# Wealthiest areas in England and Wales are in Northern England

- Link: https://fundraising.co.uk/2003/05/15/wealthiest-areas-england-and-wales-are-northern-england/
- Published: 2003-05-15T23:00:00+01:00
- Author: Howard Lake

**Barclays Private Clients, the wealth management arm of Barclays, has identified
that eight of the top ten wealthiest places in England and Wales are in the North
of England.**

Tatton in Cheshire, home to David and Victoria Beckham, comes top of the list as
the “real wealthiest” place in England and Wales. The figures for the actual value
of disposable incomes across the regions are based on combining detailed salary 
and cost of living data.

Tatton tops the table with an average salary of £29,303, which is worth £41,506 
when the cost of living in the area is taken into account. This beats Kensington
and Chelsea, which boasts the highest average salary in the country (£40,951), into
third place behind Sheffield Hallam (£29,150 and £41,289).

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According to the research the distribution of disposable wealth across England and
Wales is therefore much broader than typically believed. Of the top 50 ‘real’ wealthiest
places in England and Wales the North-West has twelve, the South-West nine, Yorkshire
seven, the West Midlands six, the East Midlands five, London just four, the South-
East three, Wales two and the North-East and East one each.

## Top 10 wealthiest places in England and Wales 2003

The top ten are as follows:

|

 

Constituency

 

  |

 

Estimated 
Average Salary

 

  |

 

Cost 
of Living Adjusted Salary

 

  | 
| Tatton 
 | £29,303 | £41,506 | 
| Sheffield, Hallam  | £29,150 | £41,289 | 
| Kensington and Chelsea  | £40,591 | £40,591 | 
| Leeds North East  | £28,300 | £40,085 | 
| Macclesfield

 

 

  | £27,613
 | £39,112 | 
| Altrincham and Sale West  | £26,956 | £38,181 | 
| Cheadle  | £26,664 | £37,768 | 
| Harrogate and Knaresborough  | £25,953 | £36,761 | 
| Warwick and Leamington  | £26,511 | £36,617 | 
| Haltemprice and Howden  | £25,561 | £36,205 |

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