To wonder why people pay extra for a posh postcode?

[NoHolidaysforyou]

I was looking at a new build site up north and there was a floor plan I wanted to see at another site that was 4 miles away. The same floor plan at this other site was £70,000 more than the area I was looking at (the same house £410k in the original spot and £480k in the other postcode). It baffles me though because they are both nice areas with outstanding schools. The lady at the sales office got a bit defensive over the price (although I didn't ask about it) and said, "Well you pay for the postcode here." She then didn't seem to want to explain anything really about different houses that were available after I told her that we originally looked at the "cheaper" area.

AIBU to question why people pay for the privilege of living in a certain postcode? My husband almost suspected that we were being discouraged at looking at the nicer area.

The area was a village and would depend on the same facilities/infrastructure/hospital/university etc as the other postcode.

I don't get it. Would you pay extra for a specific postcode?

I too don’t appreciate the “north-bashing” remarks. I have never been to any “nice” areas down south myself, I think living in and around the capital would be my idea of hell however I’m sure nice pockets exist. Just because you are so bigoted and closed-of-mind and experience to think there are only “nice” places in the south - please don’t inflict your nasty remarks on others. It must be very sad living in your box!

I live up North and you can buy a mansion up here compared to what you can get down South with the same money. Please do not be discouraged by postcode snobiness here. The North has a lot to offer. I love it here.

My “northern bashing” comment was a wee joke

I live in a street adjacent (I could literally throw a stone at the house) there is a house in the same council, same school catchment etc that is on for £985,000.

It's smaller than mine by 200 feet. My place is probably worth more than 300k less.

Because of the postcode 🤷‍♀️

There are a couple of housing developments near me - about a mile apart, there is a price difference of one particular style of 17k - which may not seem a lot but is about a 7% price difference. School catchments are different but both are in similar schools, land price may well have been different, but it boils down to say you live in X is better than living in Y. It won't be that long before they pretty much meet up anyway.

They are still over priced boxes though - the 4 bed we looked at had a smaller footprint than our then 3 bed.

Sheffield has some right posh northern postcodes, including its own Fulwood.

That was the Fulwood I originally guessed OP meant! Some right mansions near there.

Don't be deluded that insurance will be cheaper in a posh, more expensive area. I've moved in and out of a posh area my insurance went up in the posh area and down again when I left.

Apparently the average cost of damage to cars in an accident in a posh area is higher.

One of the reasons liked our house when we bought was it had a certain towns postcode, whereas the other houses we looked at has a different town postcode which is considered worse. Was a minor, insignificant thing, but made me feel better about the area! I'm fully aware its ridiculous though

I always laugh at articles and campaigns about people trying to change their postcodes. I seem to remember the good people of Stoke Poges have tried a few times to lose their Slough post code. They probably thinks it’s too naice for that 🙄

For those mentioning The North - have house prices gone up in general since Ayra got rid of the NK?

I'm in London. Go 200m north into a less fashionable postcode, and you shave 100k off the price. The area is the same, it's literally metres away. It's sheer madness.

Our whole town is the same postcode but prices vary massively. Exactly the same style of 1970s estate house can be around 25-30% more expensive in better school catchments and nearer the station

We moved to a “posh postcode” because the catchment schools are the best in the area. In Scotland so no rammy over school places.

I live in what could be described as a posh postcode but we bought into the area not the postcode.

By that I mean it's leafy, low crime, good schools, nice neighbours/community, nice parks, a Waitrose, good transport links, nice cafes and restaurants.

Those sorts of things make one area- and therefore postcode - more expensive than another.

I live in West London. Used to live in a ‘posh’ postcode area, one house right on the outskirts so a bit scuzzy, other prime posh location. Now live in inbetween area but postcode not as naice. She meant area not postcode.

Yeah, north-bashing comments are fricking “hilarious” aren’t they.