The number of postcode districts where the average house price is above the inheritance tax (IHT) th...
The number of postcode districts where the average house price is above the inheritance tax (IHT) threshold has more than doubled in the past five years, according to a new report from Halifax. The average house price in 236 (11%) postcode districts in England and Wales is now above the IHT threshold compared to 117 (6%) postcode districts five years ago in 2001. Sales above the inheritance tax threshold accounted for at least 25% of property sales in 423 (20%) postcode districts across England and Wales in 2006, compared with 230 (11%) districts in 2001. They include 54% of London postcode districts and 40% of postcode districts in the South East.
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