New homes can change an area for the better
Skerningham Estates Ltd has recently submitted a hybrid planning application for the initial phase of this ambitious project. This development is not just about new homes; it's about creating a whole new community that will complement our existing neighbourhoods.
Key points of the development:
- 450 homes proposed in the initial phase, with 90 categorised as 'affordable'
- Plans include a new retail store and pub
- The project is estimated to cost around £120 million
For current homeowners in Darlington, this development could have several implications. Firstly, the introduction of 450 new homes, including affordable options, could potentially impact the local property market. This increased supply might initially create more competition if you're looking to sell. However, it's important to note that this development is likely to attract new residents to our area, potentially increasing overall demand for housing in Darlington.
The addition of new amenities like a retail store and pub could make the surrounding areas more desirable. For instance, if you own a property in Beaumont Hill, Whinfield, or Great Burdon, which will adjoin the new development, you might see increased interest from buyers attracted by these new facilities.
Moreover, large-scale developments like this often leads to improvements in local infrastructure and services. This could benefit existing homeowners by enhancing the overall appeal of Darlington as a place to live.
New schools and medical services is great news for a local community
Looking at the bigger picture, the plans for up to 1,650 houses by 2036, with facilities such as a GP surgery and schools, suggest long-term growth for our area. This could be a positive sign for property values in the future.
It's worth noting that all new housing must follow the Design Code adopted by Darlington Borough Council in September 2023. This commitment to quality could help maintain the character of our area and potentially support property values.
Skerningham Estates believe the development will create a "liveable and sustainable community, designed around prioritising residents' health, well-being and overall quality of life".
However, it's also important to be aware of the concerns raised by some residents about protecting nearby woodland and wildlife, as well as the potential location of a new distributor road. These factors could influence buyer preferences and should be considered when valuing properties in the affected areas.
While this development will bring changes to our local property market, it also presents opportunities. The influx of new residents, improved amenities, and potential infrastructure upgrades could make Darlington an even more attractive place to live.
If you're considering selling your home, now might be a good time to get an updated valuation. The announcement of this development could already be influencing buyer perceptions of our area. Would you like to discuss how these changes might affect your property's value specifically?
Contact Anthony Jones for all Darlington property matters
If you are looking for help with any matter of the Darlington property market, it is best to speak to property professionals. No one knows for sure what is going to happen next, so we won’t claim to have all the answers, but the Anthony Jones team is keen to help you as best we can. If you would like to contact us over housing matters, please call us today on 01325 776424.
