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News: House prices in UK seaside towns increase by a third in a decade

House prices capital growth UK seaside towns
Jun 12, 2016

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.

Westward Ho!

“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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