The Daily Echo this week published an article stating that Lymington (including Milford on Sea) has been named the fifth most expensive seaside town in Britain, with the average property selling for £426,112.
 |
| Click image to enlarge |
It was reported that three years ago the average house price in the area stood at £340,944 – with the average property now selling for £426,112.
The average cost of homes in seaside communities across the UK is said to have risen by 32-per-cent since 2006.
Sandbanks in Poole has the dearest homes at £664,655, but regional variations mean Port Bannatyne in Scotland has the cheapest at £77,132.
Sadly, this makes things even harder for local youngsters to get on the property ladder.
To read the full Daily Echo article; please click here.
 |
| Click image to enlarge |
(Research by Halifax)
1. Sandbanks, Dorset, £664,655
2. Salcombe, Devon, £539,950
3. Padstow, Cornwall, £443,396
4. Aldeburgh, Suffolk, £439,379
5. Lymington, Hampshire, £426,112
6. Dartmouth, Devon, £401,361
7. Fowey, Cornwall, £379,003
8. St Mawes, Cornwall, £373,746
9. Wadebridge, Cornwall, £373,351
10. Budleigh Salterton, Devon, £360,984
5th most expensive place to live in UK.... hence my comments to the "objectors" of the affordable homes for local people that are desperately needed!! Most people with the expensive homes here use them as holiday homes, they are not even local. So annoying.
ReplyDeleteThe only 'seaside homes' on the list are in Sandbanks, Aldeburgh and Budleigh Salterton. All the others are not sea-facing but on rivers or estuaries
ReplyDeleteAnd still the NIMBY's object to affordable homes. The New Forest is turning into a geriatric wealthy ghetto.
ReplyDelete