According to the public record, Flat 23, Cheshire House, Morden is a early-century leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Cheshire House, Green Lane, Morden, SM4.
Green Lane, Morden, SM4 is located in the borough of Sutton within the SM4 postal district.
Flat 23, Cheshire House, Morden has 21 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated July 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 23 Cheshire House Morden as £250,814 and the rental value as £1,228 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 23 Cheshire House Morden has increased by £528 (0.2%) and its rental value has increased by £32 per month (2.6%).
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 23, Cheshire House, Morden is in very good condition we estimate a sale value of £263,354 and rental value of £1,289 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,257 and a rental value of £1,142 per month.
If you were able to purchase this property for the estimated value of £250,814, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,233 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 23, Cheshire House, Morden was last sold on 20 Dec 2021 for £222,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, Cheshire House, Morden within a radius of 470 metres over the last 2 years.
The most recent example is Flat 30, Harkness Court, Cleeve Way, Sutton, SM1 3TX, a Leasehold flat which sold for £280,000 in Jun 2024.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Lane, Morden, SM4 has a total of 316 addresses. According to our analysis of all the public data, Flat 23, Cheshire House, Morden is the 239th largest and the 265th most expensive property on the street.
When compared to the postcode district it is £236k less expensive than the average property in SM4.
Flat 23, Cheshire House, Morden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jul 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 23, Cheshire House, Morden is St Helier (London) station which is 800 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 23, Cheshire House, Morden, 72.4% of property is socially rented and 13.8% 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 23, Cheshire House, Morden, 31.2% of residents are recorded as possessing school level qualifications and 20.8% 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 23, Cheshire House, 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 23, Cheshire House, 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 23, Cheshire House, Morden, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.