Budleigh Salterton, Sidmouth and Lyme Regis have been named among the 10 coastal towns with the highest property prices in Great Britain.
Analysis by Rightmove found the average house prices were £542,005 in Budleigh Salterton, £521,932 in Lyme Regis and £501,099 in Sidmouth. The three towns were seventh, eighth and ninth on the list.
The most expensive location is Sandbanks in Poole, Dorset, with an average price tag of nearly £1.6 million.
Tim Bannister, Rightmove’s property expert, said: “Whilst the pandemic-driven surge for seaside areas has calmed down and reversed back to more normal levels, areas around Great Britain’s coast continue to be popular with many people.
“Particularly at this time of year, many people consider what a home by the sea and away from the hustle and bustle of a city could look like, or perhaps explore estate agents’ windows while on holiday.”
Rightmove also looked at the least expensive seaside locations to buy a home, and found that Saltcoats in Ayrshire, Scotland, was the best value, with an average price of £114,365.
Here are the top ten most expensive coastal locations in Rightmove’s report:
1. Sandbanks, Dorset, £1,582,331
2. Canford Cliffs, Dorset, £1,242,181
3. Milford On Sea, Hampshire, £751,442
4. Padstow, Cornwall, £678,058
5. Lymington, Hampshire, £603,312
6. Barton On Sea, Hampshire, £562,609
7. Budleigh Salterton, Devon, £542,005
8. Lyme Regis, Dorset, £521,932
9. Sidmouth, Devon, £501,099
10. Sandgate, Kent, £495,009
And here are the 10 least expensive areas:
1. Saltcoats, Ayrshire, £114,365
2. Easington, County Durham, £122,520
3. Peterlee, County Durham, £124,593
4. Ashington, Northumberland, £132,660
5. Bootle, Merseyside, £133,197
6. Grimsby, Lincolnshire, £135,951
7. Girvan, Ayrshire, £139,547
8. Maryport, Cumbria, £140,437
9. Workington, Cumbria, £141,765
10. Hartlepool, County Durham, £146,674
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