This UK Town Tops The List As Most Affordable, With Homes Starting At $7K

Thinking of relocating?

Damjan

• Published in Community
• October 13, 2024

Shildon, a small town in the United Kingdom, has gained recognition as the country's most affordable place to live. With property prices skyrocketing across much of the UK, finding affordable housing is becoming increasingly complex, making towns like Shildon especially attractive for potential homebuyers.

Affordability plays a crucial role in people's decisions on where to settle down, especially for first-time buyers looking for good value without compromising on lifestyle. Shildon's median house price is meager, standing at just £69,650 (around $91,000)

This makes the town more affordable than many other parts of the UK. In contrast, the average annual income of a couple in the city is £65,438 ($85,520), meaning the cost of a home is slightly more than their combined yearly earnings.

In many parts of the country, property prices often require buyers to spend significantly more, sometimes up to four times their combined salary on a house (Zoopla, 2023).

This isn't the first time Shildon has topped the list of the most affordable places to live. Its reputation as a budget-friendly town has drawn attention in previous years, and its appeal continues to grow.

Shildon offers much more than just affordability. Nestled in the picturesque countryside of County Durham, the town provides an excellent balance of peaceful living and proximity to city life.

Shildon is an ideal option for commuters working in Durham or other nearby cities, being only 13 miles away and easily accessible by road. It allows residents to enjoy the tranquillity of rural life while staying connected to urban centers.

Shildon is just a 25-minute drive from Durham, offering the convenience of city access alongside the tranquility of the countryside.

County Durham, as a whole, is known for its affordability, with six of its towns featured among the top 10 most affordable places in England. Shildon's location makes it particularly appealing for those who want a good deal on property without straying too far from larger cities.

The town is just a 25-minute drive from Durham, allowing residents to work or socialize in the city while enjoying a quieter home environment.

Shildon offers scenic countryside, affordable options for homebuyers, and easy access to major transport routes.

Shildon also holds a special place in England's history. It is home to the Locomotion Museum, a tribute to its past as the location of England’s first railway station on the Stockton and Darlington Railway.

The town’s railway heritage is celebrated in many ways, including Hackworth Park, which honors Timothy Hackworth, a key figure in locomotive engineering. His contributions are commemorated through a drinking fountain and a statue in the park, making it a spot of historical significance and local pride.

Shildon's Locomotion Museum

For those looking for a place that combines affordability, natural beauty, and easy access to major cities, Shildon ticks all the boxes. It offers excellent value for money, a charming community atmosphere, and a unique slice of English history.

Whether for first-time buyers or families seeking a quieter lifestyle, Shildon is an attractive option in today’s competitive housing market.

Damjan