REGIONAL INSIGHT
Hamish Humfrey
Partner, Head of National Waterfront
The thriving UK coastal market maintains its momentum, enticing homebuyers with irresistible lifestyle advantages. The allure of waterfront properties remains strong, with many choosing to make permanent coastal moves or utilise them as more than just second homes. However, supply remains limited as many owners relish their renewed connection with waterfront living post-pandemic. Historically popular coastal areas continue to witness robust demand, with North Devon emerging as a recent hotspot. Here, the limited number of frontline coastal properties commands record-breaking prices per square foot, attracting eager buyers. With our team’s in-depth knowledge and experience, we’re here to assist and advise you in finding your dream coastal home.
“The allure of waterfront properties remains strong, with many choosing to make permanent coastal moves or utilise them as more than just second homes”
The average amount UK waterfront buyers were looking to spend on a purchase in the 12 months to May 2023
£3m
Average premium for a UK waterfront property with direct beach access compared with an equivalent non-waterfront property
17.8%
Increase in prime regional prices over the pandemic period (Jan 2020 to March 2023)
Regional waterfront premiums
South West
South East
Scotland
East Anglia
Midlands
London
The increase in the amount of UK waterfront property for sale in the 12 months to May versus the previous year
RECENTLY SOLD
Here are some of our recent successes