Editor's note: This brief was summarised by The Property AI Newsroom from a report by The Negotiator. Read the original article for full details.

Rightmove: Sea View Home Asking Prices Rise 27% Since 2019

Research by Rightmove has found that the average asking price for a UK home with a sea view now stands at £298,810, up from £235,635 in 2019. This represents a 27% increase, outpacing the national average asking price by 22% over the same period.

The analysis covered more than 200 coastal areas, comparing average asking prices for homes with sea views to those without. The findings highlight the continued appeal of coastal living, with the highest sea view property prices still concentrated in southern coastal regions.

In the East Midlands, average sea view asking prices have increased by 55% from £228,083 to £352,789. Yorkshire & The Humber has seen a 53% rise, from £160,771 to £245,119. The South East is currently the most expensive region for a home with a sea view, with an average asking price of £416,375, followed by the South West at £398,764. Scotland remains the most affordable region for sea view homes, with an average asking price of £166,068.

The premium for sea views varies by location. In West Mersea, Essex, homes with a sea view have an average asking price of £655,479, compared to £433,185 for coastal homes overall—a difference of £222,294, or 51%. Frinton-on-Sea in Essex (£130,699) and Broadstairs in Kent (£128,943) also have significant sea-view premiums, while buyers in Littlehampton, West Sussex, pay an average of £120,696 extra for a sea view property.

Rightmove’s analysis suggests that while prestigious coastal locations continue to command the highest prices, there is also notable growth in more affordable seaside areas. The impact of a sea view on asking prices varies by region and local market conditions.

For letting agents and inventory clerks, these trends may influence demand and rental values for coastal properties, particularly those with sought-after features such as sea views.