An expensive decade? Burnham house prices have risen by £505 a month for past ten years (From Maldon and Burnham Standard)
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An expensive decade? Burnham house prices have risen by £505 a month for past ten years
9:00am Thursday 29th May 2014 in News
House prices are rising by £505 a month in Burnham, according to a major bank.
The annual Halifax Seaside Town Review said average prices have increased by £60,608 - or 36% - since 2004, taking them from £167,848 to £228,456.
It compares to the national average price of £196,826 for a seaside house.
Burnham ranks 109th out of 196 seaside towns for the percentage change over the last ten years.
Faye Sharon Percival-Hall is looking for a five bedroom home as her father will be living with her soon.
She said: “We are in Southminster, and have been house hunting for over two years.
“The last property we found that was suitable was over £470,000 which is a ridiculous price for a four bed property, just because it was in Burnham."
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