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Essex house prices: Southend postcode named one of the most valuable for house sale prices outside of London

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An Essex postcode has been ranked as one of the most valuable for house sale prices outside of London.

Research from a national estate agent, 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 £68.8bn in value.

Within the research, they showed the top postcodes for the highest value of property sold so far in 2021 across England and Wales – with £68.8 billion worth of properties sold so far this year.

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As most people would expect, throughout the UK the top 10 most valuable property postcodes were inside London, but taking the capital out of the picture, one Essex postcode also makes the list.

Southend’s SS9 postcode, which covers the Leigh-on-Sea area in Southend-on-sea, has been ranked as the eighth-most valuable property postcode.

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Elsewhere in the list, Brighton and Hove’s BN3 postcode ranked eighth across the whole of the UK, including London, but ranked first for properties outside of the capital.

Two other Brighton and Hove postcodes also made the list.

Meanwhile, Windsor and Maidenhead, Bournemouth, Christchurch and Poole, New Forest, Manchester, Bath and Horsham postcodes also made the top ten outside of London.

CEO of Keller Williams UK, Ben Taylor, said: “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.”

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https://www.essexlive.news/news/property/essex-house-prices-southend-postcode-5739577