Britain's most affordable seaside towns caught in a wave of house price rises
06-02-2015
If Salcombe's out of reach, here are the up-and-coming seaside towns in the south of England
By Anna White, Property correspondent
The seaside town of Portslade - nestled between Brighton and Shoreham-on-Sea - has been named as the most affordable coastal spot for savvy buyers, with 44.2pc house price growth over the last decade.
Seaside huts that span Southwold beach - bu there are more affordable alternatives out there. Photo: © eye35.pix / Alamy
Analysts from the property group Savills have studied south coast towns in England with an average sale price in 2014 of less than £250,000 and earmarked those that have seen the biggest rise in the past 10 years - an indicator that these places are on the way up.
As the popular retreats such as Salcombe become more unaffordable - with an average house price of £658,330 - Savills said that Kent is becoming "the talked about region for seaside living" with Deal and Ramsgate leading the next wave of British coastal towns.
These sleepy seaside spots can be rejuvinated by a group of like-minded people moving there, said Sophie Chick, analyst at Savills, said: "Many of the beautiful towns such as Salcombe have now become unaffordable for many but Kent offers good value and house prices rises show the area is in the first phase of taking off."
The rising tide of house prices
A tiny cottage in Salcombe, Devon compared to a five-bedroom home in Millbrook, Cornwall - both on the market for £675,000.
A terraced house in Padstow - home to Rick Stein's restaurant empire, and a spacious new-build in Hastings. Both on the market for around the £250,000 mark.