This is England’s most exclusive seaside town
News Article Published: 01/06/2017
Sandbanks in Dorset, Britain’s Mayfair-on-Sea, has again been named the most expensive seaside town in the country, according to data from mortgage lender Halifax.
The average price of a home on the peninsula – home to former Premier League managers and millionaire businessmen – is just more than £664,000.
Next in price is sailing hotspot of Salcombe, further along the south coast in Devon. Here the average house price is £618,000.
However, the data also revealed that the price of a sea view is lagging behind the wider UK housing market. House prices in Britain’s seaside towns have jumped by a quarter over the past decade to an average of £227,000 compared with £181,000 in 2007. At a wider national level, however, prices have risen 30% to £266,000.
Here are the most expensive seaside towns, with the average house price in 2017, according to Halifax:
1. Sandbanks, South West, £664,051
2. Salcombe, South West, £617,743
3. Aldeburgh, East Anglia, £526,689
4. Lymington, South East, £441,357
5. Padstow, South West, £422,916
6. Dartmouth, South West, £391,775
7. East Wittering, South East, £384,434
8. Brighton, South East, £374,622
9. Shoreham by Sea, South East, £373,056
10. Bigbury on Sea, South West, £372,105
Content correct at time of publication