Sunderland street named as cheapest place to live in UK

Waterloo Walk is the cheapest place to live in the UK, according to figures.
Waterloo Walk is the cheapest place to live in the UK, according to figures.
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A street in Sunderland has been named as the cheapest place to live in the UK for the second year running.

Property prices in Waterloo Walk, Washington, average about £16,500, according to data from the Land Registry. Many of them are currently boarded up or abandoned.

The street is made up of flats, and one landlord said: "The council now runs a scheme to vet tenants and they crack down on anti-social behaviour quite quickly.

"There are generally nice people here."

According to the figures, South Easton Place, in Belgravia, is the most expensive street in the country, with houses there selling for an average of £9.9million.