Seaside Towns in Merseyside and Wales Lead UK House Price Growth
New Rightmove data shows ten coastal locations posted year-on-year price gains between 6 and 11 percent. National average asking prices fell 0.3 percent over the same period to £378,304.
The IndependentSeaside towns in Merseyside and Wales recorded the largest year-on-year increases in average asking prices among roughly 100 UK coastal areas analyzed by Rightmove. Bootle posted the highest rise at 11 percent, bringing its average to £141,680. Crosby followed with a 9 percent increase to £330,900.
Penarth in South Glamorgan rose 8 percent to £433,081, the only location among the top ten to exceed the national average. Llantwit Major also recorded an 8 percent gain, reaching £340,033. Llanelli, Wallasey, and Bangor each advanced 7 percent.
3 percent from the previous year. Rightmove stated that 80 percent of the seaside areas examined had averages below the national figure. Sandbanks in Dorset remained Britain’s most expensive seaside location at £1,119,945. The ten cheapest coastal towns included Peterlee at £120,657 and Grimsby at £133,706.
“The fastest-growing seaside markets this year show that demand for coastal homes remains resilient, even as overall price growth across the UK stays more modest.”
Key Facts
Potential Impact
- 01
Buyers may consider additional coastal towns within lower price bands.
- 02
Local estate agents could see increased listing activity in the highlighted towns.
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