According to the public record, Flat 8, 418, Hillcross Avenue, Morden is a modern leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 418, Hillcross Avenue, Morden, SM4.
Hillcross Avenue, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
Flat 8, 418, Hillcross Avenue, Morden has a single entry in the Land Registry database from June 2017 and a single entry in the EPC database dated January 2017.
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 8 418 Hillcross Avenue Morden as £422,117 and the rental value as £1,768 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 8 418 Hillcross Avenue Morden has increased by £6,749 (1.6%) and its rental value has increased by £65 per month (3.7%).
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 8, 418, Hillcross Avenue, Morden is in very good condition we estimate a sale value of £443,223 and rental value of £1,856 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,569 and a rental value of £1,644 per month.
If you were able to purchase this property for the estimated value of £422,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,075 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 8, 418, Hillcross Avenue, Morden was last sold on 09 Jun 2017 for £400,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2017, 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 8, 418, Hillcross Avenue, Morden within a radius of 550 metres over the last 2 years.
The most recent example is Flat 5, 418, Hillcross Avenue, Morden, SM4 4EX, a Leasehold flat which sold for £415,000 in Mar 2023.
Read more about house prices in SM4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hillcross Avenue, Morden, SM4 has a total of 452 addresses. According to our analysis of all the public data, Flat 8, 418, Hillcross Avenue, Morden is the 374th largest and the 445th most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in SM4.
Flat 8, 418, Hillcross Avenue, Morden has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jan 2017.
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 8, 418, Hillcross Avenue, Morden is Motspur Park station which is 1.4 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 8, 418, Hillcross Avenue, Morden, 43.4% of property is privately owned with a mortgage and 36.1% is privately owned outright.
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 8, 418, Hillcross Avenue, Morden, 14.2% of residents are recorded as possessing school level qualifications and 44.2% 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 8, 418, Hillcross Avenue, 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 8, 418, Hillcross Avenue, Morden, 1.4% 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 8, 418, Hillcross Avenue, 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.