The UK’s most pricey seaside town is Sandbanks in Dorset, with the typical home rate there almost 665,000, a report has actually exposed.
Salcombe in Devon, where the typical house deserves 539,950, came 2nd, Halifax’s Seaside Town Review discovered.
Eight of the leading 10 most costly seaside towns remained in south-west England.
The least costly was Scotland’s Port Bannatyne on the Isle of Bute, where the typical home rate is 77,132.
North Berwick has actually ended up being Scotland’s most costly seaside town , according to a Bank of Scotland report, which spokens the typical home rate there is 327,124.
Halifax utilized home rate figures from the Land Registry and the Registers of Scotland for the report, covering 196 seaside towns throughout Britain.
Padstow, Dartmouth, Fowey, St Mawes and Wadebridge in south-west England were all on the list of seaside towns with the greatest building values.
Scotland controlled the list of least pricey seaside towns. The list consisted of Port Bannatyne, Girvan, Campbeltown, Stranraer, Invergordon and Rothesay.
About 8 homes might be purchased in Port Bannatyne for the rate of a typical house in Sandbanks.
Halifax likewise discovered that home rates have actually enhanced by 440 a month usually in Britain’s seaside towns over the last years.
The typical home rate in the UK’s seaside towns has actually enhanced by 32% from 166,565 in 2006 to 219,386 in 2016.
Martin Ellis, a real estate economic expert at Halifax, spokened:” Seaside towns are extremely popular locations to live, providing in-demand surroundings, weather condition and way of life which no doubt come at a rate.
“They likewise draw in those searching for vacation buildings, which generate upward pressure on home costs.”
The 10 most costly seaside towns in Britain, according to Halifax:
Sandbanks, Dorset, 664,655 Salcombe, Devon, 539,950 Padstow, Cornwall, 443,396 Aldeburgh, Suffolk, 439,379 Lymington, Hampshire, 426,112 Dartmouth, Devon, 401,361 Fowey, Cornwall, 379,003 St Mawes, Cornwall, 373,746 Wadebridge, Cornwall, 373,351 Budleigh Salterton, Devon, 360,984
The 10 least pricey seaside towns in Britain, according to Halifax:
- Port Bannatyne, Isle of Bute, Argyll and Bute, 77,132 Newbiggin by the Sea, Northumberland, 81,259 Girvan, South Ayrshire, 91,912 Campbeltown, Argyll and Bute, 91,938 Saltcoats, North Ayrshire, 93,479 Stranraer, Dumfries and Galloway, 96,476 Invergordon, Highland, 98,673 Millport, Isle of Cumbrae, North Ayrshire, 98,742 Rothesay, Isle of Bute, Argyll and Bute, 99,005 Thurso, Highland, 99,660
Read more: http://www.bbc.co.uk/news/uk-36410720