Which British seaside holiday resort has the highest house prices?
The usual answer people give is Sandbanks near Poole, regularly dubbed ‘millionaires row’. But new research shows Sandbanks has dropped to second place, with Salcombe in Devon now the most expensive seaside town.
According to the Halifax house prices in seaside towns have risen by an average of 42% since 2004; equivalent to £500 per month. The average seaside home in Great Britain is now worth £196,826, well above the national average.
The research shows that ...