SANDBANKS has been named as Britain’s most expensive seaside town with a ten per cent increase in house prices from 2020.

Halifax through its seaside town review has tracked house prices in 191 seaside towns across Great Britain.

Using data from the land registry and the registers of Scotland, it has found Sandbanks tops the list with an average house price of £929,187.

Salcombe in Devon was second in the list with an average house price of £912,599. The average British seaside home costs £287,087, up eight per cent from 2020.

Lymington and Lyme Regis also featured in the top then, in fourth and eighth respectively, with an average price of £565,790 and £473,861.

Russell Galley, managing director of Halifax, said: “Our ongoing love affair with living by the sea shows few signs of abating.

“Homes on the coast have long attracted a premium price, and this was no different in 2021, with the move towards working from home being an ongoing influence is where people choose to live.

“The average seaside home cost £287,087, up eight per cent on the previous year.

“Whether it’s a lifestyle sought, the scenery or the sea air, when it comes to buying homes; we really do love to be beside the seaside.

“The seaside towns that attract the highest prices overall are dominated by locations across the south coast, with Sandbanks in Dorset taking the title of most expensive seaside town from last year’s winner, Salcombe in Devon. Both towns have average house prices of over £900,000.”