Sandbanks in Poole, Dorset is the most expensive coastal space in Great Britain.
That’s in response to new information from Rightmove, which reveals that the luxury postcode has a median asking value of £1,282,565 – over 3 times extra expensive than the nationwide common (£378,240).
Canford Cliffs in Poole is available in second place, with a median asking value of £974,635, whereas Milford-on-Sea in Hampshire is the third priciest seaside location (£728,460).
Across the highest 50 most expensive coastal areas, common asking costs have dropped by 1%, whereas purchaser demand has risen by 8% in comparison with final 12 months
Top 10 most expensive seaside spots in Great Britain
1. Sandbanks, Poole – £1,282,565 (-3% YoY)
2. Canford Cliffs, Poole – £974,635 (-9% YoY)
3. Milford-on-Sea, Hampshire – £728,460 (+1% YoY)
4. Lymington, Hampshire – £639,316 (-2% YoY)
5. Budleigh Salterton, Devon – £535,761 (0% YoY)
6. St. Ives, Cornwall – £507,139 (-2% YoY)
7. Dartmouth, Devon – £500,006 (+4% YoY)
8. Sidmouth, Devon – £494,811 (-5% YoY)
9. Whitstable, Kent – £469,586 (-2% YoY)
10. Hythe, Kent – £466,898 (0% YoY)
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Cheapest seaside spots
Saltcoats in Ayrshire, Scotland is the most affordable coastal space with a median asking value of £122,208, and costs have additionally risen quickest on this space in contrast with final 12 months (+13%).
Peterlee in County Durham is an in depth second (£122,246), and Ashington in Northumberland is third (£135,050).
Top 10 most inexpensive seaside spots in Great Britain
1. Saltcoats, Ayrshire – £122,208 (+13% YoY)
2. Peterlee, County Durham – £122,246 (+6% YoY)
3. Ashington, Northumberland – £135,050 (+4% YoY)
4. Bootle, Merseyside – £135,208 (+3% YoY)
5. Grimsby, Lincolnshire – £142,072 (0% YoY)
6. Blackpool, Lancashire – £142,804 (0% YoY)
7. Fleetwood, Lancashire – £148,101 (+1% YoY)
8. Birkenhead, Merseyside – £149,527 (+2% YoY)
9. Blyth, Northumberland – £153,487 (+1% YoY)
10. Workington, Cumbria – £158,956 (0% YoY)
Colleen Babcock, property professional at Rightmove provides, “Sandbanks now stands out as the one seaside spot with a median asking value of over the million-pound mark.
By distinction, lower-priced seaside spots like Saltcoats and Peterlee provide home-movers a sea view at a fraction of the worth, with common asking costs over 1 / 4 of 1,000,000 kilos beneath the nationwide common.”