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is sandbanks the most expensive place to live in the world

by Elva Schoen Published 3 years ago Updated 2 years ago
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Is sandbanks the most expensive place to live in England?

Pictured: Sandbanks has long had a reputation as one of the most expensive places to live Halifax said the second most expensive seaside town is Aldeburgh, in Suffolk, where the average house price is £526,064. It is the only seaside town in the top 10 to have a dip in house prices during the past year.

Where is the world’s most expensive coastal property?

Stephen Dorey A waterside street made up of just 13 houses in the south of England is now officially the most expensive stretch of coastal real estate in the world, with a staggering combined property value of £93m. Sandbanks in Dorset is known for attracting the rich and famous, thanks to its secluded location and harbour views.

How much is sandbanks in Dorset worth?

A row of 13 luxury mansions in Sandbanks, Dorset, are worth a staggering £93million. The 850ft stretch in the peninsula in Poole Harbour looks out on to the busiest part of the world's second biggest natural harbour. There is also almost total privacy from the road out front while back gardens run down to the water's edge.

How big was the biggest house sold in Sandbanks last year?

Last year, the biggest house in Sandbanks at almost 13,000 sq ft - the equivalent size of seven detached houses -sold for an eye-watering £8.09million. This is likely to have helped skewed annual property price inflation in the last year in the area, given the small transaction levels there.

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How much did Sandbanks sell for in the 1980s?

Although Sandbanks was a very prosperous place, it remained relatively affordable to locals with flats selling for less than £100,000 in the 1980s.

Where is the most expensive seaside real estate in the world?

Millionaires' row: This tiny 850 ft stretch of seafront on the exclusive Sandbanks peninsular in Dorset is now thought to be the most expensive seaside real estate in the world

How many mansions are there in Sandbanks?

An 850ft stretch of road in one the UK's most exclusive enclaves, Sandbanks, contains just 13 harbourside mansions that total a staggering £93 million in value.

What is the most expensive stretch of coastline in the world?

Adrian Dunford, of Sandbanks estate agents Tailor Made, said: 'We now believe this part of Sandbanks is the most expensive stretch of coastline on the planet in terms of price-per-square foot. 'The multi-million pound mansions in Miami and Monte Carlo will be on much bigger plots of land than you get on Sandbanks.

Who was the first property magnate in Sandbanks?

Larger houses started to be built on the previously unspoiled land, with a wealthy banker and father-of-eight, Dr Edward Andreae, becoming Sandbanks’ first property magnate by building eight homes on the peninsula - one for each of his children.

Can you increase the number of properties in Sandbanks?

You can't increase the number of properties and so supply and demand dictate the prices. 'That row of properties is located in the most enviable part of Sandbanks. The houses have direct water access and also overlook the busiest part of the harbour.

Is Sandbanks a deserted area?

Sandbanks, or Parkstone-on-Sea as it was known, has gone from a deserted landscape to Britain's answer to Monte Carlo. A proper roadway linking the peninsula to the mainland was only laid after the First World War at a time when many former servicemen returned from battle only to find themselves out of work.

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HOW THIS IS MONEY CAN HELP

Tom Doyle, managing director of estate agents Lloyds Property Group, based in Sandbanks, exclusively told MailOnline Property: 'The number of properties available to buy here is still limited.

What is the most expensive piece of coastal real estate in the world?

An exclusive street looking over a harbour on the UK's south coast has been revealed as the most expensive piece of coastal real estate in the WORLD.

Is there privacy in the back garden?

There is also almost total privacy from the road out front while back gardens run down to the water's edge.

Is Sandbanks a London centric city?

Sandbanks, also known as Britain's version of Miami Beach, remains hugely popular with London-centric buyers. Local property experts believe the uncertainty over the impact Brexit will have on the London property market is tempting rich buyers to look elsewhere. Adrian Dunford, of Sandbanks estate agents Tailor Made, ...

Where is the most expensive coastal street in the world?

A TINY 850ft stretch of road in Dorset made up of just 13 houses has become the world’s most expensive coastal street. Sandbanks peninsula, in Poole harbour, is one of Britain’s most sought-after postcodes thanks to its secluded location and harbour views. 13.

What is the most expensive stretch of coastline in the world?

Adrian Dunford, of Sandbanks estate agents Tailor Made, said: "We now believe this part of Sandbanks is the most expensive stretch of coastline on the planet in terms of price-per-square foot. "The multi-million pound mansions in Miami and Monte Carlo will be on much bigger plots of land than you get on Sandbanks.

When did Sandbanks start selling?

Sandbanks started to attract global attention in 1999 when its first smallish property sold for £1 million – or £689 per square foot – putting it fourth in the real estate league after London (£775) Hong Kong (£859) and Tokyo (£895).

How much did the Moorings house cost?

Seaside mansion 'The Moorings', built in 2009, sold for £8.09m. It boasts six bedrooms, a cinema, wine room, sauna, steam room and an indoor pool. Its price tag made it one of the most expensive family homes ever sold outside London.

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