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Yearly Coastal Home Prices Dip 1% as Five-Year Gains Reach 18%

Tax changes drive modest price falls in high-end seaside markets despite long-term growth

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Overview

  • The average price of a UK coastal home fell 1% year-on-year to £295,991 in 2024.
  • Coastal property values have climbed 18% overall since 2019, with premium locations surging by as much as 37%.
  • Sandbanks remains Britain’s priciest seaside spot at £965,708 despite a 3% drop linked to higher levies on second homes and holiday lets.
  • Scotland offers the most affordable coastal markets, led by Campbeltown where the average home costs £103,078.
  • Britain’s coastal housing sector was worth around £21 billion in 2024, underscoring sustained demand despite recent cooling.