| Buyers are willing to pay a premium for a home with a sea view | One million UK homes have risen in value by at least 50% since 2020 | 6.5 million homeowners in the UK have some regrets about the property they bought |
Buyers are willing to pay a premium for a home with a sea view, with these properties costing £88,106 more1. Even homes in coastal areas are not priced as high if they aren’t in sight of the sea. Buyers will pay the most for a sea view in the East Midlands region (including Lincolnshire coast), where this feature could add 68% to the price. The area with the most sea view properties on the market is Torbay in Devon.
Analysis2 has found that one million homes in the UK have risen in value by at least 50% since 2020. Most of these properties are in the North West, Yorkshire and the Humber, and Wales. The growth is likely because these regions have become more attractive to buyers facing affordability challenges. On the other hand, half of homes in southern England have increased by 20% or less since the pandemic.
According to research3, 37% of homeowners in the UK have some regrets about the property they bought. This feeling is more prevalent among young homeowners, as 63% of 18 to 34-year-olds wish they had done things differently. The top regret for this age group is budgeting issues, with 29% wishing they had fully considered the cost of buying or renovating.
1Rightmove, 2025, 2Zoopla, 2025, 3HomeOwnersAlliance, 2025
As a mortgage is secured against your home or property, it could be repossessed if you do not keep up mortgage repayments.
