According to the public record, 148, Green Lane, Morden is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 604 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Green Lane, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
148, Green Lane, Morden has a single entry in the Land Registry database from November 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 148 Green Lane Morden as £321,514 and the rental value as £1,549 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 148 Green Lane Morden has increased by £8,005 (2.5%) and its rental value has increased by £78 per month (5.0%).
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 148, Green Lane, Morden is in very good condition we estimate a sale value of £337,590 and rental value of £1,626 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,008 and a rental value of £1,440 per month.
If you were able to purchase this property for the estimated value of £321,514, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,580 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, 148, Green Lane, Morden was last sold on 19 Nov 2021 for £316,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has risen 7.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 148, Green Lane, Morden within a radius of 490 metres over the last 2 years.
The most recent example is Flat 22, 104, Green Lane, Morden, SM4 6FE, a Leasehold flat which sold for £330,000 in Sep 2022.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Lane, Morden, SM4 has a total of 316 addresses. According to our analysis of all the public data, 148, Green Lane, Morden is the 262nd largest and the 201st most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in SM4.
The closest station to 148, Green Lane, Morden is St Helier (London) station which is 100 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 148, Green Lane, Morden, 41.8% of property is socially rented and 24.2% is privately rented.
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 148, Green Lane, Morden, 19.6% of residents are recorded as possessing school level qualifications and 36.9% 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 148, Green Lane, Morden, the average age was 37.9 and the most common age was 42.
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 148, Green Lane, Morden, 1.0% 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 148, Green Lane, Morden, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.