The towns of Great Yarmouth, Lowestoft and Bridlington offer the best value coastal property, a new survey has concluded.

According to the latest annual coastal study by the Halifax, nine of the 20 seaside towns looked at had an average house price below the current UK average of £200,000.

In Bridlington, the average home costs just £139,645, with prices in Lowestoft and Great Yarmouth standing at £141,878 and £142,860 respectively.

Commenting on the study's findings, Colin Kemp, managing director of Halifax estate agents, said: "Seaside towns tend to have house prices that are at a premium to their surrounding areas and have generally seen strong house price growth over the past few years.

"There are still some bargains to be had for home buyers. Bridlington, Lowestoft and Great Yarmouth are the three seaside towns in Britain that offer the best value for money."

In addition, all of the towns looked at in the survey were also found to be within the top 50 per cent of UK destinations in terms of quality of life.

However, seaside towns have also found to be often more expensive than inland locations, with Sandbank in Dorset currently boasting an average home price of £488,761, far above the national standard.