The UK’s leading estate agent comparison site GetAgent has revealed the UK’s priciest (and cheapest) postcodes to buy a property in, as part of their 2023 Sellers Report, which has analysed their own internal listings data to reveal the biggest trends for house-sellers in 2023.
Surrey postcode has the highest average asking price in the UK
Dominating the priciest postcodes, with an impressive asking price of £3.27 million, was Runnymede, Surrey – with a GU25 postcode. Runnymede was followed by PA70, a postcode from the Isle of Mull which offers picturesque homes nestled on an island in the Inner Hebrides, just off the west coast of Scotland. East Hertfordshire postcode SG10 which is located in Much Hadham, a village steeped in Roman history, followed in third position, with an average asking price of £2.6 million.
Two more Surrey postcodes also featured in the top 20, Surrey Heath’s GU20 postcode, and Waverley’s GU8 – both situated in the county that borders the nation’s capital, providing both impressive transport links into the city and access to the stunning countryside, including an Area of Outstanding Natural Beauty.
The Top 20 Most Expensive Postcodes in the UK
| Rank | Postcode | Town | Region | Average Asking Price |
| 1 | GU25 | Virginia Water | Runnymede | £3,278,055 |
| 2 | PA70 | Isle of Mull | Argyllshire | £2,697,500 |
| 3 | SG10 | Much Hadham | East Hertfordshire | £2,689,229 |
| 4 | SL8 | Bourne End | South Buckinghamshire | £2,376,742 |
| 5 | PA44 | Isle of Islay | Argyllshire | £1,826,429 |
| 6 | KT13 | Weybridge | Elmbridge | £1,809,080 |
| 7 | EH38 | North Middleton | Midlothian | £1,582,398 |
| 8 | HP9 | Beaconsfield | Chiltern | £1,550,392 |
| 9 | GL9 | Badminton | Gloucester | £1,470,141 |
| 10 | GU20 | Windlesham | Surrey Heath | £1,464,692 |
| 11 | WD7 | Shenley | Hertsmere | £1,419,058 |
| 12 | TQ8 | Salcombe | South Hams | £1,416,007 |
| 13 | HP8 | Chalfont Saint Giles | South Buckinghamshire | £1,390,590 |
| 14 | BH13 | Canford Cliffs | Poole | £1,368,257 |
| 15 | TN7 | Hartfield | Wealden | £1,339,082 |
| 16 | KT11 | Cobham | Elmbridge | £1,329,113 |
| 17 | RG9 | Hambleden | South Oxfordshire | £1,278,068 |
| 18 | SO42 | Beaulieu | New Forest | £1,274,018 |
| 19 | GU8 | Chiddingfold | Waverley | £1,261,512 |
| 20 | SL5 | Ascot | Windsor and Maidenhead | £1,243,449 |
Scotland is home to the cheapest postcodes in the UK
Leading the way in first place – with the least expensive postcode in the UK – is PA15, a postcode located in Renfrewshire, Scotland. PA15 was followed by three more Scottish postcodes, with KA16 (East Ayrshire), G34 (Glasgow) and KA25 (North Ayrshire) all with average asking prices of under £78,500 in 2022.
Scottish locations truly dominated the top 20, with postcodes from the country spanning the rest of positions 11 to 19. All Scottish destinations included in the top 20 rankings had average asking prices as low as £97,500 and as high as just £110,500, with Ayrshire and Glasgow proving themselves as real hotspots for affordable properties.
Liverpool was the only English postcode to rank in the second half of the top 20, while locations in northern England placed in the first half, postcodes in Bradford, Grimsby and Middlesbrough ranking in 5th, 6th, 7th and 10th place, respectively. CF43, in Ferndale, was the only Welsh postcode to feature in the top 20 least expensive postcodes.
The Top 20 Least Expensive Postcodes in the UK
| Rank | Postcode | Town | Region | Average Asking Price |
| 1 | PA15 | Greenock | Renfrewshire | £64,699 |
| 2 | KA16 | Newmilns | East Ayrshire | £69,049 |
| 3 | G34 | Easterhouse | Glasgow | £74,130 |
| 4 | KA25 | Kilbirnie | North Ayrshire | £78,110 |
| 5 | BD1 | Bradford City Centre | Bradford | £81,610 |
| 6 | DN31 | Grimsby | North East Lincolnshire | £92,844 |
| 7 | TS2 | Middlehaven | Middlesbrough | £94,291 |
| 8 | DL4 | Shildon | County Durham | £96,443 |
| 9 | CF43 | Ferndale | Rhondda Cynon Taf | £96,757 |
| 10 | TS3 | Thorntree | Middlesbrough | £96,777 |
| 11 | ZE3 | Bush | Shetland | £97,500 |
| 12 | G22 | Milton | Glasgow | £99,250 |
| 13 | KA8 | Dalmilling | South Ayrshire | £99,291 |
| 14 | KA20 | Stevenston | North Ayrshire | £102,227 |
| 15 | KA28 | Millport | North Ayrshire | £104,435 |
| 16 | G21 | Barmulloch | Glasgow | £104,435 |
| 17 | G67 | Cumbernauld | North Lanarkshire | £105,525 |
| 18 | PA3 | Paisley | Renfrewshire | £106,629 |
| 19 | AB24 | Aberdeen | Aberdeen | £110,263 |
| 20 | L4 | Anfield | Liverpool | £110,449 |
Colby Short, Co-Founder and CEO ofGetAgent comments:
“As experts in selling a home, we know how stressful it can be to find a buyer for your property. By sharing some of our own consumer data and the trends we’ve observed over the past year; we’re hoping we can provide house sellers with some valuable insight, and top tips, in what is often a very confusing and tense time.
Living in a particular postcode can add thousands to your home’s value, whether that’s due to having prestigious schools (with catchment areas notoriously hard to get into) or even good transport links for commuters. Surprisingly, while you might assume that homes closer to the capital would fetch higher asking prices, our research actually shows that it’s countryside destinations that are topping the list of expensive postcodes.
As we’ve seen a more hybrid way of working come into play over the past couple of years, it’s clear to see that there’s demand for homes in the countryside, and even remote areas of the UK, as people leave the city life for space further afield.
Despite the turbulent year of 2022 having had an adverse effect on many homeowner’s selling prices, it’s been really positive to see that sellers in many areas of the UK were able to achieve significantly more than their original asking prices – with some northern areas of the country achieving up to 120% of theirs. Similarly, our data showed that last year some house-sellers in the UK breezed through the selling process in an average of just 30 – 50 days, showing that it’s still very achievable to find the perfect buyer with minimal stress.”
A full breakdown of the 2022 Sellers Report, including the most popular months to put your house on the market, the postcodes achieving more and less than their asking prices, and the UK locations selling their home the quickest, can be found here: https://www.getagent.co.uk/blog/property-news/the-getagent-sellers-report-2023
