Sea View Homes Command Up to £220,000 More, Rightmove Data Shows
UKPulse Property Desk
Properties with a sea view in coastal towns are reportedly commanding up to £220,000 more, according to Rightmove's analysis of asking prices.
- Homes with a sea view can cost up to £220,000 more.
- The price tag for sea view properties has reportedly increased by over a quarter in the last seven years.
- Rightmove probed asking prices in seaside towns for this analysis.
New data from Rightmove indicates that homes offering a sea view in coastal towns are priced significantly higher, potentially costing buyers up to £220,000 more. This premium reflects a willingness among buyers to pay more for properties in these locations.
Rightmove's analysis of asking prices in seaside towns also suggests that the cost of a sea view property has reportedly risen by more than a quarter over the past seven years.
What this means for you: If you are considering buying a property in a coastal location, expect to pay a significant premium for a sea view.