsticker
