According to the public record, 65A, Love Lane, Morden is a early-century leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 65, Love Lane, Morden, SM4.
Love Lane, Morden, SM4 is located in the borough of Sutton within the SM4 postal district.
65A, Love Lane, Morden has 21 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated June 2019.
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 65A Love Lane Morden as £212,848 and the rental value as £1,077 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 65A Love Lane Morden has increased by £4,042 (1.9%) and its rental value has increased by £45 per month (4.1%).
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 65A, Love Lane, Morden is in very good condition we estimate a sale value of £223,490 and rental value of £1,131 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,949 and a rental value of £1,001 per month.
If you were able to purchase this property for the estimated value of £212,848, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,046 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, 65A, Love Lane, Morden was last sold on 29 Sep 2021 for £200,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 65A, Love Lane, Morden within a radius of 480 metres over the last 2 years.
The most recent example is 124A, Glastonbury Road, Morden, SM4 6PQ, a Leasehold flat which sold for £210,000 in Jun 2015.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Love Lane, Morden, SM4 has a total of 107 addresses. According to our analysis of all the public data, 65A, Love Lane, Morden is the 96th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £274k less expensive than the average property in SM4.
65A, Love Lane, Morden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2019.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 65A, Love Lane, 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 65A, Love Lane, Morden, 33.6% of property is privately owned with a mortgage and 31.0% is socially 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 65A, Love Lane, Morden, 28.3% of residents are recorded as possessing school level qualifications and 23.4% 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 65A, Love Lane, Morden, the average age was 36.2 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 65A, Love Lane, 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 65A, Love Lane, 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.