Coastal hotspots have seen annual house price growth of 4.2% in the past 12 months, bucking the wider national trend that has seen British property values stagnate.

New research from Quickmove Properties analysed the housing markets across 100 of the nation’s most popular coastal locations, looking at both the rate of house price growth seen over the last year, as well as the current premium these areas command when compared to their wider local authorities.

The data reveals that across these 100 British coastal locations, the current house price averages £250,644 having grown by an average of 4.2% in the past year. This means these coastal housing markets are bucking a broader national narrative that has seen Britain’s overall average price remain largely unchanged, up by just 0.8% in the last year.

The five largest coastal price booms have all been recorded in Scotland, led by 19% growth in Lossiemouth and followed by Burntisland (17.9%), Irvine (16.2%), Ayr (14%), and Cockenzie (13.1%).

Two more coastal markets have achieved double-digit growth this year with prices in Wales’ Portmeirion growing by 11.7%, and prices in Newquay growing by 10%.