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Revealed! The regions where agents are achieving above asking price offers

Agents are currently achieving 99.4% of the asking price on listings, research shows. 

The figure, calculated by agency comparison website GetAgent based on sales completed between January and April 2022, is up 2.4% on last year. 

However, in no less than 41% of postcodes, agents and their sellers are achieving 100% or more of their asking price expectations.  

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The best performing area of the market is the PL34 postcode in Cornwall, where sellers have achieved 119% of asking price so far in 2022. 

Not only is this the highest level of asking price achieved of all postcodes in England and Wales, the area has also seen the largest increase, up 21.2% on this time last year.  

Colby Short, founder of GetAgent, said: “We’re yet to see a flurry of interest rate hikes dampen buyer appetites in 2022 and despite the wider economic backdrop, property market performance remains red hot across the vast majority of postcodes in England and Wales.  

“Not only has the average percentage of asking price achieved continued to climb when compared to last year, but over 40% of sellers are exceeding the original price set for their property, while sold prices are slipping below 90% of the original asking price in less than 1% of postcodes.  

“It remains to be seen just how long the market will continue performing at such a rate, but as it stands, it’s a very good time to sell your home.” 

Table shows the postcodes where sellers are achieving the highest percentage of asking price so far in 2022
Outcode Area Percentage of asking price - 2021 (Jan to Apr) % Percentage of asking price - 2022 (Jan to Apr) % Annual change %
PL34 Cornwall 97.8 119.0 21.2
BA10 South Somerset 94.7 113.7 19.0
LL24 Conwy 95.1 112.8 17.7
LL40 Gwynedd 95.0 111.2 16.2
B6 Birmingham 104.0 111.2 7.2
HR5 Herefordshire 95.7 110.5 14.8
TA16 South Somerset 97.9 110.3 12.4
LL42 Gwynedd 94.3 109.1 14.8
SA66 Pembrokeshire, Carmarthenshire 96.7 108.4 11.7
LL15 Denbighshire 95.5 107.9 12.4
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