Two north-east beach towns have made it onto a list of UK seaside retreats with the biggest percentage falls in property value over the past year, according to housing experts Zoopla.
Cruden Bay and Collieston, both in Aberdeenshire, ranked joint second in the top 10 list, with an average loss of £162,742 or 4.63%.
Overall, the research found that seaside towns in Scotland and Wales offered the cheapest properties, while the south-west coastline was home to many of the weakest performing in terms of house prices.
However, it was Ayrshire town Saltcoats that had the lowest average property price at just £109,109.
When it comes to the most expensive seaside properties, Salcombe in Devon boasts the priciest sea views with average property prices rolling in at £598,230.
And Margate has been named as the top hotspot for property price increases among Britain’s seaside towns.
The average property price in the town now sits at £202,276 – a 12.5% increase since July 2015.
Lawrence Hall, a spokesman for Zoopla, said the big increase in the value of an average home in Margate follows large amounts of regeneration funding that the town has received in the past decade – with attractions such as the Turner Contemporary gallery and the Dreamland theme park.
Mr Hall said: “If you’re considering investing in a beach front property, you should consider those resorts receiving government investment – it does have a positive impact on property values.”