According to the public record, 266, Central Road, Morden is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,143 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Central Road, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
266, Central Road, Morden has 31 entries in the Land Registry database, most recently in November 2009 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 266 Central Road Morden as £630,032 and the rental value as £2,791 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 266 Central Road Morden has increased by £6,370 (1.0%) and its rental value has increased by £98 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 266, Central Road, Morden is in very good condition we estimate a sale value of £661,533 and rental value of £2,931 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £585,930 and a rental value of £2,596 per month.
If you were able to purchase this property for the estimated value of £630,032, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,096 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, 266, Central Road, Morden was last sold on 20 Nov 2009 for £305,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2009, the market for similar properties has risen 98.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 266, Central Road, Morden within a radius of 600 metres over the last 2 years.
The most recent example is 12, Chalgrove Avenue, Morden, SM4 5RB, a Freehold house which sold for £638,000 in Jan 2023.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Central Road, Morden, SM4 has a total of 266 addresses. According to our analysis of all the public data, 266, Central Road, Morden is the 29th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £143k more expensive than the average property in SM4.
The closest station to 266, Central Road, 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 266, Central Road, Morden, 30.2% of property is privately owned with a mortgage and 27.3% 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 266, Central Road, Morden, 20.8% of residents are recorded as possessing school level qualifications and 42.9% 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 266, Central Road, 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 266, Central Road, 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 266, Central Road, Morden, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.