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4th August 2025
Living by the coast has always been a dream destination for many people. Although the cliché might be one of waiting until retirement, a vibrant city like Brighton and Hove has attractions for people of all ages at different points in their lives.
In the property world of buying and selling houses the one law you can't avoid is that of 'supply and demand', which means that house prices will always vary at different times. However, recent research by Rightmove has shown that there are factors which can help bend the rules, as it found that coastal location properties really do sell at a premium.
Seaside living
The latest industry
benchmark analysis from the company examined over 200 coastal locations across
the country. It found that homes in coastal areas without a sea view are listed
at an average price premium of 32%.
This could be explained by many different factors. The nearby availability of access to the coastline is something that any inner city dweller would envy. Of course here in Brighton and Hove we also have fast and easy access to the South Downs National Park too, literally giving the best of both seaside and rural attractions.
Homes with a view
Sea views have always been highly sought after and Rightmove's research highlights how much more people are willing to pay for this. The survey found that homes with a sea view in Great Britain are on average £88,106 more expensive than those without.
The study also identified the ten locations most likely to offer a property with a sea view and Brighton came seventh in the list.
Of course recent years have seen changes in the way people organise their life/work balance and this has skewed things in the favour of those selling a property that has 'work from home' appeal.
Reality check
While this Rightmove research offers one perspective, another new set of information from the company provides something of a reality check - they also report the biggest July asking price drop for 20 years!
We always expect a seasonal summer dip in prices but this is the largest monthly drop at this time of year recorded by Rightmove from more than two decades of data.
To put this into context, the number of sales agreed is 5% higher than at this time last year and the number of buyers contacting estate agent about homes for sale is 6% higher too. So there's certainly no slowdown in activity.
What it all really means is that sellers are responding to market conditions and competitively pricing their homes when they put them on sale - and it works.
The only way to really know how much your home is worth at any given time in a volatile market is to ask a local, experienced and knowledgeable estate agent - in Brighton and Hove that's us!
We pride ourselves on customer satisfaction and the hundreds of Google reviews we've received give us an impressive average score of 4.9.
So if you want to
sell your home anywhere in Brighton and Hove talk to us - Call 01273 677 001,
email [email protected] or pop into our
centrally located office on Lewes Road to have a chat in person.