Margate house prices Dreamland
Dreamland, the amusement park in Margate, where house prices are increasing faster than any other seaside town in the UKGetty

Margate in Kent, nicknamed 'Shoreditch-on-Sea' after an influx of trendy Londoners looking for affordable properties on the coast triggered the town's regeneration, has seen the biggest uplift in house prices of all seaside towns across the UK.

The average house prices in Margate rose 12.54% to £202,276 between July 2015 and July 2016, said Zoopla, the property listings site, using its own data.

Cleethorpes in Lincolnshire was the worst-performing seaside town. The average price dropped by 5.47% to £126,331 over the same period.

"It is interesting to see that Margate is the best-performing coastal location, benefiting from the highest price rises in the past year," said Lawrence Hall of Zoopla.

"This is likely a result of the large amounts of regeneration funding [that] the town has received in the past decade – in particular the Turner Gallery opening in 2011 and its Dreamland theme park reopening last year.

"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."

ZOOPLA SEASIDE PROPERTY LEAGUE: TOP 10
SEASIDE TOWNCHANGE IN PROPERTY VALUE SINCE JULY 2015 (%)
Margate, Kent12.54
Grange-over-Sands, Cumbria10.58
Walton on the Naze, Essex10.04
Felixstowe, Suffolk9.59
Porthcawl, Wales7.61
Llandudno, Wales7.56
Ramsgate, Kent7.17
Hastings, Sussex6.95
Hayling Island, Hampshire6.83
Southend-on-Sea, Essex6.81
ZOOPLA SEASIDE PROPERTY LEAGUE: BOTTOM 10
SEASIDE TOWNCHANGE IN PROPERTY VALUE SINCE JULY 2015 (%)
Cleethorpes, Lincolnshire-5.47
Cruden Bay, Aberdeen-4.63
Collieston, Aberdeen-4.63
Saltburn-by-the-sea, North Yorkshire-4.33
Aberystwyth, Wales-3.48
Rhyl, Wales-3.37
Ilfracombe, Devon-2.21
Woolacombe, Devon-2.21
Looe, Cornwall-2.19
Perranporth, Cornwall-1.98
HIGHEST-VALUE SEASIDE TOWNS
SEASIDE TOWNJULY 2016 AVG PROPERTY VALUE
Salcombe, Devon£598,230
Aldeburgh, Suffolk£490,182
Southwold, Suffolk£434,618
Lyme Regis, Dorset£402,634
Brighton, Sussex£368,782
North Berwick, Scotland£364,306
Port Isaac, Cornwall£356,962
Sidmouth, Devon£352,896
Woolacombe, Devon£347,507
Swanage, Dorset£330,901
LOWEST-VALUE SEASIDE TOWNS
SEASIDE TOWNJULY 2016 AVG PROPERTY VALUE
Saltcoats, Scotland£109,109
Blackpool, Lancashire£114,443
Blyth, Northumberland£120,775
Cleethorpes, Lincolnshire£126,331
Kilchattan Bay, Scotland£130,846
Rhyl, Wales£134,577
Morecambe, Lancashire£136,063
Girvan, Scotland£138,094
Saltburn-by-the-sea, Yorkshire£140,396
Fairbourne, Wales£141,576