What if we told you that you can buy a house for just £5k in Country Durham? Yes, you heard right, but it’s a cliché that houses selling for as little as £5k are located within a ‘Ghost Town’ seaside resort that was all but abandoned after the mining industry collapsed. In this article, we will tell you the story of Ghost Town Resort. There are many people searching the web who are curious as to why homes are selling for cheap in Durham State. Therefore, we have created this article to answer people’s queries about Ghost Town Resort. If you are also looking for details about the same, then this article will give you a lot of information. Stick to this page and look below.
A resort in a ghost town
There was a time when the Horden colliery in Durham was popular for its productivity and employment. Thousands of people worked there. But now hundreds of houses are closed. The town of Horden once employed 4,000 workers but closed in 1987. Now hundreds of residents in the area have been locked up and are selling their homes for at least £5,000. But why? Scroll down the page and know this.
The people who left their homes in that area say that there is a big problem of drug use. Because of this, countless people have now moved to other areas of the country and left their homes. Once upon a time, that European city held the record for the number of tons of coal extracted from a mine in one day, according to famous YouTuber David Burnip. According to reports, some 6,757 tons were removed in one day. It was May 9, 1930, and that record stood unbroken for 30 years. Scroll down the page to read more.
YouTuber David Burnip said: “Now most of the workers have moved out and entire streets are empty and lined with boards.” A shocking drop in house prices can be seen now. The house, on 6th Street, was reportedly worth more than £65,000 in 2008 but was put up for sale last year for less than half its 2008 price. And not just the younger generation but some older ones as well. . In May 2023, four houses were listed at £5,000. Stay tuned to this website for more details and updates.
Categories: Trends
Source: HIS Education