A READING postcode has featured in a national table highlighting one of the largest gaps between the highest and lowest sold prices for homes.
There were 356 housesales in the RG26 postcode, which covers Tadley, in the past year.
The average sale price is £345,000, with the lowest sale being £80,000.
The property that sold for the most went for £7,675,000 – a difference of £7,595,000.
Topping the table for homes sold outside of London was Chipping Norton area, the OX7 postcode, where the house price gap was £17,942,500.
Also featuring in the top 10 were Ascot and Windsor.
The research was conducted by online property platform, Boomin.
The company said it analysed sold price records for residential property transactions across England and Wales throughout 2021, highlighting how diverse house prices can be within the same postcode, as well from one area of the nation to the next.
Topping the overall table was, as every Monopoly player knows, Mayfair. Its W1K postcode saw an average sale price of £4.2 million.
At the other end of the market, the TS2 postcode to the north of Middlesbrough was home to the most affordable average house price in the last year, at just £32,000.
Michael Bruce, CEO and founder of Boomin, said: “The property market has been performing very well of late but it’s important to remember that when you come to sell your house, the market can be extremely diverse even within the same postcode, let alone from one postcode to the next.
“Market research around average property values can only take you so far and while they will give you a ballpark figure of what homes are worth in your area, they won’t take your property’s unique features, size or location into account.
“Luckily there are tools available to help you do this, albeit they don’t replace the accuracy of a local estate agent.”
He continued: “Our SmartVal platform takes the best of both to deliver the most accurate valuation for your home with the support of great local agents and this will not only mean you achieve the most accurate price, but it will also see you benefit from a faster sale as unrealistically valued properties often stagnate on the market for months on end.”
