Working from home has led to an increase in the average price of maritime property by more than £ 22,000, a new Halifax report found.
The shift to homework during the Covid pandemic has helped strengthen the country’s love affair with the coast, where homes are becoming an increasingly attractive proposition for those who no longer travel to offices.
Halifax said the average value of a British property on the beach rose to £ 287,087 last year – eight per cent, or £ 22,082, compared to 2020.
Sandbanks in Dorset was the most expensive seaside town, with average prices rising 10 per cent year-on-year to £ 929,187, according to an analysis of Land Registry housing prices.
He was followed by Salcombe, in Devon, down the pole position in 2020, with a typical property worth £ 912,599 as the Southwest dominated the rankings.
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