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LOCATED ON THE South coast of England, Sandbanks is the fourth-most expensive place to live in the world, according to The Daily Mail.

This puts it behind London, New York, and Singapore.

The average house price of the area fell during the 2007 banking crisis, but seemed to recover when an empty 1,393 square metre plot of land sold for £13.5 million (€18.7 million) in 2009.

Rightmove lists a number of properties, almost all of which cost around £5 million (€7.1 million). In contrast, the average UK house price is around £190,000 (€262,000).

Here’s what £6.5 million (€9.2 million) gets you in the fourth most expensive area in the world…

Sandbanks is located in Dorset, South England, on the coast. Max Slater-Robins / BI Max Slater-Robins / BI / BI

Designed by architects Terence O'Rourke, Eastern House is an ultra-modern mansion both inside and out. Celia Sawyer Celia Sawyer

The house is right on the water's edge with a view to Old Harry's Rock and Studland, one of the largest beaches in the UK Celia Sawyer Celia Sawyer

The interior of the house is designed by Celia Sawyer, a celebrity interior designer with her own Channel 4 TV show. Celia Sawyer Celia Sawyer

The interior of the mansion is designed to be ultra-minimal. Celia Sawyer Celia Sawyer

Every detail is carefully selected to fit into this design ethos, right down to the cutlery. Celia Sawyer Celia Sawyer

Sawyer's choice of materials is deliberate, giving the house a high-quality fit and finish. Celia Sawyer Celia Sawyer

The house is spread across four floors but does include a lift. The ground floor includes a spa area. Celia Sawyer Celia Sawyer

And a pool. In the colder months, the owner can swim inside rather than having to venture into the Atlantic. Celia Sawyer Celia Sawyer

The roof has a carved out section that houses a seating area. Celia Sawyer Celia Sawyer

All in all, you get a surprising amount of space and luxury, even in the fourth-most expensive area in the world. Celia Sawyer Celia Sawyer

Max Slater-Robins for Business Insider. 

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