County Durham regeneration partnership hits housebuilding milestone

A regeneration partnership established to revive communities and economies in the Durham coalfields has hit a milestone with the construction of its 2000th home.

The property is being built at The Fell, Chester-le-Street, where the Durham Villages Regeneration Company (DVRC) is delivering 78 two-, three- and four-bedroom homes.

When completed next year, the development will be the 32nd delivered by DVRC, which is a partnership between Durham County Council and Keepmoat Homes. In total these will consist of 2,059 homes, with almost a quarter – 448 –for “affordable” rent.

Meanwhile, the organisation said the show home at Chester-le-Street could potentially be DVRC’s 2,000th sale, dependent on purchases over the next few months.

“It’s rewarding to have reached this significant milestone, however as well as delivering 2,000 homes, as a partnership we have been committed to supporting the communities in which we work,” said Ian Prescott, Keepmoat Homes’ land and partnerships director.

“This has been achieved through providing training opportunities, apprenticeships and jobs, which has helped retain young families in the Durham villages, boosting micro economies across the county.”

Councillor Carl Marshall, chair of DVRC, added: “It’s exciting to have reached this landmark figure in our quest to transform council-owned land with much needed new homes. It’s also incredibly rewarding to see the positive impact DVRC’s developments are having across County Durham. From supporting local charities, schools and organisations to providing training opportunities for the next generation of construction workers.”

DVRC was established in 2001 and its says the average price of its homes is around £105,000, claiming it has “consistently delivered homes within the reach of local, young people”.

Over 80% of properties sold have been bought by those living within 10 miles of the development, and around 60% have bee first-time buyers, DVRC claims.

The Fell is one of four live sites being developed by DVRC. The others include Coppice Heights, Dipton; Byron Mews, Seaham; and Woodland Mews in Peterlee.

NH

Main Image: (Left to right) Ian Prescott, Keepmoat Homes; Councillor Linda Marshall; Ian Worgan, Keepmoat Homes; Simon Henig CBE, leader of Durham County Council; and Councillor Carl Marshall, chair of DVRC.

 

 

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