According to the public record, 7, Egleston Road, Morden is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 598 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Egleston Road, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
7, Egleston Road, Morden has 2 entries in the Land Registry database, most recently in December 2019 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 7 Egleston Road Morden as £378,925 and the rental value as £1,893 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 7 Egleston Road Morden has increased by £9,063 (2.4%) and its rental value has increased by £93 per month (4.9%).
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 7, Egleston Road, Morden is in very good condition we estimate a sale value of £397,871 and rental value of £1,987 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £352,400 and a rental value of £1,760 per month.
If you were able to purchase this property for the estimated value of £378,925, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,862 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, 7, Egleston Road, Morden was last sold on 13 Dec 2019 for £248,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2019, the market for similar properties has risen 20.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Egleston Road, Morden within a radius of 480 metres over the last 2 years.
The most recent example is 53, Flaxley Road, Morden, SM4 6LJ, a Freehold house which sold for £385,000 in Oct 2021.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Egleston Road, Morden, SM4 has a total of 31 addresses. According to our analysis of all the public data, 7, Egleston Road, Morden is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £108k less expensive than the average property in SM4.
The closest station to 7, Egleston Road, Morden is St Helier (London) 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 7, Egleston Road, Morden, 31.5% of property is socially rented and 28.2% 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 7, Egleston Road, Morden, 29.5% of residents are recorded as possessing school level qualifications and 24.8% 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 7, Egleston 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 7, Egleston Road, 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 7, Egleston 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.