A seaside town in South Wales has been named among the most expensive in Britain.

Lloyds Bank has come up with a list of the most and least expensive seaside towns in Britain as part of its Coastal Homes Review.

The review, which used data from the Land Registry and the Registers of Scotland, tracked house prices in 197 coastal locations.

Despite the small dip, prices in coastal towns have increased nearly a fifth (18%) since 2019, Lloyds said.

Most expensive UK cities to buy a house inBritain’s most and least expensive seaside towns

The most expensive seaside towns in the UK (along with the average house prices in 2024), according to Lloyds, are:

  1. Sandbanks, South West (£965,708)

  2. Salcombe, South West (£826,159)

  3. Padstow, South West (£715,974)

  4. Aldeburgh, East England (£619,693)

  5. Lymington, South East (£608,253)

  6. St Mawes, South West (£552,198)

  7. Lyme Regis, South West (£531,815)

  8. Budleigh Salterton, South West (£496,998)

  9. Dartmouth, South West (£495,643)

  10. Kingsbridge, South West (£484,986)

The least expensive coastal locations in the UK were found to be:

  1. Campbeltown, Argyll and Bute, Scotland (£103,078)

  2. Rothesay, Argyll and Bute, Scotland (£111,764)

  3. Millport, North Ayrshire, Scotland (£114,008)

  4. Port Bannatyne, Argyll and Bute, Scotland (£115,42)

  5. Girvan, South Ayrshire, Scotland (£116,211)

  6. Greenock, Inverclyde, Scotland (£117,751)

  7. Ardrossan, North Ayrshire Scotland (£124,532)

  8. Wick, Highlands, Scotland (£126,708)

  9. Stranraer, Dumfries and Galloway, Scotland (£128,888)

  10. Saltcoats, North Ayrshire, Scotland (£129,194)

Mumbles has been named among the most expensive seaside towns in Britain. (Image: Getty Images) While the most and least expensive seaside towns (by region) are:

East Midlands

East of England

  • Aldeburgh (£619,693)

  • Lowestoft (£238,372)

North East

North West

Scotland

  • St Andrews, Fife (£458,381)

  • Campbeltown, Argyll and Bute (£103,078)

South East

  • Lymington (£608,253)

  • East Cowes (£239,605)

South West

  • Sandbanks (£965,708)

  • Plymouth (£248,668)

Wales

  • The Mumbles (£417,043)

  • Prestatyn (£192,331)

Yorkshire and the Humber

Head of mortgages at Lloyds, Amanda Bryden, said: “Coastal living continues to hold a special appeal – whether it’s the lure of sea views, sandy beaches, or a slower pace of life.

“Our latest research shows the most exclusive seaside spots – like Sandbanks – still command premium prices.

“In some of the UK’s most desirable coastal towns, average prices have dipped slightly over the past year.

“But, over the longer term, values remain significantly higher – especially in the South West, where demand from lifestyle movers continues to shape the market.

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“At the other end of the scale, there are still pockets of real affordability – particularly in Scotland, where buyers can find coastal homes for a fraction of the price.

“For those willing to look beyond the traditional hotspots, there are some hidden gems offering great value and a strong sense of community.

“It’s also important to recognise that not all coastal areas share the same fortunes. Some seaside towns face significant challenges, from seasonal economies to a lack of affordable housing for local people.”