The average price of a home by the sea in Britain has jumped by more than £22,000 in two years. The boom was boosted by the switch to home working during the pandemic, according to a report.
Lending giant Halifax said the average value of a British seaside property rose to £287,087 last year, up 8% or £22,082 from 2020. Sandbanks in Dorset was the most expensive seaside town, with average prices surging 10% year-on-year to £929,187, an analysis of Land Registry house price data showed.
It was followed by Salcombe in Devon, down from pole position in 2020, with a typical property costing £912,599. South-west England dominated the rankings.
