According to the public record, 40, Greenwood Close, Morden is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 874 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Greenwood Close, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
40, Greenwood Close, Morden has a single entry in the Land Registry database from April 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 40 Greenwood Close Morden as £558,860 and the rental value as £2,480 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 40 Greenwood Close Morden has increased by £11,027 (2.0%) and its rental value has increased by £95 per month (3.8%).
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 40, Greenwood Close, Morden is in very good condition we estimate a sale value of £586,803 and rental value of £2,604 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £519,739 and a rental value of £2,307 per month.
If you were able to purchase this property for the estimated value of £558,860, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,747 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, 40, Greenwood Close, Morden was last sold on 02 Apr 2009 for £264,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2009, the market for similar properties has risen 120.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Greenwood Close, Morden within a radius of 580 metres over the last 2 years.
The most recent example is 68, Thurleston Avenue, Morden, SM4 4BW, a Freehold house which sold for £500,000 in Jan 2024.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Greenwood Close, Morden, SM4 has a total of 54 addresses. According to our analysis of all the public data, 40, Greenwood Close, Morden is the 53rd largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in SM4.
The closest station to 40, Greenwood Close, Morden is South Merton station which is 900 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 40, Greenwood Close, Morden, 53.9% of property is privately owned with a mortgage and 36.5% 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 40, Greenwood Close, Morden, 24.8% of residents are recorded as possessing school level qualifications and 47.1% 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 40, Greenwood Close, Morden, the average age was 40.9 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 40, Greenwood Close, Morden, 0.3% 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 40, Greenwood Close, Morden, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.