Latest news with #coastalproperties
Daily Mail
2 days ago
- Business
- Daily Mail
Seaside house prices have plummeted by 20%. Now property experts reveal why... and share incredible bargains with up to £500k off in beautiful towns such as Salcombe, Aldeburgh and Padstow
We're approaching that time of year when, with any luck, the sun shines brightly for more than just a few days and thoughts of owning a home in striking distance of the coast loom large. But, this Spring, there's a difference. Whereas in the past, prices of coveted coastal properties were going through the proverbial roof, today they are falling - off a cliff - and it means there's more choice than ever.
Yahoo
26-05-2025
- Business
- Yahoo
Sandbanks named most expensive seaside location in UK
Sandbanks has been named the most expensive coastal location in Britain. The Dorset peninsula topped the list of costly seaside spots with an average property price of £965,708. Despite a 3 per cent drop from last year, the average price in Sandbanks remains significantly higher than any other seaside location. The latest research from Lloyds Bank reveals that the nationwide average for a seaside home is £295,991, indicating that Sandbanks is more than three times as expensive as the average. The study tracked house price movements across 197 coastal locations in the UK, based on data from the Land Registry and Registers of Scotland. Salcombe in Devon came second on the list, with an average house price of £826,159, while Padstow in Cornwall was third with £715,974. Aldeburgh in Suffolk was fourth with £619,693. READ MORE: Sandbanks eco-home outcome to be decided in council meeting Sandbanks tops list as Britain's most expensive coastal location at £965kSandbanks is known for its golden beaches, high-end properties and vibrant dining and nightlife scene. In contrast, Campbeltown in Scotland was revealed to be the cheapest coastal spot, with an average property price of £103,078. This makes it almost ten times cheaper than Sandbanks. Scotland dominated the list of most affordable coastal towns, with Rothesay, Millport, and Port Bannatyne all boasting average property prices under £120,000. Outside Scotland, the least expensive location in England is Newbiggin-By-The-Sea in the North East, while in Wales it is Prestatyn. The research also revealed that the housing market in coastal locations across Britain was worth around £21 billion last year. Despite a 1 per cent decrease in average coastal property prices last year, they have increased by 18 per cent over the past five years. In premium locations, this increase is as high as 37 per cent, adding £168,408 to the cost of a typical high-end coastal home. The biggest rise over this period was seen in St Mawes in the South West, where property prices shot up by 68 per cent, adding £222,602 to the cost of the typical property. Plymouth saw the highest number of transactions, at 3,258, followed by Bournemouth with 2,195. Brighton saw the highest combined value of coastal home purchases last year, with deals totalling just over £927 million.
Yahoo
23-05-2025
- Yahoo
9 coastal homes a stone's throw from the beach
When the sun comes out there's no better place to be than beside the seaside – ideally unwinding on a beautiful beach. Whether you're relocating within the UK or hunting for a holiday home abroad, check out these coastal properties, each with a beach in easy reach. A new community of spacious two- and three-bedroom villas in a pretty fishing village just over an hour from Faro airport. They are suitable for use as permanent residences or second homes and hug a hillside that gently slopes down to a sandy beach. All have balconies and terraces, and amenities include a swimming pool with children's section, a playground, padel courts and an outdoor gym. By Kronos Homes. B-listed Holborn Head Lighthouse was constructed in 1862 and originally comprised two keepers' flats with a tower and its warning light above. It ceased operating in 2003 and three years later was bought by the current owners who converted it into a unique home looking out over Scrabster beach and harbour and towards Orkney. Three bedrooms and two bathrooms are on the ground floor, a living, living and dining room occupy the first floor, and the three-storey tower contains an office, observatory and external viewing platform. Through Galbraith. Read more: 9 apartments with impressive outside space Spinnakers is a modern art deco-inspired house a short walk from the village's sandy beaches. The main living areas are on the first floor to maximise the panoramic views of St Michael's Mount and out to sea, and it has three ground floor bedrooms, a self-contained annex in the basement, and a fabulous roof terrace with tons of room for socialising and a contemporary pod for shelter. Get in touch with Rohrs & Rowe. Set against a backdrop of mountains and overlooking Cardigan Bay, Plas Tanwg has direct access to Llandanwg beach where there's a family-run café. The contemporary crescent-shaped house incorporates four bedrooms suites, a one-bedroom annex and a vast open plan kitchen, living and dining area with wall-to-wall bifold doors. Find out more from Jackson-Stops. This three-bedroom apartment is on the top floor of a purpose-built block with direct access to three and a half miles of golden beach at Saunton Sands. It includes three double bedrooms, two bathrooms, a sleek kitchen and an open plan living area with three sets of double doors opening on to a full-width balcony. The shower and dog-washing area in the garden are bound to be very useful. Via Knight Frank. Read more: 8 luxury homes for big-budget buyers You're unlikely to find a home closer to the shoreline than this roomy villa, part of a terrace with its own stretch of private beach which only residents can use. Completely refurbished using natural materials throughout, the house features a grand entrance hall, four bedrooms and a 40-foot long all-in-one kitchen, living and entertaining area. Full height sliding doors lead out to a wide beach-level deck and you can watch the