Properties in Sandbanks Set to soar!

A FEW HISTORIC FACTS TO CONSIDER: Taken from various news archives in the public domain.

SANDBANKS.
A mere 1 sq km in area
The largest natural harbour in Europe
First-class sailing facilities
Blue Flag beaches
A Mediterranean feel
Attracts the rich and famous
Popular for summer visitors

In 2000 Sandbanks was stated to be the 4th most expensive land values

Originally part of the Canford Estate until it was passed to the Corporation in 1894 apparently due to the need for sea defences.

The land was then split into building plots for auction, prices are stated at around £100/200 but due to the fear of flooding very little was sold!!

MOVES IN THE LEAGUE.
Sandbanks second most expensive seaside town to buy property with average house price at £520,000

ACCORDING to new research by the Halifax, Sandbanks is the second most expensive town to buy property in England and Wales.

The average house price in Sandbanks now stands at £522,242.

The south Devon resort of Salcombe is top of the list with property costing an average of £570,000.

Hmmm,  Sandbanks for me!!

Across the UK the value of seaside homes has soared by 63 per cent over the past ten years with second home hunters helping to push prices up.

That is double the growth rate in the rest of the country, where average prices have increased by only 30 per cent, according to the high street bank.

There are now 14 seaside towns in England and Wales where the average cost is more than £300,000 – all of them in the South.

Lymington in the New Forest appeared seventh in the list with the average home costing £340,944.

Top 10 most expensive seaside towns and average house prices

Salcome, Devon – £570,378
Sandbanks, Dorset – £522,242
Aldeburgh, Suffolk – £408,700
Padstow, Cornwall – £386,261
St Mawes, Cornwall – £369,224
Fowey, Cornwall – £342,577
Lymington, Hampshire – £340,944
Dartmouth, Devon – £355,956
Wadebridge, Cornwall – £333,897
Budleigh Salterton, Devon – £330,436
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2014
TOP SEASIDE TOWNS

1. Salcombe, South West, £615,344
2. Sandbanks, South West, £574,089
3. Aldeburgh, East Anglia, £446,576
4. Padstow, South West, £381,812
5. Dartmouth, South West, £373,173
6. Wadebridge, South West, £371,670
7. Lymington, South East, £359,802

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Interesting! about a recount.
Salcombe beats Sandbanks to be most expensive seaside town in UK MAY 2014

According to a study by the Halifax, the average house price in Salcombe in the South Hams is an astonishing £615,344.

The news means that the tiny town with a resident population of around 2,000, outstrips the famous millionaires’ playground of Sandbanks, Poole, where the average house price is a mere £574,089.

The survey also revealed that Padstow, Dartmouth, Wadebridge, Budleigh, Salterton, St Mawes and Lyme Regis were booming as house prices in seaside towns rose by £500 a month in the last decade.

Must have something to do with the sea views.
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Sandbanks is still popular

Stampede for beach hut in seaside resort for millionaires crashes council website
A council’s website has crashed after thousands of people rushed to join a waiting list for an exclusive beach hut at the millionaire resort of Sandbanks in Dorset

A stampede to join a waiting list for an exclusive beach hut at the millionaire seaside resort of Sandbanks crashed a council’s website.
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Almost 3,500 people rushed to sign up to rent a sought-after beach hut at the luxury destination in Poole, Dorset, after the waiting list opened for the first time in seven years.
But applicants were left frustrated after Poole council’s website crashed under the strain of web traffic.
Sandbanks, which is just a square mile of golden sand, has been described as the fourth most expensive area in the world to live.
After 24 hours the application page had been visited 8,540 times – but just 223 people succeeded in signing up to the list.

Council officials apologised on Twitter for the crash, which lasted around 30 minutes.
The list was closed in 2007 after the average waiting time was around 10 years but Councillors decided to reopen it when numbers on the list dropped to 200.
A post from the official council account said: “Our system has been unable to cope with the number of people trying to sign up to the beach hut list.
“We will post when it is fixed. Sorry.”
The list costs £25 to join but successful applicants will need to spend between £1,100 pounds and £1,800 a year to rent the huts, often little more than a wooden shed.