According to the public record, 17, The Homefield, Morden is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 441 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
The Homefield, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
17, The Homefield, Morden has 31 entries in the Land Registry database, most recently in October 2006 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 17 The Homefield Morden as £304,152 and the rental value as £1,446 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 17 The Homefield Morden has increased by £7,866 (2.6%) and its rental value has increased by £72 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 17, The Homefield, Morden is in very good condition we estimate a sale value of £319,360 and rental value of £1,518 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,862 and a rental value of £1,345 per month.
If you were able to purchase this property for the estimated value of £304,152, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,495 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, 17, The Homefield, Morden was last sold on 02 Oct 2006 for £140,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, The Homefield, Morden within a radius of 530 metres over the last 2 years.
The most recent example is 1, The Homefield, Morden, SM4 5AS, a Leasehold flat which sold for £232,000 in Sep 2023.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Homefield, Morden, SM4 has a total of 24 addresses. According to our analysis of all the public data, 17, The Homefield, Morden is the 22nd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in SM4.
The closest station to 17, The Homefield, Morden is Morden South station which is 300 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 17, The Homefield, Morden, 43.7% of property is privately rented and 24.4% is privately owned outright.
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 17, The Homefield, Morden, 21.8% of residents are recorded as possessing school level qualifications and 51.7% 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 17, The Homefield, Morden, the average age was 36.2 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 17, The Homefield, Morden, 0.0% 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 17, The Homefield, Morden, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.