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.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
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 |
What the agents say
Two coastal homes with superb sea views
-
Today's political cartoons - December 22, 2024Cartoons Sunday's cartoons - the long and short of it, trigger finger, and more
-
5 hilariously spirited cartoons about the spirit of ChristmasCartoons Artists take on excuses, pardons, and more
-
Inside the house of AssadThe Explainer Bashar al-Assad and his father, Hafez, ruled Syria for more than half a century but how did one family achieve and maintain power?
-
Sport on TV guide: Christmas 2022 and New Year listingsSpeed Read Enjoy a feast of sporting action with football, darts, rugby union, racing, NFL and NBA
-
House of the Dragon: what to expect from the Game of Thrones prequelSpeed Read Ten-part series, set 200 years before GoT, will show the incestuous decline of Targaryen
-
One in 20 young Americans identify as trans or non-binarySpeed Read New research suggests that 44% of US adults know someone who is transgender
-
The Turner Prize 2022: a ‘vintage’ shortlist?Speed Read All four artists look towards ‘growth, revival and reinvention’ in their work
-
What’s on TV this Christmas? The best holiday televisionSpeed Read From films and documentaries to musicals for all the family
-
Coco vision: up close to Chanel opticalsSpeed Read Parisian luxury house adds opticals to digital offering
-
Abba returns: how the Swedish supergroup and their ‘Abba-tars’ are taking a chance on a reunionSpeed Read From next May, digital avatars of the foursome will be performing concerts in east London
-
‘Turning down her smut setting’: how Nigella Lawson is cleaning up her recipesSpeed Read Last week, the TV cook announced she was axing the word ‘slut’ from her recipe for Slut Red Raspberries in Chardonnay Jelly
