Research from the national estate agent, Keller Williams UK, has revealed 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 to find where the hottest pockets of the property market in England and Wales are located.
Previous research by Keller Williams UK found that so far this year, residential property sales have hit £68.8bn in value with London accounting for all but one of the nation’s top 10 most valuable postcodes.
However, while the capital does feature in the top 10 where the highest number of transactions is concerned, it’s far from a one city affair.
Across England and Wales, 197,041 transactions have successfully been completed since the start of 2021, and 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.
E17 in Waltham Forest and Brighton’s BN1 postcode also account for the next busiest areas of the market with 371 and 346 transactions respectively.
The BS16 postcode straddling Bristol and South Gloucestershire is the next hottest property postcode with 345 homes sold with the BN23 postcode in Christchurch on the south coast also performing strongly (337).
Leicestershire’s LE12 (310) and LE3 (295) postcodes also make the list of 2021’s busiest property markets, with the NG5 postcode in Nottingham completing the top 10 with 290 homes sold so far this year.
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.”