Postcodes where the most homes have sold in 2021 – is your area one?

A Place in the Sun: Couple asks Laura to find pool at property

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info

The property market has seen a surge of activity in recent months, with buyers having a temporary break in paying Stamp Duty. While things are starting to slow down, and indicators show house prices could dip as we head into 2022, some areas have seen a flurry of activity.

Research from national estate agent, Keller Williams UK, has shown the 10 property market postcodes where buyers and sellers are yet to pause for breath in 2021.

Keller Williams UK analysed transactions at postcode level since the start of the year and found out where the top picks of the property market in England and Wales are located.

Previous research by Keller Williams UK found so far this year, residential property sales have hit £68.8bn in value.

And unsurprisingly, London accounting for all but one of the nation’s top 10 most valuable postcodes.

Read More: Cheapest UK seaside town to buy a holiday home

But when it comes to the most activity, only one London postcode is in the top 10.

The study found across England and Wales, 197,041 transactions have successfully been completed since the start of 2021.

Figures showed Croydon’s CR0 postcode has seen the highest number of all postcodes.

So far this year, 425 sales have taken place, with the BN3 postcode in Brighton and Hove close behind with 395 sales.

Next up is E17 in Waltham Forest and Brighton’s BN1 postcode with 371 and 346 transactions respectively.

The BS16 postcode straddling Bristol and South Gloucestershire is the next hottest property postcode with 345 homes sold.

That is followed by BH23 in Bournemouth, Christchurch and Poole/New Forest with 337 transactions.

To see the full list, read on below.

Top 10 postcodes for sales so far in 2021

  1. CR0, Croydon – 425 transactions
  2. BN3, Brighton and Hove – 395 transactions
  3. E17, Waltham Forest – 371 transactions
  4. BN1, Brighton and Hove/ Lewes – 371 transactions
  5. BS16, Bristol/South Gloucestershire – 345 transactions
  6. BH23, Bournemouth, Christchurch and Poole/New Forest – 337 transactions
  7. BN2, Brighton and Hove/Lewes – 336 transactions
  8. LE12, Charnwood/North West Leicestershire/Rushcliffe – 310 transactions
  9. LE3, Leicester/Blaby – 295 transactions
  10. NG5, Nottingham/Gedling – 290 transactions

The data was sourced from the Land Registry Price Paid data – Jan 2021 to May 2021 (latest available), excluding ‘other’ property type.

CEO of Keller Williams UK, Ben Taylor, commented: “We’ve heard a lot in recent months about how the stamp duty holiday has led to a huge uplift in property sales and while this is generally true, some areas will have seen a far greater number of homes sold than others.

“Nowhere more so than these property postcode hotspots and it’s impressive to see such a vast regional spread with the list comprising of areas in London, the South West and the Midlands.

“That’s not to say that other regions aren’t putting in a strong performance and there’s no denying the impact of the stamp duty holiday has been felt pretty much across the board.”

Source: Read Full Article