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Or the govt mandates a new post-code system that uses something akin to grid references / latlong but in an easier to digest format (like what 3 words but free from licensing). Will take a while to become the standard, but this would be more accurate and more flexible than existing weird postcodes.

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This already exists - google plus codes which are free and open. You can see them on google maps. It also has the benefit that the system works globally.

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