Premium Property Prices
Posted by Willmotts Chartered Surveyors on 18th January 2021 -
Research shows that homes listed as having a coveted sea view command a premium of 31% across Great Britain.
The average asking price of homes with a sea view is £368,278 compared to £282,218 for those without.
Demand for homes with a sea view increased in 2020 and therefore pushed up the premium. In 2019 sea views commanded a 27% premium, 4% below the 2020 premium.
The South West has the highest asking price premium for a sea view, 42%. Yorkshire and the Humber has the lowest premium, 17%. Source: Dataloft, Rightmove
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Willmotts Chartered Surveyors
Willmotts is a firm of RICS regulated chartered surveyors, est. 1856. Providing an award winning, Complete Property Service from Hammersmith in West London and beyond.
