Living in a property with sea views tops many homebuyers’ wishlists - but achieving that dream means paying a hefty price premium.
New research by property website Rightmove shows that prices for coastal properties are £86,060 higher on average than those without - equating to a premium of 31% across Britain. And soaring demand has increased the typical premium to buy a home with a sea view by more than £19,000 over the past year.
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Regional breakdown via asking price premium
| Region | Row 0 - Cell 1 | Average asking price (sea view) | Row 0 - Cell 3 | Average asking price (non-sea view) | Row 0 - Cell 5 | Asking price premium (%) | Row 0 - Cell 7 | Price difference | Row 0 - Cell 9 |
| South West | Row 1 - Cell 1 | £415,296 | Row 1 - Cell 3 | £291,915 | Row 1 - Cell 5 | 42% | Row 1 - Cell 7 | £123,381 | Row 1 - Cell 9 |
| North East | Row 2 - Cell 1 | £209,370 | Row 2 - Cell 3 | £157,441 | Row 2 - Cell 5 | 33% | Row 2 - Cell 7 | £51,929 | Row 2 - Cell 9 |
| Wales | Row 3 - Cell 1 | £323,800 | Row 3 - Cell 3 | £255,543 | Row 3 - Cell 5 | 27% | Row 3 - Cell 7 | £68,257 | Row 3 - Cell 9 |
| East of England | Row 4 - Cell 1 | £331,153 | Row 4 - Cell 3 | £264,293 | Row 4 - Cell 5 | 25% | Row 4 - Cell 7 | £66,860 | Row 4 - Cell 9 |
| North West | Row 5 - Cell 1 | £204,834 | Row 5 - Cell 3 | £165,645 | Row 5 - Cell 5 | 24% | Row 5 - Cell 7 | £39,189 | Row 5 - Cell 9 |
| South East | Row 6 - Cell 1 | £371,385 | Row 6 - Cell 3 | £309,829 | Row 6 - Cell 5 | 20% | Row 6 - Cell 7 | £61,556 | Row 6 - Cell 9 |
| Yorkshire and The Humber | Row 7 - Cell 1 | £185,542 | Row 7 - Cell 3 | £158,502 | Row 7 - Cell 5 | 17% | Row 7 - Cell 7 | £27,040 | Row 7 - Cell 9 |
| Scotland | Row 8 - Cell 1 | £134,145 | Row 8 - Cell 3 | £112,253 | Row 8 - Cell 5 | 21% | Row 8 - Cell 7 | £21,892 | Row 8 - Cell 9 |
| Britain | Row 9 - Cell 1 | £368,278 | Row 9 - Cell 3 | £282,218 | Row 9 - Cell 5 | 31% | Row 9 - Cell 7 | £86,060 |
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