Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Property»The UK seaside town with astoundingly cheap homes on offer for just over £100k | UK | News
    Property

    The UK seaside town with astoundingly cheap homes on offer for just over £100k | UK | News

    May 15, 20253 Mins Read


    The UK is packed full of seaside villages and towns, with homes in some of them being relatively easy to buy. One of these places is Peterlee in County Durham in the north east of England. It is technically a new town, built under the 1946 New Towns Act. According to the 2021 Census, it has a population of around 20,300 residents, and to join them property hunters would not have to fork out much. Rightmove says that house prices in the area have an overall average of £105,571 over the last year.

    The majority of properties sold during the last year were terraced, selling for an average price of £71,094. Semi-detached properties, meanwhile, sold for an average of £116,668, with detached properties fetching £231,059. Overall, experts add, the historical sold prices in Peterlee over the last year were 2% up on the previous year and similar to the 2021 peak of £106,583. Zoopla, however, reports that terraced houses have an average asking price of £69,000, and detached £260,000. For semi-detached the figure is £100,000.

    The site says of the town that it is offers a “relaxed coastal lifestyle” and “allows residents to experience a unique blend of cultural heritage and modern amenities, right at their doorstep”.

    It has “steady broadband speeds and easy transportation access”, the property sales site adds, with Newcastle airport only 24.2 miles away.

    Moreover, Peterlee boasts a “rich tapestry of choices when it comes to food, drinks, and shopping”, and, as regards education, the town is served by eight primary schools and four secondary schools, offering a “variety of options for families”.

    But Peterlee has also been described as a “rough area”.

    A couple of years ago, someone asked for people’s opinions on Peterlee from those who live there on Reddit.

    One person said: “It’s not great. A lot of struggles with criminal behaviour… wouldn’t recommend moving there, unless close to family, if there are other options available!”

    Although, they did list some “advantages”, including “nearby shopping options” and facilities like the leisure centre, East Durham College.

    One account said: “You can visit in a car but you wouldn’t want to get out never mind live there!”

    Others stuck up for the town.

    One person wrote: “I live in Peterlee and I think some people are talking a bit of s*** here or making it sound worse than it is… while it’s not great it’s not as bad as what people are making out.

    “Maybe I don’t go to the rough areas? As a few have said there are good and bad areas.

    “Have a look at the Oakerside area, Grampian Drive area they are decent places. Stay away from Elliot Road.”

    A different account said: “It has its good and its bad parts, like anywhere really. Don’t really go in the town center much, but when I do its like anywhere else.

    “Shops are adequate… I would say the closer to the town center the worse it gets, but then once you go past the town and behind the hospital and doctors it’s not bad.

    “Like everywhere things seem to be getting worse, but thats more with ASB and the kids having nothing to do.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    The home features that could ‘add thousands’ to a property’s value

    Property

    Amazon’s £40B UK Investment Will Centre On Property

    Property

    Missouri Proposes Property Tax Changes: What To Know

    Property

    Grande Asset Hotels and Property annonce un défaut de paiement sur ses obligations GRAND256A

    Property

    Sirius Real Estate obtient une nouvelle ligne de crédit de 150 millions d’euros

    Property

    ‘I’m a property expert – here’s why your home’s more grim than you think’

    Property
    Leave A Reply Cancel Reply

    Top Picks
    Property

    Woman calls police after nearly 100 raccoons surround her property

    Stock Market

    Does Europe need Chinese wind technology to meet climate goals?

    Cryptocurrency

    Introducing the American Federation Dollar (AFD): A Gold-Backed Digital Currency Transforming Global Finance

    Editors Picks

    Roundhill Investments Announces XDTE and QDTE Distributions for August 23, 2024

    August 22, 2024

    Mastercard Expands Product Express Program to More Regions

    October 25, 2024

    “Grunge ruined the party. Do you want to be in a band to be boring? I don’t get it”: How Rob Zombie brought the schlock back with killer metal sequel Hellbilly Deluxe 2

    October 19, 2024

    Metal Band Lordi Releases “Made Of Metal” For OnePlus Nord 4

    August 5, 2024
    What's Hot

    3 Passive Income ETFs for Your Retirement Strategy

    October 29, 2024

    Is S&P Global Inc. (SPGI) the Best Dividend King to Buy for Safe Dividend Growth?

    April 6, 2025

    why gold prices are so high

    April 18, 2025
    Our Picks

    The End of Cash? Exploring the Unintended Impacts of Digital Payment Adoption

    March 23, 2025

    Discover 3 Leading Dividend Stocks

    April 17, 2025

    SA Corporate Real Estate Limited nomme Janys Ann Finn directrice indépendante non exécutive et membre de son comité d’audit et de risque -Le 12 février 2025 à 12:56

    February 12, 2025
    Weekly Top

    Tawasul Transport And Al Maryah Community Bank Launch Digital Payment System In Taxis Using AE Coin

    June 24, 2025

    EarnMining launches solution to achieve daily returns

    June 24, 2025

    Du métal retrouvé dans des sachets de potatoes McCain rappelées dans la France entière, ne les consommez surtout pas

    June 24, 2025
    Editor's Pick

    Product Review: Did Upper Deck 2024-25 Metal Universe Strike Gold?

    May 18, 2025

    Avoiding Cryptocurrency Scams on Coast Live

    February 19, 2025

    Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — August 12

    August 12, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.