- Sandbanks in Dorset is Britain’s most expensive seaside town with average prices of £929,187, up 10% on 2020
Salcombe, Devon, 2020’s most expensive location is in second place with an average price of £912,599
The South West of England dominates the Top 10 most expensive seaside towns list
The average British seaside home costs £287,087, up 8%
Our ongoing love affair with living by the sea shows few signs of abating, according to recent figures from Halifax.
Homes on the coast have long attracted a premium price, and this was no different in 2021, with the move towards working from home being an ongoing influence is where people choose to live.
The average seaside home cost £287,087, up 8% on the previous year, while Margate in Kent reportedly saw the greatest 10-year rise, up 98% to an average of £282,734. This is according to Halifax.
The seaside towns that attract the highest prices overall are dominated by locations across the south coast, with Sandbanks in Dorset taking the title of most expensive seaside town from last year’s winner, Salcombe in Devon. Both towns have average house prices of over £900,000.
Del Grant, owner of Grants Removals and Storage Ltd, says: “Over the last few years we have moved lots of people from London and Surrey to be closer to the sea. At one point last year we were moving nearly 30% of our customers to places like Bournemouth, Brighton and Margate.”
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