Rather than going abroad, more British holidaymakers are staying in the UK, opting for British seaside resorts in the north of Britain instead. Consequently the local housing market has benefited, according to research carried out by the Property Investor and Homebuyer Show North (this weekend, 24 - 26 June 2005, G-Mex Manchester).
The research, based on Land Registry figures, reveals that house prices in resorts such as Bridlington and Scarborough have seen growth almost double that of some southern towns over the last five years, with Brighton experiencing the slowest price growth. On average, northern resorts have seen price growth of 112.83% since 2000, whilst in the southern towns prices have risen by an average of 99.89%.
Blackpool Pleasure Beachs theme park is the most popular tourist attraction in the UK, with 6.8 million visitors in 2004, compared to 4.9 million for its nearest rival, the National Gallery in London.
Property Investor News who will be exhibiting at the Property Investor and Homebuyer Show North will be located at stand number 7.