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Monday 13th August 2007
Christchurch in Dorset, Leigh-on-Sea in Essex and Bexhill-on-Sea in Sussex offer the best quality of life for those looking for a home by the sea, according to the latest Halifax Seaside Town Review.
The survey, which tracks living standards by ranking local performance in the labour and housing markets, the environment, education and health, put Christchurch top, but named Bridlington, Lowestoft and Great Yarmouth as offering the best value for money
Halifax found that living by the sea comes at an average premium of £5,298 or three per cent, compared to the rest of the country.
The most expensive seaside town in Britain is Sandbanks in Dorset, where the average house price is £488,761 - a huge premium of 106 per cent.
Colin Kemp, managing director of Halifax Estate Agents, said: "Seaside towns tend to have house prices that are at a premium to their surrounding areas and have generally seen strong house price growth over the past few years.
"There are still some bargains to be had for home buyers.
"Bridlington, Lowestoft and Great Yarmouth are the three seaside towns in Britain that offer the best value for money.
"Several seaside towns in the South East also offer a combination of relatively low property prices and a high quality of life."
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