Latest news with #South West
Yahoo
a day ago
- Business
- Yahoo
Sea-view homes in Britain cost over £88,000 more on average
Homes with a sea view in Britain can cost nearly £88,107 more on average than those without, according to research by Rightmove (RMV.L). The property platform said that the average asking price for a home with a sea view in Britain stands at £363,181. That's compared to £275,074 for properties in coastal areas without this coveted feature, representing a 32% price premium. Rightmove's analysis looked at more than 200 coastal areas, comparing the average asking prices of homes available with a sea view to those without one. Read more: What are branded residences and who's buying them? At a regional level, homes in the East Midlands with a sea view commanded the biggest premium, of 68%, carrying an average asking price of £428,330. The South West came in second place, with a typical premium of 44% for this type of property, commanding an average asking price of £405,676. Within this region, Torbay in Devon was found to be the area with the highest number of available homes listed with a sea view. Scotland had the third biggest regional premium of 43% for these homes, with an average asking price of £218,867. Colleen Babcock, property expert at Rightmove, said: "Sea views have always been a highly sought-after feature for homebuyers, and our latest research highlights just how much more people are willing to pay for one." Mary-Lou Press, president at NAEA Propertymark, said that the Rightmove data was "encouraging news for those who own seaside properties, as their homes carry significant value. The surge in people working remotely since the pandemic has no doubt resulted in an increase in demand for properties with seaside views." "However, the price premium added to seaside homes is determined by many variables like location, the quality of the view, and the overall appeal of the area," she said. "Although a sea view can be a sought-after and valuable feature, it's important to be aware of the elements that affect its value. Conducting thorough research on the specific market is crucial before making any purchasing decisions." A typical home in the UK cost £296,665 in June, according the latest Halifax House Price index released last week. This figure was little changed compared to the previous month but was 2.5% higher than a year earlier. Read more: One million UK homes jump by 50% in value since 2020 — up by £117,400 on average Meanwhile, separate data released by Zoopla on Wednesday showed that estimated house values in the UK have continued to climb longer-term. Analysis by the property website found that one million homes in the UK have seen their value increase by 50% or more since the pandemic five years ago, with an average gain of £117,400. The property website's research, released on Thursday, found that eight in 10 UK homes grew by more than 5%, an average increase by £60,800. Zoopla said that UK house values had increased by an average 20% since 2020, with some areas experiencing more significant growth than others, despite a drop in buyer demand in 2023 due to higher borrowing costs in 2022. Read more: Mortgage rate war heats up with Barclays dropping to 3.75% Average London rent surges to £2,252 a month Jobs data increases odds on Bank of England interest rate cut
Yahoo
a day ago
- Business
- Yahoo
Sea-view homes in Britain cost over £88,000 more on average
Homes with a sea view in Britain can cost nearly £88,107 more on average than those without, according to research by Rightmove (RMV.L). The property platform said that the average asking price for a home with a sea view in Great Britain stands at £363,181. That's compared to £275,074 for properties in coastal areas without this coveted feature, representing a 32% price premium. Rightmove's analysis looked at more than 200 coastal areas, comparing the average asking prices of homes available with a sea view to those without one. Read more: What are branded residences and who's buying them? At a regional level, homes in the East Midlands with a sea view commanded the biggest premium, of 68%, carrying an average asking price of £428,330. The South West came in second place, with a typical premium of 44% for this type of property, commanding an average asking price of £405,676. Within this region, Torbay in Devon was found to be the area with the highest number of available homes listed with a sea view. Scotland had the third biggest regional premium of 43% for these homes, with an average asking price of £218,867. Colleen Babcock, property expert at Rightmove, said: "Sea views have always been a highly sought-after feature for homebuyers, and our latest research highlights just how much more people are willing to pay for one." Mary-Lou Press, president at NAEA Propertymark, said that the Rightmove data was "encouraging news for those who own seaside properties, as their homes carry significant value. The surge in people working remotely since the pandemic has no doubt resulted in an increase in demand for properties with seaside views." "However, the price premium added to seaside homes is determined by many variables like location, the quality of the view, and the overall appeal of the area," she said. "Although a sea view can be a sought-after and valuable feature, it's important to be aware of the elements that affect its value. Conducting thorough research on the specific market is crucial before making any purchasing decisions." A typical home in the UK cost £296,665 in June, according the latest Halifax House Price index released last week. This figure was little changed compared to the previous month but was 2.5% higher than a year earlier. Read more: One million UK homes jump by 50% in value since 2020 — up by £117,400 on average Meanwhile, separate data released by Zoopla on Wednesday showed that estimated house values in the UK have continued to climb longer-term. Analysis by the property website found that one million homes in the UK have seen their value increase by 50% or more since the pandemic five years ago, with an average gain of £117,400. The property website's research, released on Thursday, found that eight in 10 UK homes grew by more than 5%, an average increase by £60,800. Zoopla said that UK house values had increased by an average 20% since 2020, with some areas experiencing more significant growth than others, despite a drop in buyer demand in 2023 due to higher borrowing costs in 2022. Read more: Mortgage rate war heats up with Barclays dropping to 3.75% Average London rent surges to £2,252 a month Jobs data increases odds on Bank of England interest rate cutSign in to access your portfolio
The Independent
2 days ago
- Business
- The Independent
Homes with a sea view ‘command average premium of more than £88,000'
