Research from the national estate agent, Keller Williams UK, reveals the most expensive areas to buy a home across 18 major cities in England, and how much more they will cost you compared to the city wide average. House prices have been hitting historic highs across England, soaring by more than 13% in the last year alone. The nation’s cities, however, have not experienced the same price boom that rural, regional areas of the country have and many cities now have average house prices well below the national average. But all housing markets, urban or rural, have their expensive areas and Keller Williams has identified precisely where they are, thus showing exactly how much money homeowners will need to spend in order to live at the very top of their local market. For buyers, London is the most expensive city in England. The average house price is currently £510,299, a sum that dwarfs the national average and yet pales in comparison to the capital’s most expensive neighbourhoods. And none are more expensive than Knightsbridge and Belgravia where the average house price is a shade below £3 million: almost £2.5 million, or 478%, more than the London average. In Birmingham, the average house price is £208,241. The city’s most expensive ward is Sutton Four Oaks, located to the north-east of the city centre, where the average house price is £520,000. This makes Sutton Four Oaks 150% more expensive than the Birmingham average, a gulf that ranks second only to London. There is a 148% difference between Bradford’s average house price and that of its most expensive ward. The city average is £149,798, but in Ilkley, which is around 10 miles from the city centre, the average price is £372,500; a difference of £222,702. Oxford has a high average house price, but £451,385 is still less than half of what it costs to live in its most expensive ward: North Oxford. The North of the city has an average house price of £543,615, 120% north of the city average. In Newcastle, the average price is £172,770. In its most expensive ward, Gosforth, the average is 120% higher at £380,000. There is 111% difference between Bournemouth and its most expensive ward, Canford Cliffs: 105% between Sheffield and Dore and Totley: 95% between Cambridge and Newnham: 86% between Bristol and Westbury-on-Trym and Henleaze: 81% between Leeds and Harewood: 74% between Manchester and Chorlton: 72% between Nottingham and Wollaton West: 61% between Liverpool and Mossley Hill: 49% between Southampton and Shirley: 48% between Sunderland and Washington East: 45% between Portsmouth and Drayton and Farlington:33% between Leicester and Knighton: and 28% between Plymouth and Plymstock Dunstone. CEO of Keller Williams UK, Ben Taylor, commented: “The housing market has taken off and demand is pushing prices through the roof. Industry commentators keep predicting a sudden drop as demand lightens or at least evens out, but the truth is this is unlikely. The market will be as lively in a year’s time as it is now. But even if prices do drop slightly, these pinnacles of the UK property market will continue to command the highest house prices in their respective cities. The reason many of these wards are so expensive is that they offer rarified properties – large, spacious houses with good gardens; or tranquil, luxurious corners of otherwise frantic metropolitan areas. There will always be demand for these types of homes, as well as buyers with money to buy them. Especially when you factor in the foreign investor interest that our cities attract. If you’re lucky enough to be able to afford a step up into one of these wards, you can be sure that your financial stake will be well protected.” Table shows averate house price of English cities compared to that in their most expensive wards, ordered from largest price difference to smallest. City Average city house price Most expensive ward Average ward house price Difference £ – ward vs wider city average Difference % – ward vs wider city average London £510,299 Knightsbridge and Belgravia £2,950,000 £2,439,701 478.1% Birmingham £208,241 Sutton Four Oaks £520,000 £311,759 149.7% Bradford £149,798 Ilkley £372,500 £222,702 148.7% Oxford £451,385 North £995,000 £543,615 120.4% Newcastle £172,770 Gosforth £380,000 £207,230 119.9% Bournemouth £308,071 Canford Cliffs £650,000 £341,929 111.0% Sheffield £186,980 Dore and Totley £382,750 £195,770 104.7% Cambridge £473,534 Newnham £925,000 £451,466 95.3% Bristol £307,765 Westbury-on-Trym and Henleaze £571,250 £263,485 85.6% Leeds £212,943 Harewood £384,950 £172,007 80.8% Manchester £206,574 Chorlton £359,000 £152,426 73.8% Nottingham £166,153 Wollaton West £286,000 £119,847 72.1% Liverpool £163,580 Mossley Hill £262,750 £99,170 60.6% Southampton £218,192 Shirley £325,000 £106,808 49.0% Sunderland £133,359 Washington East £196,998 £63,638 47.7% Portsmouth £230,419 Drayton and Farlington £335,000 £104,581 45.4% Leicester £206,297 Knighton £275,000 £68,703 33.3% Plymouth £194,085 Plymstock Dunstone £249,000 £54,915 28.3% Sources UK House Price Index (HPI) ONS – Median house price by ward                

Research from the national estate agent, Keller Williams UK, has found that Brighton is home to the nation’s most valuable property postcode so far in 2021, outside of London, of course. 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. The top 10 is predictably dominated by London, with the NW3 postcode, covering parts of Camden and Barnet, topping the table where total value of homes sold is concerned. £262.5m worth of property has been sold in this one postcode alone since the start of the year. The SW19 (£248.8m), SW11 (£235m) and SW18 (£228m) postcodes also make the top 10, as do the W8 (£226m), W11 (£212.4m), SW6 (£212m), E17 (£202m) and NW11 (£198m) postcodes. However, there is one postcode that makes the top 10 that isn’t located within the M25. 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. Taking London out of the picture, Brighton also accounts for the second most valuable postcode, BN3, with a total value of £179.1m in homes sold. Brighton’s BN2 postcode also makes 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). CEO of Keller Williams UK, Ben Taylor, commented: “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.” Table shows the top postcodes for the highest value of property sold so far in 2021 across England and Wales (Inc London) Postcode district Location Total value NW3 Camden / Barnet £262,487,046 SW19 Merton / Wandsworth £248,800,270 SW11 Wandsworth / Lambeth £234,858,700 SW18 Wandsworth £227,625,878 W8 Kensington and Chelsea £225,963,338 W11 Kensington and Chelsea / Westminster / Hammersmith and Fulham £212,426,624 SW6 Hammersmith and Fulham £212,004,240 BN3 Brighton and Hove £206,087,089 E17 Waltham Forest £201,193,176 NW11 Barnet £197,670,500 England and Wales £68,848,011,189 Data sourced from the Land Registry Price Paid records – Jan 2021 to May 2021 (latest available)       Table shows the top postcodes for the highest value of property sold so far in 2021 across England and Wales (Exc London) Postcode district Location Total value BN3 Brighton and Hove £206,087,089 BN1 Brighton and Hove / Lewes £179,128,540 SL6 Windsor and Maidenhead / Buckinghamshire £169,665,888 BN2 Brighton and Hove / Lewes £156,968,190 BH23 Bournemouth, Christchurch and Poole / New Forest £145,957,708 SO41 New Forest £125,872,492 WA15 Trafford / Manchester / Cheshire East £120,660,020 SS9 Southend-on-Sea £118,503,085 BA2 Bath and North East Somerset / Mendip / Wiltshire £117,124,277 RH12 Horsham £112,316,147 England and Wales £68,848,011,189 Data sourced from the Land Registry Price Paid records – Jan 2021 to May 2021 (latest available)