According to the public record, Flat 13, 3, Bolton Drive, Morden is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 3, Bolton Drive, Morden, SM4.
Bolton Drive, Morden, SM4 is located in the borough of Sutton within the SM4 postal district.
Flat 13, 3, Bolton Drive, Morden has a single entry in the Land Registry database from September 2007 and a single entry in the EPC database dated November 2021.
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 Flat 13 3 Bolton Drive Morden as £218,315 and the rental value as £1,113 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 13 3 Bolton Drive Morden has increased by £4,554 (2.1%) and its rental value has increased by £50 per month (4.5%).
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 Flat 13, 3, Bolton Drive, Morden is in very good condition we estimate a sale value of £229,230 and rental value of £1,169 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,033 and a rental value of £1,036 per month.
If you were able to purchase this property for the estimated value of £218,315, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,073 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, Flat 13, 3, Bolton Drive, Morden was last sold on 14 Sep 2007 for £172,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 57.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 13, 3, Bolton Drive, Morden within a radius of 500 metres over the last 2 years.
The most recent example is Flat 8, 1, Bolton Drive, Morden, SM4 6GD, a Leasehold flat which sold for £217,500 in Mar 2020.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bolton Drive, Morden, SM4 has a total of 43 addresses. According to our analysis of all the public data, Flat 13, 3, Bolton Drive, Morden is the 33rd largest and the 38th most expensive property on the street.
When compared to the postcode district it is £269k less expensive than the average property in SM4.
Flat 13, 3, Bolton Drive, Morden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Nov 2021.
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 Flat 13, 3, Bolton Drive, Morden is St Helier (London) 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 Flat 13, 3, Bolton Drive, Morden, 50.5% of property is socially rented and 18.4% 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 Flat 13, 3, Bolton Drive, Morden, 17.1% of residents are recorded as possessing school level qualifications and 24.3% 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 Flat 13, 3, Bolton Drive, 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 Flat 13, 3, Bolton Drive, 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 Flat 13, 3, Bolton Drive, 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.