Life’s a beach hut

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Extraordinary prices

More evidence is emerging that as property prices recover, the cost of beach huts too are hitting new extraordinary levels, and this issue particularly affects Wales.

One is on the market for £230,000 and the marketing for it declares: “The hut is a perfect getaway for couples, and is happy to take two small dogs”.

Prices are on the up

These incredible prices are likely to soar in the months to come, as stability offered by the General Election (GE) result pushes them ever higher.

Even in early Spring there were tentative signs of a rebound.

In May for example, Wales showed, on average, that house prices had risen by 0.9 per cent since February.

That’s an annual price increase of 1.3 per cent taking the average property value to £214,000.

Selling a house is a sign of the future

In England property prices are even more eye-watering.

Home prices there have risen 0.7 per cent since February, and there has been an annual price rise of 1.8 per cent which makes the average property in the UK £283,000.

Controversy has swirled around the unbelievable price of beach huts in Abersoch on the Lleyn Peninsula.

Abersoch has a real problem

One there went up for sale last November and you would have to fork out £185,000 to get it.

But with no one biting at that price, it was later put on the market for (a still extraordinary) £150,000.

You would get a 18 foot by 12 foot corrugated hut – with a timber door and balcony.

Home prices are high, rents are going up, and the price of beach huts is eye watering

The Estate Agent proclaimed: The Hut has been in the same family ownership for a number of years being well maintained with corrugated exterior sheeting, double wooden entry doors and a timber balcony. The hut measures 18’x12′.

“A great family location to relax and play on the golden sands and to take in the wonderful views across Cardigan Bay to the St Tudwal’s Islands with the backdrop of the Cambrian Mountain Range.”

You would have to hand over a lot of money for a beach hut in Wales today, and soon the prices could be even higher

Last year the concern about the high prices was even greater, and it could become so again.

One double-fronted hut on the main beach in Abersoch went on the market in May 2023 at £250,000, but the cost sparked enormous anger.

“You could get a house, a plot of land and everything that went with it for that money”, said Alan and Heather Jenkins, from Mold.

A lot of people are extremely angry at what is happening…

“It’s outrageous. Who are these people – it’s crazy”, said the couple, who were on holiday in the area. “These are just timber sheds.”

So if you want somewhere to put your bucket and spade, prepare to pay even more from now on…

 

‘BUY MY BOOK!’

The memories of our Editor, Welshman Phil Parry’s remarkable decades long award-winning career in journalism (during which major issues like property prices were often covered) as he was gripped by the rare and incurable neurological disabling condition Hereditary Spastic Paraplegia (HSP), have been released in a major book ‘A GOOD STORY’ (including The Cardiff Newsagent Three case). Order the book now!

Regrettably publication of another book, however, was refused, because it was to have included names.