How accurately does Google geocode UK postcodes using the maps api?

The whole post code is taken into account. Please run sample tests in my example here and see the difference between the markers yourself. We have been running these tests for a large UK based telecommunications company for some time now to get the exact grid reference from the lat,lng values and I can tell you that entering just the "outward code" (the first part) does not yield the exact results especially in a larger post code area.

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