Home Breaking News Over 200 Essex residents could be millionaires without even knowing it

Over 200 Essex residents could be millionaires without even knowing it

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People are missing out on potentially life-changing sums of money from hundreds of unclaimed estates in Essex.

New research has revealed that Essex has one of the highest proportions of unclaimed estates in the UK – with 238 left across the county.

In the UK as a whole, Investing Reviews found over £77m worth of inheritance still left unclaimed, with a significant amount in Essex.

Read more: Property news and information in Essex

In total, 7,090 estates remain unclaimed according to the Office for National Statistics, with the median amount of inheritance at £11,000.

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The data looks at unclaimed estates left by people who died since 2000, providing a snapshot into the huge volume of estates never claimed.

Left unclaimed, thousands of people are missing out on potentially life-changing sums of money they are in line to inherit.

The research also shows that people with the surname Smith are most likely to be sitting on an unclaimed fortune with 129 estates in their name.

Smith was closely followed by Jones and Taylor, with 86 and 54 respectively.

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The area with the most unclaimed estates is Greater London, so Essex residents who may have lived in London in the past two decades should take note.

To see if you’re one of the lucky few, click here.

The ten areas with the most unclaimed estates (number of unclaimed estates in brackets)

  1. Greater London – 2,355
  2. Surrey – 362
  3. West Midlands – 348
  4. West Yorkshire – 337
  5. Kent – 240
  6. Essex – 238
  7. East Sussex – 190
  8. Hampshire – 186
  9. Hertfordshire – 167
  10. Devon – 114

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https://www.essexlive.news/news/essex-news/over-200-essex-residents-could-6307468