Properties in seaside towns are likely to have risen higher in value compared with the regional average over the last three years, suggests research by Halifax.
According to statistics looking at more than 100 seaside towns, Halifax says three quarters of homes have risen beyond the regional average because many people are prepared to pay a premium for living beside the sea. Homes in the South West dominate the most expensive properties league table, as prices have risen by more than 144% to £267,445 for the average property in Padstow, Cornwall at the top of the table. Top 10 Seaside Towns Largest Increases 2001 - 2004 Post Town Region Average Price Increase Q2 2001 Q2 2004 £ ...
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