According to the public record, 4, Redclose Avenue, Morden is a period freehold house with 1,593 ft2 of internal area and sits on a 421 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Redclose Avenue, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
4, Redclose Avenue, Morden has 2 entries in the Land Registry database, most recently in February 2019 and a single entry in the EPC database dated March 2017.
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 4 Redclose Avenue Morden as £861,312 and the rental value as £3,124 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 4 Redclose Avenue Morden has increased by £8,708 (1.0%) and its rental value has increased by £110 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 4, Redclose Avenue, Morden is in very good condition we estimate a sale value of £904,377 and rental value of £3,280 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £801,020 and a rental value of £2,905 per month.
If you were able to purchase this property for the estimated value of £861,312, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,233 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, 4, Redclose Avenue, Morden sits on a plot of 421m2.
We have plot size data on 4 out of 4 other houses in the postcode and 4, Redclose Avenue, Morden sits on the 3rd largest plot.
According to HM Land Registry, 4, Redclose Avenue, Morden was last sold on 15 Feb 2019 for £745,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2019, the market for similar properties has risen 22.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Redclose Avenue, Morden within a radius of 640 metres over the last 2 years.
The most recent example is 124, Maycross Avenue, Morden, SM4 4DB, a Freehold house which sold for £802,000 in Dec 2021.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redclose Avenue, Morden, SM4 has a total of 4 addresses. According to our analysis of all the public data, 4, Redclose Avenue, Morden is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £374k more expensive than the average property in SM4.
4, Redclose Avenue, Morden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 4, Redclose Avenue, Morden is Morden South station which is 200 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 4, Redclose 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 4, Redclose 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 4, Redclose 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 4, Redclose 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 4, Redclose 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.