Southwark has had more valuable property change hands than anywhere else in the UK over the last year

South London boasts the highest value of properties sold in the last year, according to new figures.
The latest research shows SE1 is the most lucrative property postcode, based on the amount of sites sold there over the last year.
The first zone south of the Thames saw just under £1.3bn worth of property transacted during 2018, in Bankside, South Bank, Lambeth, Southwark, part of Bermondsey, Vauxhall and the western part of the Old Kent Road.
The second highest was also in Wandsworth with SW11 enjoying over £1.1bn worth of property sales.
Posher Kensington was third with £895.1m worth of property sales in the last year in W8.
The data shows that despite slower market conditions caused by political and economic uncertainty, over £250bn worth of residential property was sold in the last year.
Despite London bearing most of the Brexit brunt, the top 15 most valuable property postcodes are all located in the capital.