Hastings in top 10 seaside towns for house price increases

Hastings is in the top 10 coastal locations to see the largest house value growth in the past year, according to a recent study.
By The Newsroom
Published 23rd Jul 2016, 14:01 BST
Updated 8th Jun 2018, 00:06 BST

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The average property in Hastings costs £244,955 according to ZooplaThe average property in Hastings costs £244,955 according to Zoopla
The average property in Hastings costs £244,955 according to Zoopla

Property website Zoopla has revealed the average property price in Hastings is £244,955 – an increase of 6.95 per cent since 2015.

The south east dominated the top 10 with Margate leading the way with a 12.54 per cent rise with houses on average costing £202,276.

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Zoopla spokesman Lawrence Hall said: “It is interesting to see that Margate is the best performing coastal location, benefitting from the highest price rises in the past year.

“This is likely a result of the large amounts of regeneration funding the town has received in the past decade – in particular the Turner Gallery opening in 2011 and its Dreamland theme park re-opening last year.

“If you’re considering investing in a beach front property, you should consider those resorts receiving government investment – it does have a positive impact on property values.”

To read the full list visit www.zoopla.co.uk/discover/property-news/margate-tops-zoopla-s-seaside-property-league-2016.

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