The seaside property hotspot of the year has been announced – and the coveted top spot goes to Broadstairs in Kent. The charming town has maintained a sense of vintage charm, and its close links with famous author Charles Dickens has kept families coming back for decades. In recent times, the area has seen the average value of a property surge by 10.45%, cementing its position as the coastal property hotspot of the UK.
In a study by Zoopla, which analysed average property prices across Britain’s most popular seaside resorts and towns, Broadstairs was just ahead of Walton-on-the-Naze (which saw an average increase of 9.43%), Sidmouth (an increase of 7.51%), Penzance (6.99%) and last year’s winner, Margate (which still achieved an impressive increase of 6.86%).
You may notice that all of these locations are situated in the south of England – just one northern town managed to make the list: Blyth in Northumberland, which landed at eighth on the list. The town has made the most of a boom in interest after being chosen as the filming location for the popular ITV detective series, Vera. Average property prices grew by 5.64% in the year leading up to June 2017.
It seems that TV series have played an important role in dictating property prices – Port Isaac in Cornwall, the filming location for Doc Martin, came in fifth on the list of seaside town with the highest property values. Above it on the list were Lyme Regis, Southwold, Aldeburgh and Salcombe – again, all destinations located in the south of England. The excellent weather and links with cities like Cardiff and London have certainly helped the property markets in these coastal towns.
At the opposite end of the spectrum, the Aberdeenshire towns of Collieston and Cruden Bay came out bottom in terms of house price movement. If you’re looking to snap up a bargain seaside property, prices here fell by 4.79% over the last year. Whitby was a close second with a fall of 4.49%, and North Berwick noted a 4.41% decline.
Saltcoats in Scotland has also emerged as a place for bargain hunters – the average seaside property there costs just £110,761. Blackpool surprisingly, came second on the list, with the average house in the area valued at £120,239. With Cleethorpes and Kilchattan Bay following close behind, it seems that the north west of England and some of Scotland’s coastal areas as prime spots to snap up a very cheap property.