St Ives, Kensington and St Albans are among the most asset-rich areas in the UK, according to Unbiased, the UK’s leading platform for financial advice enquiries.
The most asset-rich postcodes in the UK
The ‘TR’ postcode in the UK, which covers the likes of 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 could 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, many areas in this postcode have high property prices, such as Kensington, which has an average property price of around £2 million, while some places in London have median weekly earnings of £1,243.
In third place for the most asset-rich postcode 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 |
The UK postcodes with the lowest asset values
Several areas in Scotland have some of 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, which 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 areas, 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 the likes of 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, based on data from Unbiased.
| 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 |
“If you have any assets – whatever they amount to – it’s important to be proactive so you can preserve and potentially grow them in the future,” says Karen Barrett, chief executive and founder of Unbiased.
“However, it can be difficult to figure out what to do with your assets and how to get the most out of them, which is where expert financial advice can play a vital role.
“A financial adviser can look at your circumstances and recommend the best course of action, whether you’re investing, planning for retirement or considering getting on the property ladder.”