sun setting over the sea from the rooftop terrace. Through Fine & Country. Once the home of entertainer Max Bygraves, Panaroma House sits on a clifftop on the edge of Sandbanks, Britain's priciest coastal location. The 7,300 of living space includes seven bedrooms, six bathrooms, three reception rooms, cinema and games room, and the garden contains several areas for sitting and enjoying the views. A footpath moments from the front door winds down to the promenade and its Blue Flag sandy beaches, though it's a steep climb up. From Savills. Read more: 9 celebrity homes with star quality The largest villa in an exclusive gated resort on the island where the third series of The White Lotus was filmed. Overlooking a coral cove, it has eight bedrooms, huge open plan living spaces and an infinity pool and comes fully furnished. Residents have use of a private beach and services such as chefs, personal trainers and yoga instructors if required. For more information Visit Samujana. Privacy and proximity to the sea are among the many attractions of Villa Monte Carlo, built in a prime location in a village known for its crystal clear waters, beach and snorkelling. This traditional Mediterranean-style house is fully geared up for indoor/outdoor living and a steady stream of visitors, incorporating expansive entertaining areas, south-facing terraces, a swimming pool and a bathing platform. With a main bedroom suite, three guest suites and a second floor tower room that could be used as a study or extra bedroom, it sleeps at least 10 people in the lap of luxury. Via Engel & Volkers. Read more: The world's 10 best cities to live in revealed How to choose where to live as you get older The pros and cons of getting a mortgage into your 70s
Yahoo
23-05-2025
- Yahoo
9 coastal homes a stone's throw from the beach
When the sun comes out there's no better place to be than beside the seaside – ideally unwinding on a beautiful beach. Whether you're relocating within the UK or hunting for a holiday home abroad, check out these coastal properties, each with a beach in easy reach. A new community of spacious two- and three-bedroom villas in a pretty fishing village just over an hour from Faro airport. They are suitable for use as permanent residences or second homes and hug a hillside that gently slopes down to a sandy beach. All have balconies and terraces, and amenities include a swimming pool with children's section, a playground, padel courts and an outdoor gym. By Kronos Homes. B-listed Holborn Head Lighthouse was constructed in 1862 and originally comprised two keepers' flats with a tower and its warning light above. It ceased operating in 2003 and three years later was bought by the current owners who converted it into a unique home looking out over Scrabster beach and harbour and towards Orkney. Three bedrooms and two bathrooms are on the ground floor, a living, living and dining room occupy the first floor, and the three-storey tower contains an office, observatory and external viewing platform. Through Galbraith. Read more: 9 apartments with impressive outside space Spinnakers is a modern art deco-inspired house a short walk from the village's sandy beaches. The main living areas are on the first floor to maximise the panoramic views of St Michael's Mount and out to sea, and it has three ground floor bedrooms, a self-contained annex in the basement, and a fabulous roof terrace with tons of room for socialising and a contemporary pod for shelter. Get in touch with Rohrs & Rowe. Set against a backdrop of mountains and overlooking Cardigan Bay, Plas Tanwg has direct access to Llandanwg beach where there's a family-run café. The contemporary crescent-shaped house incorporates four bedrooms suites, a one-bedroom annex and a vast open plan kitchen, living and dining area with wall-to-wall bifold doors. Find out more from Jackson-Stops. This three-bedroom apartment is on the top floor of a purpose-built block with direct access to three and a half miles of golden beach at Saunton Sands. It includes three double bedrooms, two bathrooms, a sleek kitchen and an open plan living area with three sets of double doors opening on to a full-width balcony. The shower and dog-washing area in the garden are bound to be very useful. Via Knight Frank. Read more: 8 luxury homes for big-budget buyers You're unlikely to find a home closer to the shoreline than this roomy villa, part of a terrace with its own stretch of private beach which only residents can use. Completely refurbished using natural materials throughout, the house features a grand entrance hall, four bedrooms and a 40-foot long all-in-one kitchen, living and entertaining area. Full height sliding doors lead out to a wide beach-level deck and you can watch the sun setting over the sea from the rooftop terrace. Through Fine & Country. Once the home of entertainer Max Bygraves, Panaroma House sits on a clifftop on the edge of Sandbanks, Britain's priciest coastal location. The 7,300 of living space includes seven bedrooms, six bathrooms, three reception rooms, cinema and games room, and the garden contains several areas for sitting and enjoying the views. A footpath moments from the front door winds down to the promenade and its Blue Flag sandy beaches, though it's a steep climb up. From Savills. Read more: 9 celebrity homes with star quality The largest villa in an exclusive gated resort on the island where the third series of The White Lotus was filmed. Overlooking a coral cove, it has eight bedrooms, huge open plan living spaces and an infinity pool and comes fully furnished. Residents have use of a private beach and services such as chefs, personal trainers and yoga instructors if required. For more information Visit Samujana. Privacy and proximity to the sea are among the many attractions of Villa Monte Carlo, built in a prime location in a village known for its crystal clear waters, beach and snorkelling. This traditional Mediterranean-style house is fully geared up for indoor/outdoor living and a steady stream of visitors, incorporating expansive entertaining areas, south-facing terraces, a swimming pool and a bathing platform. With a main bedroom suite, three guest suites and a second floor tower room that could be used as a study or extra bedroom, it sleeps at least 10 people in the lap of luxury. Via Engel & Volkers. Read more: The world's 10 best cities to live in revealed How to choose where to live as you get older The pros and cons of getting a mortgage into your 70sError while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Daily Mail
