Surrey is one of the most affluent counties in the UK, with a high concentration of millionaires and billionaires living in its picturesque towns and villages. But where are the most expensive postcodes in Surrey, and how have house prices changed over the years?
According to the latest data from the Land Registry, Surrey has five postcodes where the average property price is over £1 million, and another one that is very close to reaching that mark. These are the areas that attract the super-rich buyers who are looking for luxury, privacy and convenience.
The most expensive postcode in Surrey is GU25, which covers Virginia Water and Wentworth. This area is home to the exclusive Wentworth Golf Club, where membership costs £125,000, and some of the most lavish mansions in the country. The average price for a house for sale in Virginia Water is a whopping £1.98 million, despite seeing an 8.8% decrease between August 2022 and 2023. The houses in Virginia Water are one of the most sought after across all of the UK.
The second most expensive postcode is KT13, which covers Weybridge. This area is popular among celebrities and sports stars, who enjoy its proximity to London and its riverside setting. The average property price in KT13 is £1.18 million, which remained stable in the 12-month period.
The third most expensive postcode is KT11, which covers Cobham and Stoke D’Abernon. This area is known for its prestigious schools, such as ACS Cobham International School and Reed’s School, and its rural charm. The average property price in KT11 is £1.14 million, which increased by 2.6% between August 2022 and 2023.
The fourth most expensive postcode is KT10, which covers Esher and Claygate. This area is famous for its historic landmarks, such as Sandown Park Racecourse and Claremont Landscape Garden, and its vibrant community. The average property price in KT10 is £1.06 million, which increased by 4.4% between August 2022 and 2023.
The fifth most expensive postcode is GU6, which covers Cranleigh and Ewhurst. This area is located in the Surrey Hills Area of Outstanding Natural Beauty, and offers a peaceful and scenic lifestyle. The average property price in GU6 is £1.02 million, which increased by 5.9% between August 2022 and 2023.
The sixth most expensive postcode is GU5, which covers Albury, Bramley and Shere. This area is also situated in the Surrey Hills, and boasts some of the most picturesque villages in the county. The average property price in GU5 is £997,000, which increased by 7% between August 2022 and 2023.
These six postcodes represent the ‘super-prime’ market in Surrey, where properties are in high demand and command premium prices. However, there are also many other areas in Surrey that offer excellent value for money and quality of life.
If you are looking for your dream home in Surrey, or want to sell your property for the best price possible, contact one of the estate agents in Virginia Water or wider Surrey today for expert advice and guidance.