Living close to some of Britain’s most desirable marinas comes at a steep premium with homes near Yarmouth Harbour on the Isle of Wight commanding the highest mark-up in the country, according to research by estate agency eXp UK.
The study analysed property prices around 21 marinas and found that, on average, homes nearby cost £302,691 – 12.7% higher than the UK average of £268,652.
Yarmouth Harbour led the rankings, with the average property in the PO41 postcode valued at £455,743, a 61.3% premium compared with the wider Isle of Wight market.
Lymington Yacht Haven in the New Forest was second, with a 44.7% uplift to £596,957, followed by Ardglass Marina in Newry, Mourne and Down (33.2%), Port Solent Marina in Portsmouth (32.5%) and Port Pendennis Marina in Cornwall (30.8%).
THE WATER MARK
Not all marinas carried a premium. Wick Marina in the Highlands was the most affordable, with homes 54.4% cheaper than the wider local authority average.
Portland Marina in Dorset (–30.4%), Weymouth Harbour (–21.6%), Stornoway Marina in the Western Isles (–21.3%) and Poole Quay Boat Haven (–4.4%) also offered discounts.
COASTLINE MAGNET
Adam Day, Head of eXp UK, says: “The UK coastline is a magnet for homebuyers, whether it’s the promise of a peaceful retirement, a bolthole by the sea, or the practical benefits of being close to a marina for those who love life on the water.
“For the latter, marinas offer more than just convenience for boat owners; they’re lifestyle destinations in their own right, blending leisure, community, and natural beauty.
“However, our research shows that in many locations, this convenience translates into a notable house price premium, particularly in some of the UK’s most desirable and exclusive marina settings.
“The good news is that there are still pockets where buyers can enjoy the same lifestyle without paying over the odds, proving that coastal and marina living can be accessible to a broader range of budgets.”
