The top 5 cheapest places to live in the North East
If you’re looking for affordable properties near historic attractions and amazing landscapes, it might be worth considering the North East, which includes cities like Newcastle and Durham.
The average property in this region costs £192,874, up 5% over the last year.
The North East has the lowest regional prices compared to the rest of the UK – you can even buy a property for under £100,000.
Rightmove has revealed the cheapest places to live in the North East, based on data as of May 2023.
Where are the cheapest areas to buy in the North East?
County Durham and Cleveland are the cheapest places in this region, with both appearing prominently in the below list.
| Area | Average asking price |
|---|---|
| North Ormesby | £70,683 |
| Shildon | £95,916 |
| Eston | £106,332 |
| Easington | £108,429 |
| Peterlee | £108,524 |
North Ormesby
North Ormesby in Cleveland is the most affordable place in the North East with an average asking price of £95,916.
Travelling to Sunderland takes around an hour and 15 minutes and is only a 30-minute drive from North York Moors National Park.
Shildon
Shildon is a town in County Durham with an average asking price of £95,916. It is over an hour from Newcastle by public transport.
The area should benefit from a £20 million investment to transform its Locomotion tourist attraction and reopen the UK’s oldest surviving unaltered suspension bridge, Whorlton Bridge.
Eston
The third cheapest area in the North East, industrial town Eston in Cleveland, has an average asking price of £106,332.
Eston is around a 10-minute drive from North Ormesby and is near Flatts Lane Woodland Country Park, which features woodlands and trails to explore.
Easington
Easington, in County Durham, has an average asking price of £108,429. The village is only around half an hour from Sunderland by public transport.
Easington Beach offers views out to the North Sea. The England Coast Path nearby has many walks to choose from.
Peterlee
Last on our list is Peterlee, a town in County Durham. It has an average asking price of £108,524.
The town is only around a 30-minute journey to Sunderland by bus. It has a few beaches nearby and the Teesmouth national nature reserve, which covers over 350 hectares and offers the opportunity to spot grey seals.
There’s a lot to consider when buying a home, and it’s a stressful process.
It’s worth having a good idea of what you want from your new property both now and in the future, as well as talking to a mortgage broker, who will help you find the best deal for you.
See also:
The most expensive places to live in the North East
The cheapest places to live in the North West
The cheapest places to live in Scotland
The cheapest places to live in Yorkshire
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