According to the public record, 8, The Meads, Morden is a mid-century apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Meads, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
8, The Meads, Morden has no records in the Land Registry database and a single entry in the EPC database dated September 2018.
We combine this information with public data 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 The Meads Morden as £265,181 and the rental value as £1,287 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8 The Meads Morden has increased by £7,146 (2.7%) and its rental value has increased by £65 per month (5.1%).
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, The Meads, Morden is in very good condition we estimate a sale value of £278,440 and rental value of £1,351 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,618 and a rental value of £1,197 per month.
If you were able to purchase this property for the estimated value of £265,181, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,303 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, The Meads, Morden within a radius of 550 metres over the last 2 years.
The most recent example is Flat 2, 2, The Meads, Morden, SM4 6AH, a Leasehold flat which sold for £250,000 in Apr 2024.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Meads, Morden, SM4 has a total of 17 addresses. According to our analysis of all the public data, 8, The Meads, Morden is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £222k less expensive than the average property in SM4.
8, The Meads, Morden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 8, The Meads, Morden is Mitcham Junction station which is 1.2 kilometres 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, The Meads, Morden, 43.3% of property is privately owned outright and 29.1% 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 8, The Meads, Morden, 13.6% of residents are recorded as possessing school level qualifications and 38.9% 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, The Meads, 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, The Meads, Morden, 2.2% 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, The Meads, 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.