Hayling Island is hotspot for seaside property price increases

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Hayling Island has been named on a list of the top 10 British seaside towns with the biggest property price increases.

The average property in the seaside town near Portsmouth now sits at £314, 746 - a 6.8% increase since July 2015, according to property website Zoopla.

The South East coast generally has seen substantial property value increases in the last year, with seven of the top 10 seaside climbers located along this shoreline.

Hayling (9th on the list) is joined by other South East hotspots including Walton-on-the-Naze (3rd), Felixstowe (4th), Ramsgate (7th). Hastings (8th) and Southend-on-Sea (10th).

Top of the list was properties in Margate, Kent, with averages homes costing £202,276 - a 12.5% rise over the past year.

Here are the top 10 seaside towns with the biggest percentage change in property values over the past year, with the annual percentage increase in house prices and the average property value there in July 2016, according to Zoopla:

1. Margate, Kent, 12.54%, £202,276

2. Grange-over-Sands, Cumbria, 10.58%, £273,965

3. Walton-on-the-Naze, Essex, 10.04%, £212,107

4. Felixstowe, Suffolk, 9.59%, £246,995

5. Porthcawl, Wales, 7.61%, £237,939

6. Llandudno, Wales, 7.56%, £196,074

7. Ramsgate, Kent, 7.17%, £208,901

8. Hastings, Sussex, 6.95%, £244,955

9. Hayling Island, Hampshire, 6.83% £314,746

10. Southend-on-Sea, Essex, 6.81%, £269,276