Since the Covid-19 pandemic started, there has been strong demand for homes in coastal areas. This demand has often outstripped supply, which has contributed to the rising asking prices experienced throughout 2021 and currently in 2022.
According to online property portal Rightmove, across all seaside locations in Great Britain, asking prices are up 13.9% on average compared to last year, outpacing the national average of 9.9%.
Competition for homes in seaside locations during the last year has meant the pace of the market has increased. READ MORE: Stunning period farmhouse overlooking famous Welsh mountains for sale for first time in a century
