Tony Blair to sell his one time constituency home

October 2, 2009 at 8:54 AM Leave a comment

Former Prime Minister Tony Blair is to sell his onetime constituency home Myrobella House in Trimdon Colliery, Durham – the county which we recently revealed as the slowest recovering area in Britain, seeing values grow by only 1.1% since March of this year.

According to the Daily Mail, TB paid £30,000 for the property back in 1983 and the four bedroomed detached house is now being marketed for £300,000 through local agents Robinsons.

It appears TB is beating the current market with this property. If we look at the Zoopla! Zed-Index (the average home value in a given area based on current Zoopla! Estimates) for Trimdon Colliery it’s £153,930 for a detached house, which suggests that Blair’s home is likely to be one of the larger, if not largest on that street. Here’s a map view of Trimdon Colliery.

Since stepping down as leader of the Labour party in June 2007 TB has become somewhat of a property collector with a stunning country pad in Buckinghamshire: The South Pavilion in Wotton Underwood which set him back £4m, and the well documented purchase of Connaught Square, Central London which cost £3.6m in 2004 and we now value at £4.6m.

So, when he agrees a sale of Myrobella House we believe he’ll add to his portfolio of stunning properties – maybe an overseas purchase?

Oh and if you were wondering what Myrobella is – it’s a variety of plum.

Market overview for Trimdon Colliery

Market overview for Wotton Underwood

Market overview for Connaught Square, W2

Entry filed under: Celebrity, General News, House Prices. Tags: , , , .

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