UK's cheapest place to live in is small northern town dubbed 'budget capital'
Share:
A small town in the north of England has been recognised as one of the cheapest places to live, according to a survey by the housing agent Zoopla. It indicated that Shildon in County Durham is Britain's budget capital and the most affordable location in England.
Shildon has received awards time and time again for being the most cost-effective place to live. It's located only 13 miles from Durham, and closeby to Middlesborough. It features plentiful green space and easy access to lots of urban areas. According to Rightmove, properties in Shildon had an average price of £83,345 during the last year. Most sales in Shildon have been terraced properties, which have sold for an average price of £62,277.
Semi-detached properties sold for an average of £92,019 last year, with detached properties fetching £216,325. Overall, sold prices in Shildon over 2023 were 9 percent down on the previous year and 14 percent down on the 2018 peak of £97,355. The town's streets were busy were local independent businesses with friendly owners who were ready to chat, reported Chronicle Live.
Maurice Card, owner of Shildon Sweet Treats, told the publication: "I'm originally from Shildon so I know a lot of the people. I enjoy having conversations with the locals. Everyone here is different, with different lives and interests. Some people are lonely and they come for a chat. Most shops in Shildon will help out and support each other. We would share online when new shops have opened on the street. It's a real sense of community.".
