According to the public record, 318, Garth Road, Morden is a leasehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 731 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Garth Road, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
318, Garth Road, Morden has 41 entries in the Land Registry database, most recently in April 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 318 Garth Road Morden as £486,062 and the rental value as £2,299 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 318 Garth Road Morden has increased by £8,055 (1.7%) and its rental value has increased by £73 per month (3.2%).
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 318, Garth Road, Morden is in very good condition we estimate a sale value of £510,365 and rental value of £2,414 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,038 and a rental value of £2,138 per month.
If you were able to purchase this property for the estimated value of £486,062, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,389 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, 318, Garth Road, Morden was last sold on 03 Apr 2006 for £195,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 318, Garth Road, Morden within a radius of 610 metres over the last 2 years.
The most recent example is 27, Garth Close, Morden, SM4 4NN, a Freehold house which sold for £490,000 in Jan 2024.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Garth Road, Morden, SM4 has a total of 262 addresses. According to our analysis of all the public data, 318, Garth Road, Morden is the 142nd largest and the 76th most expensive property on the street.
When compared to the postcode district it is £1k less expensive than the average property in SM4.
The closest station to 318, Garth Road, Morden is Motspur Park station which is 1.2 kilometres 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 318, Garth Road, Morden, 43.0% of property is privately owned with a mortgage and 26.3% 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 318, Garth Road, Morden, 17.5% of residents are recorded as possessing school level qualifications and 32.6% 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 318, Garth Road, Morden, the average age was 40.3 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 318, Garth Road, Morden, 1.1% 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 318, Garth 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.