According to the public record, Flat 2, 197, Abbotsbury Road, Morden is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 197, Abbotsbury Road, Morden, SM4.
Abbotsbury Road, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
Flat 2, 197, Abbotsbury Road, Morden has 2 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated June 2015.
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 2 197 Abbotsbury Road Morden as £314,742 and the rental value as £1,488 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 2 197 Abbotsbury Road Morden has increased by £7,529 (2.4%) and its rental value has increased by £73 per month (4.9%).
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 2, 197, Abbotsbury Road, Morden is in very good condition we estimate a sale value of £330,479 and rental value of £1,562 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,710 and a rental value of £1,384 per month.
If you were able to purchase this property for the estimated value of £314,742, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,547 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 2, 197, Abbotsbury Road, Morden was last sold on 18 Dec 2020 for £340,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has risen 9.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 197, Abbotsbury Road, Morden within a radius of 460 metres over the last 2 years.
The most recent example is Flat 24, Windings House 23, Schoolgate Drive, Morden, SM4 5DB, a Leasehold flat which sold for £330,000 in Aug 2023.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbotsbury Road, Morden, SM4 has a total of 235 addresses. According to our analysis of all the public data, Flat 2, 197, Abbotsbury Road, Morden is the 128th largest and the 200th most expensive property on the street.
When compared to the postcode district it is £172k less expensive than the average property in SM4.
Flat 2, 197, Abbotsbury Road, Morden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jun 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, 197, Abbotsbury Road, Morden is Morden South station which is 400 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 Flat 2, 197, Abbotsbury Road, Morden, 29.5% of property is privately owned with a mortgage and 27.3% 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 Flat 2, 197, Abbotsbury Road, Morden, 20.1% of residents are recorded as possessing school level qualifications and 45.4% 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 Flat 2, 197, Abbotsbury Road, Morden, the average age was 36.2 and the most common age was 32.
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 2, 197, Abbotsbury Road, Morden, 0.2% 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 Flat 2, 197, Abbotsbury Road, Morden, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.