Areas with the biggest house price increase in 2021 unveiled – fishing village takes top

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House prices: Expert discusses 'interesting' pricing differences

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The property market saw a high demand for houses last year, pushing the UK’s average house price past the £270,000 mark. Many left city locations to live closer to the sea and Rightmove has predicted that coastal towns and villages will continue to rise in popularity this year.

The property portal has named the coastal towns and villages with the biggest price growth over the last 12 months.

Topping the list was Padstow in Cornwall, a famous town which is massively popular amongst holidaymakers.

It is also popular with second home owners and those looking for a lifestyle change.

With an average asking price of £658,588, the area’s annual asking price increase was a huge 20 percent.

Huge levels of demand also saw Whitby in North Yorkshire rise by 17 percent to £254,218.

With cobbled streets and a stunning harbour, the area has everything to offer including beaches.

There is also a huge mix of property on the market including cottages, modern homes and Victorian terraces.

Next on the list was St Ives in Cornwall where the average asking price for a property is now £473,161.

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Houses with sea views sell for more than £1million in the area thanks to its sandy beaches and bustling town centre.

The town has lots to do and offers residents plenty of restaurants, overlooking its gorgeous harbour.

Porthcawl in South Glamorgan followed St Ives with its annual asking price increase of 14 percent, with Mablethorpe in Lincolnshire taking the fifth spot.

With an annual asking price increase of 13 percent, Britons can expect to pay an average of £173,612 in Mablethorpe.

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Set between Cleethorpes and Skegness, the location has a huge sandy beach as well as plenty of entertainment options for residents.

There is also a mix of bungalows, big modern houses as well as some terraced houses.

Newquay in Cornwall was also a popular destination for homebuyers last year thanks to its 12 sandy beaches and busy nightlife.

It is one of Cornwall’s most visited towns, famous for its surfing.

Homebuyers can expect to pay an average of £317,846 for a home and there are plenty to choose from, including flats, cottages and terraces.

Filey in North Yorkshire, Brixham in Devon and Paignton in Devon also made it onto the list.

Rightmove also recently revealed that London ended 2021 as the most searched for buyer location.

This may be due to the fact many are returning to working in offices.

Rhos on Sea in Wales, Hove in East Sussex and Chadlington in the Cotswolds also ranked highly.

Guy Gittins, CEO of Chestertons said London “never really lost its appeal”, with many who left “eager to return”.

He said: “No doubt, there are former Londoners who left the city altogether and are now eager to return to the capital but, based on our observation, this demographic hasn’t been the driving force behind the capital’s buoyant property market.

“Although there has been a general perception of a mass exodus of city dwellers to the countryside, our branches confirmed that, even during the height of the pandemic, London’s property market remained extremely competitive.

“We registered record numbers of buyers who didn’t necessarily leave London but opted for a borough where their budget gets them a larger property or a home with an outside space.

“The demand for spacious homes has remained unsatisfied last year and will continue to drive sales enquiries for at least the first quarter of 2022.”

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