Cost of a UK Home by the Sea Soars by More Than £22,000

Cost of a UK Home by the Sea Soars by More Than £22,000
An aerial view of Sandbanks, Poole, in Dorset, southwest England on Oct. 4, 2019. Steve Parsons/PA
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The average price of a home by the sea has jumped by more than £22,000, with coastal property values boosted by the switch to home working during the pandemic, according to a report.

Lending giant Halifax said the average value of a British seaside property rose to £287,087 last year, up 8 percent or £22,082 from 2020.