Maryport and Workington have been named as two of the cheapest seaside towns to live in the UK, in a recent report by Rightmove.
The study assessed the top 10 most expensive and cheapest areas, determined by the average price of a home, with Maryport and Workington finishing as eighth and ninth cheapest respectively.
Glamorous Sandbanks in Poole, Dorset, has been identified as the most expensive seaside area to buy a home, out of more than 200 coastal locations across Britain.
With an average price tag of nearly £1.6 million, homes in Sandbanks were found to be the most expensive typically in Rightmove’s analysis.
In Maryport and Workington, the average price stands at around £140,000, with Saltcoats in Ayrshire the cheapest seaside area with an average price of £114,365.
Meanwhile, Sandbanks in Dorset was the most expensive, standing at an eye-watering £1,582,331. This means that people could buy nearly 11 homes in Maryport or Workington typically for the asking price of one property in Sandbanks.
Tim Bannister, Rightmove’s property expert said: “Whilst the pandemic-driven surge for seaside areas has calmed down and reversed back to more normal levels, areas around Great Britain’s coast continue to be popular with many people.
“Particularly at this time of year, many people consider what a home by the sea and away from the hustle and bustle of a city could look like, or perhaps explore estate agents’ windows while on holiday.”
“For those that can, the lifestyle of living in a beautiful location by the sea will always be appealing and is not to be underestimated.”
Here are the 10 most expensive seaside areas, according to Rightmove, with the average asking price:
1. Sandbanks, Dorset, £1,582,331
2. Canford Cliffs, Dorset, £1,242,181
3. Milford On Sea, Hampshire, £751,442
4. Padstow, Cornwall, £678,058
5. Lymington, Hampshire, £603,312
6. Barton On Sea, Hampshire, £562,609
7. Budleigh Salterton, Devon, £542,005
8. Lyme Regis, Dorset, £521,932
9. Sidmouth, Devon, £501,099
10. Sandgate, Kent, £495,009
And here are the 10 least expensive areas in Rightmove’s report, with the average asking price:
1. Saltcoats, Ayrshire, £114,365
2. Easington, County Durham, £122,520
3. Peterlee, County Durham, £124,593
4. Ashington, Northumberland, £132,660
5. Bootle, Merseyside, £133,197
6. Grimsby, Lincolnshire, £135,951
7. Girvan, Ayrshire, £139,547
8. Maryport, Cumbria, £140,437
9. Workington, Cumbria, £141,765
10. Hartlepool, County Durham, £146,674
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