While much of the English coast conjures up images of rainy weather and cold waters, new research suggests that houses with a view of the sea are likely to fetch nearly £70,000 more than those without one nearby.
Data from Rightmove has found that properties under £1m in seaside towns with a sight of the water will sell on average for 29 per cent more than other homes in the area.
The national average asking price of a home with a sea view is £304,702, compared to £236,070 for a home without one.
The highest price premium is in Felixstowe in Suffolk, where a sea view could attract a 57 per cent premium, or over £143,000, more than those without one.
|Most expensive towns with a sea view|
1. Hove, East Sussex – £481,826
2. Broadstairs, Kent – £456,041
3. Poole, Dorset – £452,149
4. Hythe, Kent – £447,456
5. Whitstable, Kent – £429,857
Miles Shipside, Rightmove director and housing market analyst, said: "Homes in prime positions by the sea are in a virtuous circle as previous owners are likely to have invested more in the property because they could see future potential gains."
Shipside added: "The local housing markets in these seaside towns around Great Britain vary significantly, but in all areas those with a sea view offer a financial advantage to home owners looking for a buyer possibly wanting to retire or use as a holiday home."
Steve Scott, partner at Scott Beckett Estate Agents in Felixstowe, said: “The regeneration of the seafront in recent years and some new luxury developments being built have pushed up house prices here, especially for homes that offer the prestige of a sea view. We’ve sold apartments along the seafront for over £600,000, often to people looking to retire or those wanting to secure one now and use as a holiday home until they retire."