According to the public record, 2, Ashley Avenue, Morden is a early-century freehold house with 1,130 ft2 of internal area and sits on a 467 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ashley Avenue, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
2, Ashley Avenue, Morden has a single entry in the Land Registry database from July 2020 and a single entry in the EPC database dated January 2020.
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 2 Ashley Avenue Morden as £613,170 and the rental value as £2,761 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 2 Ashley Avenue Morden has increased by £6,200 (1.0%) and its rental value has increased by £97 per month (3.5%).
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 2, Ashley Avenue, Morden is in very good condition we estimate a sale value of £643,829 and rental value of £2,899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £570,249 and a rental value of £2,568 per month.
If you were able to purchase this property for the estimated value of £613,170, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,014 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 data from HM Land Registry, 2, Ashley Avenue, Morden sits on a plot of 467m2.
We have plot size data on 1 out of 4 other houses in the postcode and 2, Ashley Avenue, Morden sits on the largest plot.
According to HM Land Registry, 2, Ashley Avenue, Morden was last sold on 16 Jul 2020 for £535,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2020, the market for similar properties has risen 14.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Ashley Avenue, Morden within a radius of 630 metres over the last 2 years.
The most recent example is 29, Chalgrove Avenue, Morden, SM4 5RB, a Freehold house which sold for £555,000 in Aug 2023.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ashley Avenue, Morden, SM4 has a total of 4 addresses. According to our analysis of all the public data, 2, Ashley Avenue, Morden is the 2nd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in SM4.
2, Ashley Avenue, Morden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jan 2020.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 2, Ashley Avenue, 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 2, Ashley Avenue, Morden, 32.0% of property is privately owned with a mortgage and 26.6% 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 2, Ashley Avenue, Morden, 24.3% of residents are recorded as possessing school level qualifications and 38.1% 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 2, Ashley Avenue, 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 2, Ashley Avenue, Morden, 0.5% 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 2, Ashley 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.