What postcodes in the UK have the highest and lowest asset levels?
Recent data from Unbiased has revealed the postcodes that are most asset-rich, and those with the lowest asset values.
Summary
- The most asset-rich areas in the UK include some areas of Cornwall, London, Berkshire and Hertfordshire, according to data from Unbiased.
- Assets have many forms, including property, cash, investments, pensions and items with monetary value.
- Areas with the lowest asset values are in parts of Scotland, Greater Manchester, Tyne and Wear and Yorkshire.
- Unbiased’s data is based on a sample of nearly 90,000 enquiries in 2024 and an average of the asset levels submitted when people seek financial advice via the platform.
It should come as no surprise that wealth and asset levels in the UK can vary by region.
Recent data from Unbiased has revealed the postcodes that are most asset-rich – and those with the lowest asset values.
What are the most asset-rich postcodes in the UK?
The ‘TR’ postcode in the UK, which covers many areas such as Newquay, Truro, St Ives, Falmouth and Penzance, has the highest asset value at £534,925.
Cornwall is known to have more second homes than anywhere else in the country, and its high asset level may also be linked to affluent people moving to the area from other prosperous places in the UK.
Second on the list is London’s ‘W’ postcode at £476,858, covering Marylebone, Soho, Paddington, Nottingham, Kensington, Shepherd's Bush, Hammersmith, Chiswick, Acton and Ealing.
Notably, a lot of areas in this postcode have high property prices, such as Kensington, which has an average property price of £2 million, while some places in the city have median weekly earnings of £1,243.
In third place is ‘AL’ at £453,373, covering Welwyn Garden City, St Albans and Harpenden, the latter of which has the highest average property price at £903,365, while average weekly earnings are £873.
Here are the full top 10 asset-rich postcodes, which easily exceed the UK average of £356,671, according to Unbiased’s data.
| Rank | Postcode | Average asset value | Locations |
|---|---|---|---|
| 1 | TR | £534,925 | Newquay, Truro, St Ives, Falmouth, Penzance, Perranporth |
| 2 | W | £476,858 | Marylebone, Kensington, Shepherd's Bush, Hammersmith, Chiswick, Ealing |
| 3 | AL | £453,373 | Welwyn Garden City, St Albans, Hatfield, Harpenden |
| 4 | IG | £438,785 | Barking, Woodford, Loughton, Chigwell, Ilford |
| 5 | SL | £436,415 | Slough, Maidenhead, Windsor, Marlow, Gerrards Cross, Chalfont St Peter |
| 6 | WD | £436,388 | Watford, Kings Langley, Rickmansworth, Bushey, Borehamwood |
| 7 | KT | £435,566 | Kingston, Esher, Weybridge, Oxshott, Walton, West Byfleet |
| 8 | SW | £432,889 | Westminster, Chelsea, Fulham, Battersea, Putney, Brixton, Wimbledon |
| 9 | HA | £429,784 | Stanmore, Edgware, Harrow, Wembley, Pinner, Northwood, Ruislip |
| 10 | NW | £429,321 | Camden Town, Hampstead, Hendon, Kentish Town, Willesden, Highwood Hill |
Which UK postcodes have the lowest asset values?
Some areas in Scotland have among the lowest asset levels in the UK, alongside some places in Greater Manchester, Tyne and Wear and West Yorkshire.
The ‘TD’ postcode has the lowest asset values at £219,834. This postcode includes places in the Scottish Borders such as Galashiels, Hawick, Berwick-upon-Tweed, and Eyemouth.
There are notably low property prices and earnings in some of these places, with the average property price in Galashiels over the last year of £153,958, while median weekly earnings is £632.
The second lowest asset postcode is ‘KW’ in the Scottish Highlands at £220,156, covering Halkirk, Dunnet, Dunbeath, Brora, Golspie, and Melvich.
Next is the ‘WN’ postcode with average asset values of £239,250, which includes some areas in Greater Manchester such as Wigan, Leigh, Ashton-in-Makerfield, Skelmersdale, and Standish.
Halkirk property prices are on average £169,059 with median weekly earnings of £728, while in the ‘WN’ postcode, Wigan property prices are on average £172,638 with weekly earnings of £608.
Here are the 10 lowest asset value areas in the UK.
| Rank | Postcode | Average asset value | Locations |
|---|---|---|---|
| 1 | TD | £219,834 | Galashiels, Hawick, Berwick-upon-Tweed, Eyemouth, Newcastleton |
| 2 | KW | £220,156 | Halkirk, Dunnet, Dunbeath, Brora, Golspie, Melvich |
| 3 | WN | £239,250 | Wigan, Leigh, Ashton-in-Makerfield, Skelmersdale, Standish |
| 4 | DD | £246,645 | Dundee, Montrose, Arbroath, Carnoustie, Forfar, Brechin |
| 5 | HX | £248,877 | Halifax, Hebden Bridge, Sowerby Bridge |
| 6 | KA | £253,181 | Kilmarnock, Irvine, Troon, Ayr, Largs, Girvan, Ballantrae |
| 7 | ML | £254,120 | Wishaw, Douglas, Coatbridge, Motherwell, Lanark, Wanlockhead |
| 8 | PA | £255,049 | Oban, Appin, Bridge of Orchy, Southend, Tarbert, Bute, Dunoon, Dalmally |
| 9 | SR | £255,281 | Sunderland, Seaham, Peterlee, Easington Colliery, Murton |
| 10 | BB | £261,727 | Blackburn, Burnley, Clitheroe, Barnoldswick |
Need help with your finances?
If you have any assets, it’s important to be proactive with your finances to reach your future goals.
Unbiased can quickly match you with a qualified financial adviser who can look at your unique circumstances and future goals and recommend the right course of action, whether you’re investing, planning for retirement or buying a home.
:quality(20))