According to the public record, 120, Morden Road, London is a period leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 120, Morden Road, London, SW19.
Morden Road, London, SW19 is located in the borough of Merton within the SW19 postal district.
120, Morden Road, London has a single entry in the Land Registry database from October 2018 and a single entry in the EPC database dated April 2018.
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 120 Morden Road London as £418,610 and the rental value as £1,925 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 120 Morden Road London has increased by £19,622 (4.7%) and its rental value has increased by £91 per month (4.7%).
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 120, Morden Road, London is in very good condition we estimate a sale value of £439,540 and rental value of £2,022 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,307 and a rental value of £1,791 per month.
If you were able to purchase this property for the estimated value of £418,610, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,057 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, 120, Morden Road, London was last sold on 22 Oct 2018 for £397,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2018, the market for similar properties has risen 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 120, Morden Road, London within a radius of 600 metres over the last 2 years.
The most recent example is 128, Morden Road, London, SW19 3BP, a Leasehold flat which sold for £410,000 in Dec 2021.
Read more about house prices in SW19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morden Road, London, SW19 has a total of 154 addresses. According to our analysis of all the public data, 120, Morden Road, London is the 66th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £443k less expensive than the average property in SW19.
120, Morden Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Apr 2018.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 120, Morden Road, London is South Wimbledon station which is 600 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 120, Morden Road, London, 54.4% of property is privately rented and 21.6% 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 120, Morden Road, London, 18.3% of residents are recorded as possessing school level qualifications and 52.0% 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 120, Morden Road, London, the average age was 35.6 and the most common age was 32.
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 120, Morden Road, London, 0.3% 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 120, Morden Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.