A Hawke's Bay house which is the last place you'd want to be in the event of a large East Coast swell has sold for an astonishingly cheap $75,500.

The 21 Clifton Road, Haumoana house is the cheapest beach front home sold in the past 12 months in New Zealand, according to Valocity statistics.

It's also the third cheapest house sale in the country over that period.

The house, bought in March by an unnamed trust, is the second property on the road to sell in the past six months.

Advertisement

25 Clifton Road sold in late November for $135,000, $25,000