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Britain’s Hottest Real Estate Spot Is a Town on the Devon Coast

  • Brixham saw asking prices surge 25% in a year, Rightmove says
  • Strong demand across U.K. also reported in latest RICS survey
Boats are anchored in the fishing town of Brixham.
Boats are anchored in the fishing town of Brixham.Photographer: Joe Jackson/AFP/Getty Images

A fishing town in southwest England is the hottest property location in the country when it comes to asking prices.

Brixham in Devon, more than four hours west of London by car, saw the price of homes coming to market surge by 25% in the year through February, property portal Rightmove said in a report Thursday. In the borough of Torbay, where Brixham is located, prices rose 21% after a sharp increase in demand.