£88,106 price premium for homes with a sea view

LIVING BY THE SEASIDE 2022
  • The average asking price for a home with a sea view in Great Britain is £363,181
  • This marks a 32% price premium compared to homes in coastal areas without a sea view
  • The East Midlands has the highest price premium for homes with a sea view (68%) and the South East has the lowest (22%)
  • Torbay in Devon is the area with the highest number of available homes listed with a sea view, followed by Bournemouth and Cornwall

 

New research from Rightmove, the UK’s largest property platform, reveals that the sea view dream can come with a significant price premium.

Homes with a sea view are, on average, £88,106 more expensive than those without, representing a 32% price premium across Great Britain.

The average asking price for a home with a sea view stands at £363,181, compared to £275,074 for properties in coastal areas without this coveted feature.

The analysis looked at over 200 coastal areas, comparing the average asking price of homes in these areas when a sea view was available compared with those without a sea view.

At a regional level, the East Midlands leads the charge with a 68% premium, making homes with sea views here the most expensive, averaging £428,330.

Following in second is the South West with a 44% premium, and Scotland is a close third at 43%.

Aside from being the region with the second highest sea view price premium, Torbay in Devon is also the area with the highest number of available homes listed with a sea view.

The top ten areas homebuyers are most likely to secure a property with a sea view, based on available listings for 2025 are:

  1. Torbay
  2. Bournemouth
  3. Cornwall
  4. Isle of Wight
  5. Hastings
  6. Folkstone
  7. Brighton
  8. Thanet
  9. Tendring
  10. North Yorkshire

 

Regional breakdown via asking price premium

Region Average property asking price (non-sea view) in coastal areas in 2025 Average property asking price (sea view) in 2025 Price Premium
East Midlands £254,544 £428,330 68%
South West £280,185 £405,676 44%
Scotland £152,606 £218,867 43%
North East £180,258 £231,194 28%
Yorkshire and The Humber £152,151 £193,711 27%
North West £159,322 £201,292 26%
East of England £242,443 £305,264 25%
Wales £240,017 £298,824 24%
South East £300,612 £367,209 22%
Great Britain £275,074 £363,181 32%

 

Colleen Babcock, property expert at Rightmove adds, “Sea views have always been a highly sought-after feature for homebuyers, and our latest research highlights just how much more people are willing to pay for one.

“The East Midlands claims top spot as the region with the highest price premium for homes with a sea view at 68%, compared to homes with a sea view in the South East which has a much lower sea view premium of 22%.

“A contributing factor for this difference could be the exclusivity of properties with a sea view in these areas.”

Rightmove

UK Property news updates shared directly from Rightmove PLC - the country's leading property portal.

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