According to the public record, 1, Rose Avenue, Morden is a early-century leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 1, Rose Avenue, Morden, SM4.
Rose Avenue, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
1, Rose Avenue, Morden has 3 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated January 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Rose Avenue Morden as £441,579 and the rental value as £1,870 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 1 Rose Avenue Morden has increased by £13,775 (3.1%) and its rental value has increased by £103 per month (5.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Rose Avenue, Morden is in very good condition we estimate a sale value of £463,658 and rental value of £1,963 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,669 and a rental value of £1,739 per month.
If you were able to purchase this property for the estimated value of £441,579, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,170 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Rose Avenue, Morden was last sold on 18 Jun 2021 for £395,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2021, the market for similar properties has risen 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Rose Avenue, Morden within a radius of 460 metres over the last 2 years.
The most recent example is Flat 12, Windings House 23, Schoolgate Drive, Morden, SM4 5DB, a Leasehold flat which sold for £265,000 in Feb 2020.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rose Avenue, Morden, SM4 has a total of 26 addresses. According to our analysis of all the public data, 1, Rose Avenue, Morden is the 12th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in SM4.
1, Rose Avenue, Morden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jan 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Rose Avenue, Morden is Morden station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Rose Avenue, Morden, 37.8% of property is privately owned outright and 26.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Rose Avenue, Morden, 18.3% of residents are recorded as possessing school level qualifications and 35.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Rose Avenue, Morden, the average age was 38.9 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Rose Avenue, Morden, 1.3% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Rose Avenue, Morden, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.