House prices double in crime-ridden English seaside town

House prices in the seaside town of Margate have more than doubled in the last decade despite an alarmingly high crime rate, analysis shows. The average property in the Kent town cost £309,049 in 2023, an increase of 104pc from 2013, when the average price was £151,196, according to analysis of Land Registry data by Lloyds bank. The jump was the largest of any coastal town in Britain, with Amlwch and Menai Bridge in Wales in second and third place respectively. The increase comes despite Margate having a crime rate of 157 incidents per 1,000 people in 2023 – 79pc higher than the national crime rate in England and Wales. At the other end of the spectrum is the Devon town of Salcombe, where the average price has dropped from £1.2m in 2022 to £970,567. Sandbanks, which previously held the top spot, boasted an average house price of £957,739 in 2023. Nine of the top ten most expensive coastal towns are in the South West, with the only exception being Lymington, in Hampshire, where the average home costs £648,881. All of the ten cheapest coastal locations were in Scotland, with Rothesay offering an average price of £101,477, while a home...

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