Last month, local coastal gem Aldeburgh was named the UK’s fourth most expensive seaside town in the annual Halifax Seaside Town Review. The town’s IP15 postcode saw a 432% increase in average property prices in the 20-year period between 1995-2015, with the current average house price standing at £439,379. Aldeburgh is the only town outside the South West to make the Top 10.
A little further along the coast, the desirable and ever-popular Suffolk town of Southwold has also seen a boom in property prices, with the average house price rocketing by an almost-as-impressive 418%. So what will be the next Suffolk coastal town to come under the spotlight?
All Signs Point to Felixstowe
With so much activity on the East coast over the past decade, could popular residential spots like the bustling coastal town of Felixstowe creep up the UK’s most desirable location chart?
With enviable travel connections and an easy commute to London, the pretty seaside town of Felixstowe offers a warm community spirit with fantastic coastal scenery, a thriving bar/restaurant scene and lots of local amenities. A prime location for main-residence and second home buyers, suiting commuters, young professionals and local families alike, our Felixstowe office has seen a significant surge in interest within the town and surrounding areas in recent years.
East Anglia Continues to Buck the Property Trend
Statistics show that two regions in particular have maintained their popularity over the last 3 years – London and East Anglia. With the London property market beginning to cool, following changes to stamp duty on second residential properties and uncertainty around the looming EU referendum, will the East be able to gain ground and take over as the UK’s most desirable property hot spot?
To discuss your options on the local property scene, why not pop into our branches in Felixstowe, Ipswich town centre and on the Ipswich Waterfront?