Come to Whitehaven for a home by the sea:

A survey has found that Whitehaven is the most affordable place in the UK to buy a seaside home.

The survey showed that the ten most economical places for those looking to settle down in the UK were all in the North.

Whitehaven was followed by Withernsea on the East Yorkshire coast and Maryport in Cumbria, according to high street bank Halifax.

The group said the average cost of a home in all these areas was less than four times average earnings.

But at the other end of the scale, properties in Sandbanks in Dorset cost 21.7 times average earnings, making it the most expensive location in which to buy a home by the sea.

House prices in St Mawes, Rock and Fowey, all in Cornwall, are all around 15 times higher than average earnings, making them the next most expensive seaside towns.

The most affordable place to buy a property by the sea outside of northern England is Skegness, followed by Bexhill on Sea in East Sussex, where properties sell for around five times average earnings.

Barry and Rhyl are the most affordable seaside towns in Wales, with these towns also having a house price to earnings ratio of around five.

House prices in nine out of 10 seaside towns have more than doubled during the past eight years.

Buyers are prepared to pay a premium to live by the sea, with the average cost of a home near the coast rising by 115% since 2001, compared with an increase of 96% across England and Wales as a whole.

Pwllheli in Wales has seen the biggest jump in prices, with the average cost of a home there soaring by 206% during the past eight years,

Source: Press Association

Comments

James.R.Skinner said…
Would be great, but i would need to wait another 50 years r so before considerng that. Perhaps house prices will be the same by then?!
7:57 pm
Tits McGee said…
coz its shit
5:36 pm
Post a Comment

Popular posts from this blog

Nick Herbert on his visit to flood hit areas of Cumbria

Please note that the post below was published more than ten year ago on 21st November 2009 Nick Herbert MP, shadow cabinet member for the Environment, Food, and Rural Affairs, was in Cumbria this morning to see the areas affected by the flooding. He writes on Conservative Home about his visit. Here is an extract. I’ve been in Cumbria today to see the areas affected by the floods. I arrived early in Keswick where I met officials from the Environment Agency. Although the river levels had fallen considerably and homes were no longer flooded, the damage to homes had been done. And the water which had got into houses wasn’t just from the river – it was foul water which had risen from the drains. I talked to fire crews who were pumping flood water back into the river, and discovered that they were from Tyne & Wear and Lancashire. They had been called in at an hours’ notice and had been working on the scene ever since, staying at a local hotel. You cannot fail to be impressed by the
Read more

Quotes of the day 19th August 2020

Image
"Wise men profit more from fools than fools from wise men; for the wise men shun the mistakes of fools, but fools do not imitate the successes of the wise."  ( Cato the Elder , who lived 234 BC - 149 BC, quoted in "Lives" by Plutarch.) There is a similar saying by Germany's Iron Chancellor, Otto von Bismarck: Benjamin Franklin is supposed to have put the same saying in a more humorous form: "Wise men profit by the mistakes of others, while fools will not learn even from their own blunders." See also this thread on the "Quote Investigator" website . Let us all be wise and learn from the events of the last few days.
Read more

Quote of the day 24th July 2020

I was moved to put the passage below forward as a quote today when I saw a horrible post on twitter from someone writing that it was "excellent" that someone who took a different view from her about Brexit had died. I won't write which way round it was so that all the Remain supporters can assume the post was from a Brexit fanatic welcoming the death of a remainer and all the Leavers can assume it was a Remainiac welcoming one less Brexiteer. There's been plenty of nasty stuff on both sides but if you catch anyone of your own viewpoint  posting something like that who might listen to you, please do call them out on it - and point out that they're giving everyone on your side of the argument a bad name. Anyway, here's the quote from John Donne.
Read more