Thinking of moving to County Durham? This cathedral city, occasionally known as Durhamshire, is a county in North East England. Whether you’re starting a family, planning an investment or beginning higher education, here is what city has to offer …
House Prices 🏠
- Most expensive property: £5.5m for a detached house, with land, stables, an adjoining cottage and a luxury lodge
- Average house price in city: £136,748
- Cheapest property: £5,000 for a terraced house (auction price).
Property Investment 🏠 🏠
- The area is undergoing regeneration with a focus on making the area a top location for businesses and, creating sustainable homes and vibrant communities
- Residential house prices are expected to increase by 9.3% from 2017 - 2021
- The University attracts over 17,500 students, meaning there may be opportunities to invest in a student let.
- Hitachi Rail Europe opened its £82m European HQ for high speed trains in County Durham in 2015
- A £20 million investment fund to grow local businesses that aims to create thousands of jobs for County Durham was agreed in 2016
- Some important business sectors in Durham are Advanced Manufacturing, Agri-Business, Energy, Film and Tourism.
Location and Transport 🚌
- The closest airports are Newcastle Internationaland Durham Tees Valley, flying to Dubai, Paris, Heathrow and Amsterdam connecting with transatlantic and worldwide destinations
- High speed trains run twice an hour between London and Edinburgh stopping at Durham, and several more Cross Country and Northern Rail services stop at Durham daily. Travel time to London from Durham less than 3 hours and only 2 hours from Edinburgh
- The A1m and A19 provide the main north-south routes to the rest of the country.
- The county has above average schools - the percentage of students achieving five or more A* - C grades is 63%, which is better than the English average of 59%.
- The University of Durham is based in Durham city and is sometimes held to be the third oldest university in England
- The area has a number of colleges, Catholic and Church of England schools, and academies.
· County Durham is a safe and secure place to live and work. In the year to June 2014, Total recordable crime in the county was 84% of that for the whole of England and Wales
- There is lots of history with the medieval castle Raby, Bowes Museum, a French chateau in the heart of the county, and of course, the World Heritage Site of Durham Cathedral and Castle
- Beamish, the Living Museum of the North, features one of the most important collections of social history in the world
- Or amaze at High Force, one of the most spectacular waterfalls in England and Durham’s Heritage Coast with its beaches, rugged cliffs and imposing headlands.
Finally, did you know …
- Causey Arch is the world’s oldest surviving railway bridge, built in 1725-1726 by a local stonemason?
- Comic Stan Laurel of Laurel and Hardy fame was baptised and schooled in the county after leaving his birthplace in Cumbria?
- That Durham was the first UK city to introduce congestion charging? The single-track Saddler Street which had long been a bottle neck to the centre of the ancient city had a barrier system introduced in 2002?