Lymington property prices make it fifth most expensive seaside location in the country

Annual review reveals Lymington amongst Sandbanks, Salcombe and Padstow

Lymington cobbled Quay StreetAccording to the Halifax Seaside Town Review, the average price of property in Lymington is £426,112, whilst the UK's most expensive coastal houses are (unsurprisingly) in Sandbanks (£664,655). Eight of the top 10 most expensive seaside towns were in south-west England.

 

Halifax found that average house prices on the coast have gone up by £440 a month over the past ten years. On average property prices have increased by 32 per cent from £166,565 in 2006 to £219,386 in 2016. Halifax used house price figures from the Land Registry and the Registers of Scotland for the report, covering 196 seaside towns across Britain.

 

Lymington Town QuayThe 10 most expensive seaside towns in Britain, according to Halifax:

  1. Sandbanks, Dorset, £664,655
  2. Salcombe, Devon, £539,950
  3. Padstow, Cornwall, £443,396
  4. Aldeburgh, Suffolk, £439,379
  5. Lymington, Hampshire, £426,112
  6. Dartmouth, Devon, £401,361
  7. Fowey, Cornwall, £379,003
  8. St Mawes, Cornwall, £373,746
  9. Wadebridge, Cornwall, £373,351
  10. Budleigh Salterton, Devon, £360,984

 

The least expensive was Scotland's Port Bannatyne on the Isle of Bute, where the average house price is £77,132. In fact, Scotland dominated the list of least expensive seaside towns. About eight properties could be bought in Port Bannatyne for the price of an average home in Sandbanks.

 

Lymington River entrance at sunset