Friday 31 October 2014

Life According to Postcode (UK)

Like it or not, your postcode has a great impact on your daily life. Whether you have made a conscious decision to own a property in one of the UK's most highly regarded reference spots or if it just happens to be where you were born, you'll be surprised to lean about the amount of assumptions that are made about you and the kind of life that you lead. 

Dawson Surveyors observes the following...

Most commonly, your insurance company will judge your risk-factor based on your postcode. If you're looking to insure your car, let's hope that you don't live in Birmingham. Perhaps move to Aberdeen to secure the best rates!

And it's not just the first couple of letters that matter. Those who live in the northern part of CF (Powys) are reportedly much happier people than those who live in the southern (Rhondda Cyon Taff). If you're home-seeking in this area you'd be advised to check out a CF44 address in order to top, rather than bottom, the "subjective well-being" scale.

But it is our house prices that are so commonly affected by that seemingly innocuous collection of digits and numbers at the end of our address. It is of no surprise that the most expensive postcode areas are in West London. Currently the average price of a flat in this area is £875,000.
Interestingly though, it is Golders Green that has seen the biggest house price rises in the last 10 years, and therefore we are quite sure that "subjective well-being" will also be on the rise.
If you're seeking the most square meterage for your bucks, the best bet is Wales.

For more advice on how to make the best property purchase to suit your needs, please contact Dawson & Associates. We know that it is not just the price of the property that matters but also the condition of the property itself. Don't be fooled into thinking that a bargain is quite that unless it has first been surveyed by a professional.


WWW.DAWSONSURVEYORS.COM

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