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Scottish seasides top of the props

Six out of ten of the seaside towns where property prices have risen most in the last 12 months were located in Scotland, according to a new study.Research from Halifax shows that Girvan, a coastal town in Ayrshire, saw the greatest growth in house prices, which rose 41 per cent on average over the past year to reach £131,512 in March 2007.Properties in the Scottish town of Arbroath saw the second highest price hikes with an average house now costing £116,362 after rising in value by 30 per cent over the last year.Ardrossan, another Scottish coastal resort, came in as third of the best performing regions for property prices, with the 28 per cent increase in prices taking the average cost of a house to £103,184.This news though is not as positive as it might seem, as coastal regions in other areas of the UK have crept into the top ten, whereas based on the past three years, the top nine seaside towns to see the most growth were all in Scotland. Over the last three years, Eyemouth, in the Scottish borders proved the best investment, with property prices spiralling by 82 per cent to reach £155,278.Colin Kemp, managing director of Halifax, said: "Seaside towns have generally seen firm house price performance over the past year. They attract buyers looking for a lifestyle change, along with second home buyers and buy to let investors."

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