Four new areas join the property postcode rich list

7 January 2015

The Evening Standard (Homes and Property)

Four more areas – Vauxhall and Nine Elms, Victoria and Pimlico, Hampstead, and Holland Park and West Kensington – have joined the elite group of London postcodes where homes cost an average of £1,000 per square foot. Eye-watering price rises over the past year in SW8, the postcode for Vauxhall and Nine Elms, are being blamed on overseas investors who pushed average values per square foot up 32%, from £841 to £1,107.

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