According to the public record, 49, Schoolgate Drive, Morden is a modern freehold house with 825 ft2 of internal area and sits on a 146 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Schoolgate Drive, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
49, Schoolgate Drive, Morden has 2 entries in the Land Registry database, most recently in April 2018 and a single entry in the EPC database dated June 2010.
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 49 Schoolgate Drive Morden as £479,291 and the rental value as £2,335 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 49 Schoolgate Drive Morden has increased by £8,844 (1.8%) and its rental value has increased by £101 per month (4.3%).
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 49, Schoolgate Drive, Morden is in very good condition we estimate a sale value of £503,255 and rental value of £2,452 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £445,740 and a rental value of £2,172 per month.
If you were able to purchase this property for the estimated value of £479,291, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,356 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, 49, Schoolgate Drive, Morden sits on a plot of 146m2.
We have plot size data on 40 out of 41 other houses in the postcode and 49, Schoolgate Drive, Morden sits on the 10th largest plot.
According to HM Land Registry, 49, Schoolgate Drive, Morden was last sold on 27 Apr 2018 for £440,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2018, the market for similar properties has risen 20.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Schoolgate Drive, Morden within a radius of 430 metres over the last 2 years.
The most recent example is 39, Blanchland Road, Morden, SM4 5ND, a Freehold house which sold for £475,000 in Jul 2023.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Schoolgate Drive, Morden, SM4 has a total of 296 addresses. According to our analysis of all the public data, 49, Schoolgate Drive, Morden is the 42nd largest and the 38th most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in SM4.
49, Schoolgate Drive, Morden has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Jun 2010.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 49, Schoolgate Drive, Morden is Morden South station which is 700 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 49, Schoolgate Drive, Morden, 34.5% of property is socially rented and 25.2% 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 49, Schoolgate Drive, Morden, 19.8% of residents are recorded as possessing school level qualifications and 37.0% 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 49, Schoolgate Drive, Morden, the average age was 36.2 and the most common age was 32.
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 49, Schoolgate Drive, Morden, 0.0% 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 49, Schoolgate Drive, Morden, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.