Waterside property prices can be almost a third higher than other properties according to research carried out by estate agents Jackson-Stops & Staff. Properties proving ocean views offer the highest premium, followed by properties offering river views and canal views.Riverside properties located in Burnham Market, North Norfolk can even command a premium of up to 86.9% compared to other properties.
Key Takeaways:
- Ocean views command a property price premium of almost a third compared with other properties without this benefit, while river views generate a 24% boost in value and 18% for canal views.
- While all water views generate a significant premium for the homes they benefit, ocean views are by far the biggest income generators.
- The appeal of healthy living and nostalgia that waterside homes provide contribute greatly to their increased value compared to non waterside properties.
“The aspiration of owning a home with a view across water and living near features such as the ocean, rivers and canals has long been embedded in the British psyche.”
https://www.propertyreporter.co.uk/property/where-are-the-the-most-valuable-waterside-vistas-in-the-uk.html
Where are the the most valuable waterside vistas in the UK? – Property Reporter
Waterside property prices can be almost a third higher than other properties according to research carried out by estate agents Jackson-Stops & Staff. Properties proving ocean views offer the highest premium, followed by properties offering river views and canal views.Riverside properties located in Burnham Market, North Norfolk can even command a premium of up to 86.9% compared to other properties.
Key Takeaways:
“The aspiration of owning a home with a view across water and living near features such as the ocean, rivers and canals has long been embedded in the British psyche.”
https://www.propertyreporter.co.uk/property/where-are-the-the-most-valuable-waterside-vistas-in-the-uk.html
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