Making moves this year
The start of a New Year is a great time to take stock and take a look around you. We hope you have had a great time over the festive period, and that you found time to enjoy yourself doing things you love, or relax completely.
This has been the case for us, but as always, you cannot completely ignore the local housing market, not when you are as passionate about it as us. A couple of recent local news stories caught our eye over the break, so we thought we’d bring some stories to your attention. We also thought we’d take a similar look closer to home, making sure you have a great idea of what the Darlington housing market offers as we enter 2024.
A story in the Northern Echo at the tail end of last year grabbed our attention, notably due to a whopping £3.4m price tag. Walworth Castle Hotel isn’t a residential property, so it’s not as though we’d be encouraging potential buyers to arrange a viewing, but that’s the sort of price tag that makes you sit up and take notice, even during the hazy festive period!
You can find great value for money in the north east of England
At the other end of the spectrum, the same media outlet highlighted Shildon, in County Durham, as being the “cheapest place to buy in England”. The source states a search on Zoopla indicates prices are as low as £45,000. That is good news for people keen to get onto the property ladder for the best possible price, but we couldn’t help but think there are also Darlington options that people can consider in this price bracket.
With respect to properties for sale in Darlington, County Durham (as of the morning of 3rd January 2024), Zoopla states there are 394 properties for sale.
Darlington has homes for every budget
The most affordable property in this selection, excluding auction sales, is a two-bedroom terraced property on Ruby Street, in the DL3 postcode area. The asking price for this property is £95,000. This is classed as retirement property relating to the Home for Life plan, so it isn’t a property that is available for every potential buyer.
The market starts to come alive at the £50,000 mark, with a range of properties, both old and new on offer. With modest flats and compact terraced properties, there are options for people looking to step onto the property ladder, and those who are looking to downsize.
Briefly touching on auction prices, there are properties listed with a guide price of £25,000 in Diamond Court and Arthur Street. These properties require a lot of work to bring up to a suitable standard, and of course, the price paid at an auction is often much higher than the initial guide price. However, if you want to make the most informed decision about making a move in the local housing sector, it is helpful to know everything that is on offer.
At the other end of the market, the most expensive asking price in Darlington (at least for a typical property) is £895,000 for a four-bedroom property on Coniscliffe Road, in the DL3 postcode area.
Of course, if money was no object, a piece of Darlington history is listed for sale at £2,850,000. This is the asking price for St Clares Court, a ten-bedroom and 9-bathroom property in the DL3 postcode area. With tennis courts, stables, a cocktail bar, organ room, games room and gym, this is far removed from your typical listing for Darlington, but it indicates the wide variety of options in the Darlington housing market.
No matter your budget, and no matter your interest, we know the local housing market inside out, and we are always on hand to help.
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.