Buyers will pay 33% more for seafront properties

Properties located directly on the seafront attract a price premium of 33%, according to new research.

A study of 30 prime seaside locations, carried out by Jackson-Stops, found that all seafront homes were more expensive than comparable properties in the wider area by an average of 33%.

Aldeburgh in Suffolk commands the highest seafront premium at 89%, while the top three is made up by Padstow in Cornwall (70%) and Torquay in Devon (69%).

Other areas with impressive seafront premiums are Bournemouth in Dorset, Heswall in Cheshire and Southwold, also in Suffolk.

Top 10 seaside locations with the largest seafront house price premium:

Ranking

Area

Average house price in the area for 3+ bed (£)

Average house price on the seafront for 3+ bed (£)

Premium 

1

Aldeburgh, Suffolk

344,000

650,000

89%

2

Padstow, Cornwall

381,000

650,000

70%

3

Torquay, Devon

269,000

455,000

69%

4

Bournemouth, Dorset

354,000

592,000

67%

5

Heswall, Cheshire

354,000

592,000

67%

6

Southwold, Suffolk

650,000

1,050,000

62%

7

Tenby, Pembrokeshire

291,000

463,000

59%

8

Lymington, Hampshire

600,000

888,000

48%

9

Sandbanks, Dorset

1,636,000

2,300,000

41%

10

Bude, Cornwall

349,000

475,000

36%

“Owning a sea-front home with uninterrupted waterside views or access to the beach has long been an aspiration for the British buyer,” says Nick Leeming, Jackson-Stops’ chairman.

“The lifestyle benefits associated with living by the seaside means that waterside homes will often generate a strong price premium, regardless of their distance from the beach.”

“There is something very special about being able to look out of your kitchen window or step outside your front door and be immediately greeted by sandy beaches and the rippling of the tide,” he adds.

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Written by: Houseladder