According to the public record, Flat 4, 6, The Meads, Morden is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 6, The Meads, Morden, SM4.
The Meads, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
Flat 4, 6, The Meads, Morden has 21 entries in the Land Registry database, most recently in January 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 4 6 The Meads Morden as £303,561 and the rental value as £1,426 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 4 6 The Meads Morden has increased by £8,180 (2.7%) and its rental value has increased by £72 per month (5.1%).
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 Flat 4, 6, The Meads, Morden is in very good condition we estimate a sale value of £318,739 and rental value of £1,497 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,312 and a rental value of £1,326 per month.
If you were able to purchase this property for the estimated value of £303,561, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,492 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 4, 6, The Meads, Morden was last sold on 25 Jan 2006 for £165,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 6, The Meads, Morden within a radius of 560 metres over the last 2 years.
The most recent example is Flat 2, 2, The Meads, Morden, SM4 6AH, a Leasehold flat which sold for £250,000 in Apr 2024.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Meads, Morden, SM4 has a total of 17 addresses. According to our analysis of all the public data, Flat 4, 6, The Meads, Morden is the 14th largest and the most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in SM4.
The closest station to Flat 4, 6, The Meads, Morden is Mitcham Junction 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 4, 6, The Meads, Morden, 43.3% of property is privately owned outright and 29.1% 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 4, 6, The Meads, Morden, 13.6% of residents are recorded as possessing school level qualifications and 38.9% 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 4, 6, The Meads, Morden, the average age was 38.9 and the most common age was 37.
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 4, 6, The Meads, Morden, 2.2% 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 4, 6, The Meads, 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.