New research has revealed that the best performing estate agents in the UK are located in Pembrokeshire.

The research, which has been carried out by estate agent comparison site GetAgent.co.uk, has measured what percentage of property asking prices estate agents can secure on average.

At the top of the table is Pembrokeshire postcode district SA36, where the average property sale value is 118 per cent of the asking price - meaning that if a property was listed for £100,000, estate agents in this area are likely to make the sale for £118,000.

Estate agents operating in the SA36 area include Savills, JJ Morris, Fine & Country, West Wales Finest and Cardigan Bay Properties.

The figures show that estate agents are achieving average sales of 100 per cent or more in 43 per cent of UK postcodes, but Pembrokeshire’s closest competitor is Northumberland’s NE67, where the average sale value is 112.5 per cent of the asking price.

Mal McCallion, COO of GetAgent.co.uk, commented: “Over the past couple of years, our nation’s brilliant estate agents have been working harder than ever under the weight of unprecedented homebuyer demand, triggered largely by the government’s stamp duty holiday introduced at the start of the pandemic.

“Today, the peak of this demand is well behind us but we’re still seeing a high level of market activity and the fact that agents are still managing to secure their clients such impressive sale prices is a testament to their hard work and professional skills.

"The coming months might bring a whole new challenge for estate agents as the cost of living crisis and uncertain economic outlook affect the buying appetite of the British public.

“But if their track record is anything to go by, the very best agents will still find a way to appeal to sellers and buyers alike, outperforming all expectations.”