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Sun Shines On Seaside Spot As Mumbles House Prices Reach New High

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MUMBLES is now the most expensive seaside location to buy a house outside of southern England.

The average house price in the village is £263,470 according to the latest Halifax research.

The area now towers above its coastal counterparts in the North of England with homes in Alnwick going for £220,228 and £216,190 in Whitby.

At the other end of the scale Sandbanks in Dorset topped the list with punters now having to fork out £532,652 for a house by the sea.

Will Evans, negotiator with Mumbles estate agent John Francis, said: "It is a difficult market at the moment but sales are happening in the Mumbles area.

"There is a big premium to pay for parking. Parking is a big issue in Mumbles.

"When you go a little bit further out you may not have a garage but you have parking."

John Francis is currently marketing a three-bedroom end of terrace cottage for £240,000 without parking.

Mr Evans said: "With parking you could add £10,000 to £15,000 on to that and it would go quickly.

"People do require parking and that is a major selling point. If you've got parking the property will go."

The negotiator said commercial premises were also selling in Mumbles.

Edited by The Masked Tulip
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  • 444 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
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      • Even
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