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The UK's most expensive seaside town has been named and the top spot has been swiped by a place three hours from London where you may bump into a celebrityA Lloyds Bank survey has revealed the most expensive seaside towns in the UK(Image: Getty Images)If you'd like to see how the other half live, then take a trip to sunny Sandbanks where millionaires live in luxury and high-end restaurants serve up premium feasts.According to LBC, a survey conducted by Lloyds Bank has named Sandbanks, a peninsular area in Dorset, as...

Sandbanks is Britain’s most expensive coastal location, with an average property price of £965,708, it has been revealed. The exclusive Dorset postcode in the South West is where Brits will find a seaside homethe most expensive to buy; nationally the average price of a home by the water is now £295,991. Lloyds Bank research found that property prices around the UK's coastline dipped by an average of 1%, or nearly £3,000, in the last 12 months.In Sandbanks, homes fell by 3%, or £33,595, compared to last year.Lloyds said, even so, Sandbanks remains...