Ghost Town Seaside Resort: where houses are for sale for just £5k

What if we told you that you can buy a house for just £5k in Country Durham? Yes, you heard right, but the cliché is that the houses that are for sale for just £5k are within the ‘Ghost Town’ seaside resort which has faced near dereliction after the collapse of the coal mining industry. In this article, we tell you the history of the Ghost Town spa. There are many people who are searching the web and showing their curiosity to know why houses are selling cheaply in Country Durham. Therefore, we have come up with this article to address people’s queries about the Ghost Town Spa. If you are also looking for details about the same, then this article will let you know a lot. Stay with this page and take a look below.

Spa Ghost Town

Once the Horden Colliery in Country Durham was popular for its productivity and employment. Thousands of people used to work there. But now, hundreds of houses are closed. The town of Horden once had 4000 workers working there but it went into lockdown in 1987. Now hundreds of residents in that area are in lockdown putting their houses up for sale for as little as £5k. But why? Scroll down the page and know this.

Spa Ghost Town

People who have abandoned their homes in that area denounce that there is a rampant problem with drug use. That is why now countless people have moved to other parts of the country and have abandoned their homes. Once that European city held the record for the most tons of coal extracted from a mine in one day, famous youtuber David Burnip claimed. Around 6,757 tons were reportedly removed in a single day. It was a matter of May 9, 1930, and this record stood unbroken for 30 years. Scroll down the page and read more.

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Spa Ghost Town

YouTuber David Burnip said: “Now most of the workers have moved out and entire streets are deserted and boarded up.” The shocking drop in house prices can be seen now. A house located on 6th Street was reportedly worth more than £65,000 in 2008, but last year it was trading at less than half its 2008 price. A former colliery employee said many young people are on drugs now, not only the younger generation, but some older ones as well. As of May 2023, four houses were listed at £5000. Keep an eye on this website for further details and updates.

Spa Ghost Town

Categories: Biography
Source: vtt.edu.vn

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