Houses in the UK's priciest property postcode rose by £1m in a year

Houses in the UK’s priciest property postcode near Notting Hill rose in value by £1million in just a year

  • Homes in Norland ward area in London soared by 58% during pandemic, London estate agency Bective said
  • This is ten times higher than London as a whole, which has experienced slower growth than the rest of UK
  • People are looking to move out of the capital amid the shift to home-working

Houses in the UK’s priciest property postcode have jumped in value by more than £1 million in the past year, figures reveal.

Homes in the Norland ward area near Notting Hill in London have soared by 58 per cent during the pandemic, London estate agency Bective said.

This is ten times higher than London as a whole, which has experienced slower growth than the rest of the UK as people look to move out of the capital amid the shift to home-working.

Houses in the UK’s priciest property postcode have jumped in value by more than £1 million in the past year, figures reveal. Homes in the Norland ward area (file image) near Notting Hill in London have soared by 58% during the pandemic, London estate agency Bective said

Buying a home in any UK city now sets buyers back 8.1 times average local earnings, up from 5.6 a decade ago

Winchester’s homes cost a startling 14 times average incomes.

This rise is ten times higher than London as a whole, which has experienced slower growth than the rest of the UK as people look to move out of the capital amid the shift to home-working. (File image of the Norland ward)

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