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Property details for 8 Challum Drive, Motherwell ML1 2FD

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Zoopla Estimate: £269,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £269,000
    Refine estimate

  • Value change
    650 (0.2%) 3,300 (-1.2%) 11,350 (4.4%) 24,200 (9.9%) 32,300 (13.7%) 47,550 (21.5%) 44,150 (19.6%)  
    from 
  • Rental value
    £1,500 pcm
  • Confidence level
    87
  • Value range
    £253,000 - £284,000
  • Rental range
    £1,400 - £1,600 pcm

Monthly running costs Beta

£572 Monthly total
Remortgage
Property value
Loan amount (60%) 161,400
Repayment term 25
Interest rate 0.5
Your payment £572 /mo Find remortgage deals In partnership with uSwitch
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Energy Gas -- Electricity -- Estimated energy cost --/mo (--/yr) Compare energy deals now In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this size and region.

Estimated consumption

Gas: unknown kWh/year
Electricity: unknown kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

North Lanarkshire

Estimated tax band -- Council tax cost -- /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply -- Sewerage -- Estimated water cost -- /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Last sale: £255,000 | Sale date: 18th Apr 2008

This property is located at 8 Challum Drive, Motherwell ML1 2FD and has an estimated current value of £269,000. Challum Drive has 44 properties on it with a average current value of £235,895, compared to an an average property value of £136,838 for ML1. There have been 11 property sales on Challum Drive, ML1 over the last 5 years with an average house price paid of £189,163 and this property was last sold on 18th Apr 2008 for £255,000. There are currently 152 homes for sale in ML1 with an average asking price of £137,912 and 48 properties to rent in ML1 with an average asking rent of £4,570 pw.

Owner info

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Market activity
Average price paid £131,793 Sales 833 Current average value £136,838 (Zoopla Zed-Index) Value change £5,393 ▲ 4.10%

What is the current average value of properties in ML1?

The current average value in ML1 in January 2017 is £136,838. This has increased 0.26% from October 2016. Terraced properties sold for a current average value of £92,906 and semi-detached properties valued £135,860. In the past year property prices in ML1 have increased 4.10%. This is according to the current Zoopla estimates.

Property value data/graphs for ML1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £225,995 £150 3.8 £200,681
Semi-detached £135,860 £135 2.9 £124,084
Terraced £92,906 £114 2.6 £76,142
Flats £86,405 £121 2.0 £72,666

Current asking prices in ML1

Average: £136,382
Avg. current asking prices in ML1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £96,115
(17)
£156,382
(26)
£212,752
(37)
£249,749
(4)
Flats £59,575
(16)
£79,102
(42)
£55,330
(3)
- -
All £59,575
(16)
£84,004
(59)
£145,929
(29)
£212,752
(37)
£249,749
(4)

Current asking rents in ML1

Average: £471 pcm
Avg. current asking prices in ML1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £310 pcm
(2)
£494 pcm
(1)
£942 pcm
(3)
- -
Flats £349 pcm
(11)
£440 pcm
(7)
£587 pcm
(2)
- -
All £343 pcm
(13)
£446 pcm
(8)
£800 pcm
(5)
- -

Fun facts for ML1

Highest value in ML1
Highest value streets Zed-Index
Gadwall Grove £439,299
Lapwing Crescent £428,290
Snead View £414,269
Faulkner Grove £390,207
Glen Orchy Road £365,826
Highest turnover in ML1
Highest turnover streets Turnover
Franklin Drive 104.8%
Creston Wynd 104.8%
Peacock Wynd 102.5%
Gadwall Grove 100.0%
Pappin Drive 100.0%

What Zoopla users think of Motherwell

Overall rating:

  • currently 4 stars
Very good - 78% (54 ratings)

Ratings breakdown:

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  • 4
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Local info for North Lanarkshire

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