Sandbanks property is worth millions
Welcome to Sandbanks
Even in the current market, Sandbanks remains one of the most expensive places for property in the world. BBC programme The Truth About Property took a look around.
Sandbanks is known the world over as one of the most exclusive places to live.
Property is said to be more expensive to buy here than in places like Monte Carlo, Miami or the Maldives.
The houses enjoy spectacular views
Local estate agent Tom Doyle calls it a 'developer's paradise', even in the current climate of uncertainty and depressed prices in the property market.
Houses and plots of land are up for sale for millions of pounds, but as Tom Doyle points out, it's nothing more than the laws of supply and demand at work.
"If people are still buying, then it's worth what people are prepared to pay for it - and that's the value [of the property]."
Is there a limit?
He says it was back in around 2000 that Sandbanks first gained its reputation as a property hotspot.
Sandbanks estate agent Tom Doyle
Says Tom: "We sold a property on the beach, it was a 1,400sq ft apartment, and we sold it for a million pounds, which worked out at £695 a foot, making Sandbanks the fourth most expensive place in the world."
"Is there a limit to property prices here? ...yeah, but I don't think we've reached that yet."
Watch an excerpt from the BBC programme The Truth About Property as presenter Jenny Scott visits Sandbanks and takes a look at some multi-million pound properties.
More information and further clips from The Truth About Property can be found here:
last updated: 18/11/2008 at 15:33
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Have you been to Sandbanks? Would you like to live there? Or is property just ridiculously overpriced?