Revealed: the new £1 million UK postcodes

The UK has added three new £1 million postcodes in the past year, including areas in Cambridge, Chichester, and Winchelsea, where at least 20% of house sales were above £1 million. The growth in £1 million postcodes has slowed due to higher mortgage rates in 2024, with analysts predicting more areas to join the club as house prices continue to rise. Locations like Hindhead, Sevenoaks, and Hitchin are potential upcoming £1 million postcodes as the market expands outside of London and southeast England.

Full Article