Coastal homes boasting a sea view command a price tag nearly £88,107 higher on average than those without, according to Rightmove. The website's analysis indicates that coastal home buyers wanting to be able to see the sea face paying a price premium of nearly a third (32%). The average asking price for a home with a sea view stands at just over £363,181, its analysis found. The property website looked at more than 200 coastal areas, comparing the average asking price of homes in these areas when a sea view was mentioned compared with those without a sea view. The average price for a home with a sea view is £363,181.51, while the average price for a coastal home where no sea view was mentioned is £275,074.81, the analysis indicated. This makes a price difference of £88,106.70. At a regional level, the East Midlands leads the charge with a 68% premium, with homes with a sea view having a price tag of £428,330 on average. The South West had the next biggest premium at 44%, with Scotland a close third at 43%. Torbay in Devon was found to be a sea view hotspot – being the area with the biggest cluster of available homes listed with a sea view in Rightmove's analysis. Colleen Babcock, a property expert at Rightmove, said: 'Sea views have always been a highly sought after feature for home buyers, and our latest research highlights just how much more people are willing to pay for one. 'The East Midlands claims top spot as the region with the highest price premium for homes with a sea view at 68%, compared to homes with a sea view in the South East which has a much lower sea view premium of 22%. 'A contributing factor for this difference could be the exclusivity of properties with a sea view in these areas.' Rightmove's analysis involved looking at properties on its website that mention 'sea view' in the listing description. The data covered January to June 2025. Here are the average asking prices for homes with a sea view, followed by the percentage price premium compared with asking prices for coastal homes without a sea view being mentioned, according to Rightmove: East Midlands, £428,330, 68% South West, £405,676, 44% Scotland, £218,867, 43% North East, £231,194, 28% Yorkshire and the Humber, £193,711, 27% North West, £201,292, 26% East of England, £305,264, 25% Wales, £298,824, 24% South East, £367,209, 22% And here are the hotspots where a sea view is most likely to be mentioned, according to the analysis by Rightmove: 1. Torbay 2. Bournemouth 3. Cornwall 4. Isle of Wight 5. Hastings 6. Folkestone 7. Brighton 8. Thanet 9. Tendring 10. North Yorkshire
BBC News
4 days ago
- General
- BBC News
RNLI advise South West water users to check their lifejackets
The RNLI is encouraging people to check their lifejackets are working correctly before heading out to life-saving charity said they checked 803 lifejackets in the South West last year and found 523 of them had faults. It comes after three experienced sailors were recently rescued when their boat capsized within sight of the lifeboat station at Salcombe, safety officer for Salcombe, Simon Linsley, said they were all wearing lifejackets, but only one worked correctly. "If they had been 300m (985ft) further down the estuary, they would have been in serious trouble- the outcome could have been very different," he Linsley said two of the lifejackets had serious faults and one of them had no gas in the cylinder, meaning it had already been fired."The guy who took it wouldn't have known any different, the other one didn't deploy properly and the only one that did inflate but we were a bit concerned about the state of that one when he came to shore." The RNLI advised people should check their own lifejackets every six months and every time before use. People who are unsure of how to maintain their lifejackets effectively can seek advice at their local lifeboat stations, it added.
Yahoo
12-07-2025
- Sport
- Yahoo
First public use Padel courts in Taunton to open
PADEL is a sport many people in Taunton will know but will be unable to play in town - well, now that is set to change. Taunton's first-ever public use Padel courts are set to open, with the development of six panoramic padel courts being built on the Queen's College campus. READ MORE: Queen's College bids farewell to fourteen staff members Advertisement READ MORE: Queen's College to become South West hub for PaceLab The Taunton college has teamed up with Smash Padel to produce these courts, which will be open to the public all year round. Fully covered with canopies and playable in all weather conditions, these new facilities will elevate the school's already impressive sports facilities and also expand community access to the fastest-growing sport in the world. Taunton's first-ever Padel courts are set to open. (Image: Queen's College) Planned areas to go with the new Padel courts at Taunton's Queen's College. (Image: Queen's College) Advertisement What is Padel? Unfamiliar with Padel? The sport is a racket sport that combines elements of tennis and squash, typically played in doubles on an enclosed court with walls. The walls are often made of glass and metallic mesh, and players can use them to bounce the ball, similar to squash. Kim Dawkins, Bursar at Queen's College, commented:'This is an exciting development for Taunton. With no padel courts currently available in the area and a huge demand for the sport, these new facilities will make a real impact. "The six covered courts, operated by Smash Padel, will be open to the general public, ensuring that our local community can enjoy this fast-growing sport.' Advertisement Smash Padel is known for delivering a comprehensive padel program for players of all ages and abilities. The group have made significant strides in growing junior participation through its bespoke junior pathways and Performance Academy, which draws young talent from across the UK. Tom Bell, Director of Sport at Queen's College, added: 'Smash Padel align perfectly with our values of keeping sport accessible for all and providing high-quality coaching to nurture talent at a grassroots level. "Whether pupils are experienced players or picking up a racket for the first time, they will benefit enormously from having these courts on site. We're already looking forward to integrating padel into our sports offering at Queen's.' Advertisement Smash Padel's commitment to grassroots growth was recently recognised by the Lawn Tennis Association (LTA), who honoured them with a Service Excellence Award for their outstanding work in community engagement and junior development. With a team of passionate, professional coaches, Smash are creating vibrant padel communities that promote health and wellbeing, connection and lots of fun. Carson Russell, Chief Operating Officer at Smash Padel, said: 'From inclusivity and coaching excellence to long-term development and community building, Queen's College shares many of the values that define Smash Padel. This partnership creates the perfect environment for a meaningful and lasting collaboration.' An official opening date is yet to be revealed for the new public-use padel courts in Taunton. For updates on construction progress and timeline, please visit the Smash Padel website at
