According to the public record, 78, Farm Road, Morden is a early-century freehold house with 914 ft2 of internal area and sits on a 248 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Farm Road, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
78, Farm Road, Morden has 2 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated November 2016.
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 78 Farm Road Morden as £529,512 and the rental value as £2,458 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 78 Farm Road Morden has increased by £7,490 (1.4%) and its rental value has increased by £97 per month (3.9%).
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 78, Farm Road, Morden is in very good condition we estimate a sale value of £555,987 and rental value of £2,581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £492,446 and a rental value of £2,286 per month.
If you were able to purchase this property for the estimated value of £529,512, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,602 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, 78, Farm Road, Morden sits on a plot of 248m2.
We have plot size data on 25 out of 51 other houses in the postcode and 78, Farm Road, Morden sits on the 13th largest plot.
According to HM Land Registry, 78, Farm Road, Morden was last sold on 08 Dec 2023 for £550,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Farm Road, Morden within a radius of 470 metres over the last 2 years.
The most recent example is 43, Willows Avenue, Morden, SM4 5SG, a Freehold house which sold for £680,000 in Jun 2023.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farm Road, Morden, SM4 has a total of 67 addresses. According to our analysis of all the public data, 78, Farm Road, Morden is the 33rd largest and the 28th most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in SM4.
78, Farm Road, Morden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2016.
The property is connected to mains gas and has mostly secondary glazing. It is heated using a boiler and radiators.
The closest station to 78, Farm Road, Morden is St Helier (London) station which is 500 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 78, Farm Road, Morden, 33.9% 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 78, Farm Road, Morden, 22.6% of residents are recorded as possessing school level qualifications and 35.4% 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 78, Farm 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 78, Farm Road, 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 78, Farm Road, Morden, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.