Little UK town constantly crowned Britain's cheapest - with homes on sale for just £5k

The UK town has been named as the most affordable area in England, with the average home costing just £69,650 and couples bringing in £65,438 per year

Shildon, a charming town in the UK, has been named as the most affordable place to live. The median house price here is a mere £69,650, while the average couple's annual income is £65,438.

In England, the North East dominates the list of the top 10 most affordable areas, with six spots taken by County Durham. Shildon, located just 13 miles from Durham, is an ideal spot for city commuters seeking tranquillity after work.

According to a study by Zoopla, British couples can anticipate spending nearly four times their combined salary on a home in 2023. This isn't the first time Shildon has been crowned the most affordable place to live in the UK.

It boasts beautiful countryside, excellent value for homebuyers, and major transport links. For first-time buyers, Shildon is perfect, offering outdoor space and easy access to major cities.

It's popular among young families. At the time of writing, the cheapest property is listed for £5,000, followed by one for £10,000, reports the Express.

Shildon is a mere 25-minute drive from Durham, providing residents with the best of both worlds - countryside and city access. The town, which houses the Locomotion Museum due to its history as the site of England's first railway station on the Stockton and Darlington Railway, has a fascinating past.

Hackworth Park, located in the heart of Shildon town, is named after Timothy Hackworth, a renowned locomotive engineer. The park features a drinking fountain commemorating one of his engine designs and also boasts a statue in his honour.

If you're on the hunt for an affordable property in a cosy neighbourhood, Shildon might just be your ideal location.