RightMove reveals Milford and Barton among the UK’s most expensive seaside destinations to buy a home
TWO New Forest spots have been have been named among the most expensive seaside destinations to buy a home in the UK.
Analysis from property website RightMove revealed the latest trends by the coast including the cheapest and most expensive locations for both buyers and renters, plus the coastal buyer and renter search hotspots in the UK.
The results placed Milford as the third most expensive seaside destination to buy a property, with an average sale price of £764,859.
Barton was in fourth place with an average sale price of £617,793.
The report revealed the most expensive seaside location was Sandbanks in Poole, where homes sold for an average of more than £2m.
In contrast, the cheapest seaside location to buy a home is Saltcoats in Ayrshire, which costs an average of £113,395.
Rightmove property expert Tim Bannister said: “The significant increase in interest for coastal areas during the pandemic continues to influence many buyer and renter choices for where to live today, particularly with flexible working further away from traditional cities now more of an option for many people.”
Skegness in Lincolnshire was the cheapest seaside destination for renters, at an average of £659 per month, while Sandbanks in Poole topped the list of the most expensive, with an average of £2,732 per month.
The analysis also revealed the south coast is the most popular area for home-movers, with Bournemouth the most in-demand area for buyers and Southampton most popular with renters.
Would-be-buyers searched for homes in Sandown on the Isle of Wight 34% more than last year, while interest in rental properties in Scarborough in North Yorkshire increased by 39%.
♦ Most expensive for buyers:
Sandbanks, Poole, Dorset, £2,028,948
Canford Cliffs, Poole, Dorset, £1,219,804
Milford, Hampshire, £764,859
Barton, Hampshire, £617,793
Padstow, Cornwall, £616,578
♦ Cheapest for buyers:
Saltcoats, Ayrshire £113,395
Girvan, Ayrshire £121,269
Blackpool, Lancashire £147,244
Fleetwood, Lancashire £154,560
South Shields, Tyne And Wear £162,261
♦ Most expensive for renters:
Sandbanks, Dorset, £2,732
Canford Cliffs, Dorset, £2,568
Shoreham-By-Sea, West Sussex, £1,871
Brighton, East Sussex, £1,870
Poole, Dorset, £1,678
♦ Cheapest for renters:
Skegness, Lincolnshire, £659
Fleetwood, Lancashire, £685
South Shields, Tyne And Wear, £702
Cleethorpes, Lincolnshire, £713
Whitehaven, Cumbria, £719
