The best locations for new-build availability by the sea

Olivia Morris
Authored by Olivia Morris
Posted: Sunday, September 5, 2021 - 09:10

The latest research from Warwick Estates has revealed which coastal locations offer the most new-build availability for those looking to buy by the seaside.

Warwick Estates analysed new-build availability across 45 of the best coastal towns across the nation based on the number of new builds available on the current market as a percentage of all properties listed for sale.

The research shows that on average, just five per cent of all homes currently listed across coastal locations are new builds.

However, Newquay in Cornwall offers the best chance of a new-build by the sea, with one in five homes currently listed for sale coming via the new homes sector.

Shoreham-by-Sea in the South East is also home to some of the largest levels of coastal new-build availability, with new homes accounting for 12% of all homes currently on the market.

Poole (11%) and Margate (10%) are the only other coastal locations where new-builds account for more than 10% of current for sale stock, while Deal (9%), Exmouth (9%), Scarborough (9%), Herne Bay (8%), Falmouth (8%) and Littlehampton (8%) also make the top 10.

In contrast, there are currently no new-build homes listed for sale in Burnam-on-Sea, Stubbington or Fleetwood.

COO of Warwick Estates, Bethan Griffiths, commented:

“The property market DNA of many coastal locations has long been decided and the lack of available space means you will probably be hard-pressed to find a new-build with sea views.

However, as our research shows, some coastal favourites are home to a limited level of new-build stock and so the dream of a new-build by the sea isn’t completely out of the question.

While the chances are higher in some areas compared to others, those with their heart set on such a purchase should be able to find a coastal new-build contender in almost every region of the UK market.”

Data sourced from Rightmove (25/08/2021)

Table shows new-build availability in each coastal town based on the number of new-builds for sale as a percentage of all homes listed for sale

Location

Region

Total stock listed for sale

New-build stock listed for sale

% proportion of NB

Newquay

South West

373

74

19.8%

Shoreham-by-Sea

South East

407

47

11.5%

Poole

South West

2696

290

10.8%

Margate

South East

719

75

10.4%

Deal

South East

462

43

9.3%

Exmouth

South West

524

48

9.2%

Scarborough

Yorkshire and The Humber

1017

93

9.1%

Herne Bay

South East

728

61

8.4%

Falmouth

South West

325

27

8.3%

Littlehampton

South East

950

78

8.2%

Ramsgate

South East

588

46

7.8%

Great Yarmouth

East of England

1,045

81

7.8%

Christchurch

South West

508

36

7.1%

Felixstowe

East of England

523

34

6.5%

Whitstable

South East

625

40

6.4%

Folkestone

South East

830

49

5.9%

Worthing

South East

1895

111

5.9%

Weymouth

South West

762

43

5.6%

Weston-Super-Mare

South West

1561

88

5.6%

Southport

North West

1,374

75

5.5%

Broadstairs

South East

429

23

5.4%

Torquay

South West

1289

66

5.1%

Formby

North West

275

14

5.1%

Clacton-on-Sea

East of England

993

49

4.9%

Lowestoft

East of England

1,031

49

4.8%

Bournemouth

South West

3777

159

4.2%

Eastbourne

South East

1,698

71

4.2%

Seaford

South East

314

13

4.1%

Cleethorpes

Yorkshire and The Humber

348

14

4.0%

Bridlington

Yorkshire and The Humber

483

18

3.7%

Bexhill

South East

1,027

36

3.5%

Bognor Regis

South East

1102

37

3.4%

Skegness

East Midlands

290

9

3.1%

Southend-on-Sea

East of England

1,134

30

2.6%

Paignton

South West

812

21

2.6%

Redcar

North East

423

8

1.9%

Clevedon

South West

275

5

1.8%

Hastings

South East

1,571

21

1.3%

Blackpool

North West

2,106

25

1.2%

Morecambe

North West

561

5

0.9%

Lytham St Anne's

North West

824

5

0.6%

Whitley Bay

North East

340

1

0.3%

Fleetwood

North West

313

0

0.0%

Stubbington

South East

187

0

0.0%

Burnham-on-Sea

South West

246

0

0.0%

Average

39760

2118

5.3%

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