Oh, we do like to be beside the seaside: These are the best seaside towns to invest in property

 
Emma Haslett
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Tracey Emin Opens The New Turner Contemporary Gallery In Margate
Margate: Hipsters and property bargains (Source: Getty)

Dreaming of a life by the sea? You could do a lot worse than buy a house in Margate, new research has suggested.

Zoopla's 2016 Seaside Property League said house prices in the town - which has become a haven for London hipsters after the opening of its Turner Contemporary gallery - have risen 12.5 per cent since July 2015.

That was followed by Grange-over-Sands in Cumbria, where values have risen 10.6 per cent since this time last year, while in Walton on the Naze, in Essex, values have risen just over 10 per cent.

Read more: The best seaside towns to live in Britain

SEASIDE PROPERTY LEAGUE TOP 10

1. Margate, Kent - up 12.5%

2. Grange-over-Sands, Cumbria - up 10.6%

3. Walton on the Naze, Essex - up 10%

4. Felixstowe, Suffolk - up 9.6%

5. Porthcawl, Wales - up 7.6%

6. Llandudno, Wales - up 7.6%

7. Ramsgate, Kent - up 7.2%

8. Hastings, Sussex - up 7%

9. Hayling Island, Hampshire - up 6.8%

10. Southend-on-Sea, Essex - up 6.8%

"Margate's [surge] is likely a result of the large amounts of regeneration funding the town has received in the past decade – in particular the Turner Gallery opening in 2011 and its Dreamland theme park re-opening last year," said Zoopla spokesman Lawrence Hall.

"If you’re considering investing in a beach front property, you should consider those resorts receiving government investment – it does have a positive impact on property values”."

Meanwhile, areas at the bottom of the list include Cleethorpes in Lincolnshire, where values have fallen 5.5 per cent since last July, and Cruden Bay in Aberdeen, where values are down 4.6 per cent (down to the falling popularity of the seaside, perhaps?).

That said, Margate has some way to go before it hits the heady heights of its seaside rivals. The highest-value properties were in Salcombe, in Devon, where the average price hit £598,230, while in Aldeburgh prices are around £490,182. Cornwall, meanwhile, doesn't appear in the list - which could be down to some of its towns' decisions to limit the sale of holiday homes.

If you're looking for a seaside bargain, though, head to Saltcoats in Scotland, where prices are £109,109, while in Blackpool, you can bag a property for £114,443.

Changing face of the seaside: Top and bottom-valued coastal towns

Highest value

Lowest value

Salcombe, Devon £598,230 Saltcoats, Scotland £109,109
Aldeburgh, Suffolk £490,182 Blackpool, Lancashire £114,443
Southwold, Suffolk £434,618 Blyth, Northumberland £120,775
Lyme Regis, Dorset £402,634 Cleethorpes, Lincolnshire £126,331
Brighton, Sussex £368,782 Kilchattan Bay, Scotland £130,846
North Berwick, Scotland £364,306 Rhyl, Wales £134,577
Port Isaac, Cornwall £356,962 Morecambe, Lancashire £136,063
Sidmouth, Devon £352,896 Girvan, Scotland £138,094
Woolacombe, Devon £347,507 Saltburn-by-the-sea, Yorkshire £140,396
Swanage, Dorset £330,901 Fairbourne, Wales £141,576

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