According to the public record, Flat 15, Elizabeth Court, Morden is a mid-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Elizabeth Court, Dudley Drive, Morden, SM4.
Dudley Drive, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
Flat 15, Elizabeth Court, Morden has a single entry in the Land Registry database from November 2008 and a single entry in the EPC database dated May 2013.
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 15 Elizabeth Court Morden as £335,262 and the rental value as £1,490 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 15 Elizabeth Court Morden has increased by £9,329 (2.8%) and its rental value has increased by £74 per month (5.0%).
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 15, Elizabeth Court, Morden is in very good condition we estimate a sale value of £352,025 and rental value of £1,564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,794 and a rental value of £1,385 per month.
If you were able to purchase this property for the estimated value of £335,262, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,648 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 15, Elizabeth Court, Morden was last sold on 07 Nov 2008 for £206,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2008, the market for similar properties has risen 94.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, Elizabeth Court, Morden within a radius of 490 metres over the last 2 years.
The most recent example is 42, Stonecot Hill, Sutton, SM3 9HE, a Leasehold flat which sold for £362,500 in Feb 2023.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dudley Drive, Morden, SM4 has a total of 121 addresses. According to our analysis of all the public data, Flat 15, Elizabeth Court, Morden is the 104th largest and the 121st most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in SM4.
Flat 15, Elizabeth Court, Morden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 May 2013.
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 15, Elizabeth Court, 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 15, Elizabeth Court, Morden, 47.9% of property is privately owned outright and 34.7% 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 Flat 15, Elizabeth Court, Morden, 19.8% of residents are recorded as possessing school level qualifications and 29.2% 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 15, Elizabeth Court, Morden, the average age was 40.3 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 15, Elizabeth Court, Morden, 0.4% 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 15, Elizabeth Court, 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.