The value of properties in seaside towns across the UK has increased by 32% over the last decade, according to the Halifax Seaside Town Review
Capital growth far outpacing national average
This is notably higher than the UK average of 23.58% (Nationwide Building Society), which equates to a capital gain of £53,000 over the last decade. This is a testament to the desirability of properties in prime beachside locations.
“Seaside towns are highly popular places to live, offering sought after scenery, weather and lifestyle which no doubt come at a price. They also attract those looking for holiday properties, which add upward pressure on house prices, which our research shows have increased by an average of £440 per month since 2006.”
– Martin Ellis, Housing Economist, Halifax
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