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UK average wealth reaches £26,200

The average wealth of Britons rose by 34 per cent to £26,200 in summer 2001 from £19,522 in 1996, according to the latest Wealth of the Nation report from data analyst Caci Information Services.

The joint-wealthiest postcodes are Thorntonhall, South of Glasgow and Fleet Elvetham Heath in Hampshire, with 13 per cent of households earning an income of over £100,000.

Kingston-upon-Thames has the highest average individual income of £36,500, up from £33,700 in 2000. The report also reveals the highest average household income is in Purley, Surrey at £53,900, with the lowest in Newport Road, Middlesbrough at £11,600.

The income divide is more complex than a simple North -South gap, with towns such as Warrington, Liverpool, Solihull Birmingham, Aberdeen, Edinburgh and Glasgow having neighbourhoods ranking in the top 100 wealthiest.

Even though there are higher average incomes in the South, the report says the ratio of house cost to income is against those living in the South, as it is more expensive to buy a house in the South.

Caci director of product development John Rae says: “The main conclusion that I draw from this year&#39s report is that there are pockets of wealth and pockets of poverty in every region in the country. When analysing this data, it is a more detailed task than simply pointing to a North-South divide.”


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