Areas such as Hyde Park and Notting Hill were found to boast some of the priciest properties sold in the UK this year, according to data from largemortgageloans.com (LML) and TwentyCi.
The most expensive property sold in 2022 cost an eye-watering £38.5m and was situated in the wealthy London postcode of W2 2.
Notting Hill, known for its many film appearances, is the location of the second most expensive property sold in the UK in 2022 at £37.5m.
Paul Welch, CEO and founder of largemortgageloans.com, said: “For most of us, owning a multi-million-pound home on the doorstep of London’s famous Hyde Park is just pie in the sky – a dream to aspire to.
“But, for some wealthy individuals, being able to afford a prime penthouse with a celeb lifestyle to match is reality and it would seem London and the Home Counties is where they are happy to pay the price to be.”
The leafy north London suburb of East Finchley in the Borough of Barnet is also the location of the third most expensive property sold, costing a whopping £35.1m.
The data, from LML and in partnership with TwentyCi, reveals that on average the top 20 most expensive postcodes to buy a house this year were all located in London.
Although the top 20 most expensive postcodes are all located in London, an area of Henley-on-Thames (RG9 3), in South Oxfordshire, leads the way when it comes to pricey postcodes outside of the Capital.
Situated on the River Thames, the average completion price in 2022 here was £2,695,600.
In second place was PO18 9, an area close to Chichester in West Sussex.
Properties in this coastal locale had a completion price, on average, of £2.575m.
Welch added: “Parting with a small fortune to secure the home of your dreams is no small matter, and there are many things to consider before doing so.
“This is particularly so given that the money markets and mortgage rates are currently in flux.
He advised: “I would suggest seeking expert advice to secure the best rate and product before making such a momentous decision to ensure that your best interests are fully considered.”