07-05-2025
- Business
- Daily Mail
Seaside house prices tumble as end of the WFH era lures buyers back to city suburbs
Coastal locations that were hot property during the pandemic have seen house prices fall back down to earth, as buyers going back to the office now favour affordable suburbs. Outside of the niche central London property market, the locations with the biggest price falls since the housing market peak in late 2022 are nearly all by the sea, according to data from estate agent Hamptons. This includes Hastings, where house prices grew by nearly a third between the second half of 2019 and the second half of 2022, peaking at £278,060. This was impacted by the 'race for space' trend during the pandemic, when successive lockdowns encouraged some buyers to seek homes with extra space. The three areas with the biggest price falls since the pandemic housing market peak are in central London – the City of London, Westminster, and Kensington and Chelsea, according to data from estate agent Hamptons. But these enclaves suffered due to an array of specific factors affecting the super-wealthy, including higher taxes on second homes and the abolition of non-dom tax status. The Covid pandemic saw a rush of buyers newly able to work from home seizing the opportunity to move further away from towns and cities, often prioritising country and coastal locations which were closer to nature. Now, though, many workers are being asked to attend the office more regularly - which means out-of-the-way locations are less practical. The change may also be down to additional costs for second home owners. Buyers will have to contend with higher stamp duty on second home purchases, a policy announced in the Autumn Budget, while those who already own a second home could see their council tax bill double. Prices in Hastings fell by 8 per cent to £209,760 between 2022 and 2024, according to Hamptons. Those who own homes there haven't seen all their gains wiped out, though, as prices are still up 22 per cent compared to 2019. In Thanet, home to hipster hotspot Margate as well as popular seaside resorts Ramsgate and Broadstairs, prices rocketed by nearly 27 per cent between the second half of 2019 and the second half of 2022 to reach £298,040. Since then though, they have fallen back by 7.4 per cent to £276,050 – though buyers will still have made a 20 per cent gain. Torridge in North West Devon has also seen price falls. The coastal district, which includes the towns of Bideford and Great Torrington, saw average prices peak at £297,010 at the end of 2022, having surged by 33.2 per cent during the pandemic. They have since fallen by 7.4 per cent to £275,130. Eastbourne, Hertsmere, Torbay and Worthing rounded out the top ten price fallers, with Hetfordshire's Hertsmere the only one of these locations not on by the sea. There are beach towns which have continued to grow – though they haven't maintained their pandemic momentum. Neath Port Talbot in Wales has had the largest overall price growth of any coastal 'race for space' location between 2019 and 2024. It saw growth of 36.2 per cent in 2019-22, followed by growth of 2.5 per cent between 2022 and 2024, meaning prices now sit at £154,970. Convenient commutes see city suburbs boom While they may be less aesthetically appealing than the coast, Hamptons data shows that the suburbs of big cities such as Manchester, Liverpool and Birmingham are among today's biggest house price risers. Many of these areas offer quick car or train commutes in to the city centre - helpful for those who are back in the office every day. The data also revealed a focus on more affordable areas, with many of the places on the list having house prices well below the national average of around £268,000. In 2023-24, Manchester's M8 postcode saw the biggest house price rise of any city location, rising 16 per cent to £207,900. It is to the north of the city centre and includes Crumpsall and Cheetham Hill. Popular: Manchester's Crumpsall is one of the biggest house price risers of 2023-24 Liverpool's L27 postcode witnessed a 14.2 per cent jump from £131,320 to £149,920. It covers Netherley, a suburb to the south east of the city centre. Leeds' LS2 district, which covers the city centre and Woodhouse neighbourhood, saw a 13 per cent rise to £171,730 which meant properties added just shy of £20,000 of value across the year. Birmingham's B6 postcode, which takes in Aston, Birchfield and Witton and is the home of the Villa Park stadium, saw the fourth-largest price rise of any city postcode at 11.1 per cent according to Hamptons. This meant properties increased in value from £151,020 to £167,760. Best mortgage rates and how to find them Mortgage rates have risen substantially over recent years, meaning that those remortgaging or buying a home face higher costs. That makes it even more important to search out the best possible rate for you and get good mortgage advice. Quick mortgage finder links with This is Money's partner L&C > Mortgage rates calculator > Find the right mortgage for you To help our readers find the best mortgage, This is Money has partnered with the UK's leading fee-free broker L&C. This is Money and L&C's mortgage calculator can let you compare deals to see which ones suit your home's value and level of deposit. You can compare fixed rate lengths, from two-year fixes, to five-year fixes and ten-year fixes. If you're ready to find your next mortgage, why not use This is Money and L&C's online Mortgage Finder. It will search 1,000's of deals from more than 90 different lenders to discover the best deal for you.
