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UK Coastal Price Divide Widens as Top-Tier Prices Slip and Northern Markets Surge

July data from Rightmove reveal annual price falls in Sandbanks and Canford Cliffs, with Scottish and northern seaside towns posting the fastest growth on rising buyer demand.

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Overview

  • Sandbanks remains the priciest seaside town at an average £1,282,565 asking price, down 3% from last year.
  • Canford Cliffs ranks second with an average asking price of £974,635, reflecting a 9% annual fall.
  • Across the 50 most expensive coastal areas, average prices have dipped 1% despite buyer demand climbing 8% year-on-year.
  • Affordable markets like Saltcoats and Peterlee lead growth with 13% and 6% gains respectively, outpacing national averages.
  • Long-term coastal values rose 18% between 2019 and 2024 before new tax levies on second homes and holiday lets cooled high-end markets.