Profit from liv­ing by the sea

Evening Standard - West End Final Extra - ES Homes and Property - - News -

AFEW days of sun­shine is all it takes to start Lon­don­ers pin­ing for a home on the coast — with the peel­ing grandeur of a Vic­to­rian sea­side re­sort gain­ing ex­tra ap­peal when de­ter­mined commuters dis­cover the prices of lo­cal homes set against those in the cap­i­tal.

A league ta­ble of the best-per­form­ing sea­side lo­ca­tions within an hour and a quar­ter’s com­mute of cen­tral Lon­don, pub­lished to­day by Hal­i­fax, is dom­i­nated by lo­ca­tions long aban­doned by hol­i­day­mak­ers.

Dis­count Brighton in East Sus­sex, which has pushed it­self into a league of its own. The most ex­pen­sive coastal com­muter lo­ca­tion in the ta­ble, it has seen price growth of 59 per cent in 10 years, with the av­er­age cost of a home soar­ing to just be­low £375,000.

The pop­u­lar­ity of a beach-side life­style has thrust nearby Shore­ham-bySea in West Sus­sex to the top of the ta­ble in terms of per­cent­age growth, with prices up 70 per cent in 10 years to an av­er­age of £373,056.

The clas­sic Es­sex day-trip des­ti­na­tions of Leigh-on-Sea, Southend-on-Sea and Burn­ham-on-Crouch come in third, fourth and fifth re­spec­tively. Leigh-onSea, in­creas­ingly trendy thanks to its VISIT home­sand­prop­ rules for de­tails of our usual pro­mo­tion rules. When you re­spond to pro­mo­tions, of­fers or com­pe­ti­tions, the Lon­don Evening Stan­dard and its sis­ter com­pa­nies may con­tact you with rel­e­vant of­fers and ser­vices that may be of in­ter­est. Please give your mo­bile num­ber and/or email ad­dress if you would like to re­ceive such of­fers by text or email. in­de­pen­dent shops and cafés, has seen prices up 53 per cent to £337,503. In Southend, slowly shak­ing off its B&B and fun­fair vibe, prices rose 43 per cent to just over £255,000, and in Burn­ham they’re up 38 per cent to £296,000.

All th­ese lo­ca­tions have seen in­creases sig­nif­i­cantly above the 25 per cent UK av­er­age for sea­side towns. Martin El­lis, Hal­i­fax hous­ing econ­o­mist, says: “Be­ing by the sea­side does come at a price — with the marked in­crease in prices re­flect­ing de­mand.”

Find Ruth Bloom­field’s full story at home­sand­prop­

£464,999: a re­fur­bished pe­riod three-bed­room pent­house with spec­tac­u­lar views over Royal Har­bour in Rams­gate, Kent. Avail­able through Miles & Barr (01227 917096)

Just busy enough: a sunny week­end at Leigh-on-Sea in Es­sex, a clas­sic des­ti­na­tion for Lon­don day-trip­pers

£240,000: a two-bed­room flat at Emer­ald Quay, Shore­ham-by-Sea. Through Ja­cobs Steel (01273 839113)

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