London's most expensive postcode, where homes cost more than £4 million

Evening Standard

Surprise, surprise. The top 10 most expensive postcodes in England and Wales are all in London, analysis of Land Registry data has revealed.The breakdown, conducted by prime property broker Jeffries James, shows that nine of these London postcodes are concentrated within three boroughs: Westminster, Kensington and Chelsea and the City of London.W1 postcodes, which cover Mayfair, Fitzrovia, Soho and Marylebone, make up three of the country’s top 10 priciest postcodes.The exception is EN5, the 10th most expensive place to buy a property in England and Wales. Hertsmere, covering parts of Barnet and Enfield, is on the northern border of London.

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00:00The 10 most expensive postcodes in England and Wales have been revealed to all be in London.

00:05Analysis of land registry data has shown that nine of these London postcodes

00:09are concentrated within the London boroughs of Westminster,

00:12Kensington and Chelsea and the City of London.

00:14The most expensive postcode is W1B where the median property price is just over £4 million.

00:21SW postcodes also find themselves on the list,

00:24with SWX in Kensington and Chelsea being the capital's third most expensive postcode.

00:29With an average property price of £2.8 million,

00:32the Knightsbridge address has become more prestigious in recent years.

00:36And a couple of City of London postcodes have made their way in,

00:39ranking 7th and 8th and averaging around £2 million to £2.2 million.

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