According to the public record, 8, Arras Avenue, Morden is a early-century freehold house with 1,150 ft2 of internal area and sits on a 204 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Arras Avenue, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
8, Arras Avenue, Morden has 31 entries in the Land Registry database, most recently in December 2010 and a single entry in the EPC database dated August 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 8 Arras Avenue Morden as £604,971 and the rental value as £2,749 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Arras Avenue Morden has increased by £7,108 (1.2%) and its rental value has increased by £96 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 8, Arras Avenue, Morden is in very good condition we estimate a sale value of £635,220 and rental value of £2,887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £562,623 and a rental value of £2,557 per month.
If you were able to purchase this property for the estimated value of £604,971, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,973 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, 8, Arras Avenue, Morden sits on a plot of 204m2.
We have plot size data on 23 out of 32 other houses in the postcode and 8, Arras Avenue, Morden sits on the 18th largest plot.
According to HM Land Registry, 8, Arras Avenue, Morden was last sold on 20 Dec 2010 for £318,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2010, the market for similar properties has risen 87.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Arras Avenue, Morden within a radius of 480 metres over the last 2 years.
The most recent example is 139, Wandle Road, Morden, SM4 6AA, a Freehold house which sold for £655,000 in Jan 2023.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arras Avenue, Morden, SM4 has a total of 52 addresses. According to our analysis of all the public data, 8, Arras Avenue, Morden is the 18th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £118k more expensive than the average property in SM4.
8, Arras Avenue, Morden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Aug 2010.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 8, Arras Avenue, Morden is Morden 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 8, Arras Avenue, Morden, 37.8% of property is privately owned outright and 26.7% is privately owned with a mortgage.
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 8, Arras Avenue, Morden, 18.3% of residents are recorded as possessing school level qualifications and 35.7% 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 8, Arras Avenue, Morden, the average age was 38.9 and the most common age was 37.
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 8, Arras Avenue, Morden, 1.3% 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 8, Arras 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.