SM4 5BG is a residential postcode situated on Schoolgate Drive, Morden, SM4 with 22 addresses.
It ranks as the 203rd largest and 104th most expensive of the 522 postcodes in the SM4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 22 properties: 22 flats.
SM4 5BG is a residential postcode situated on Schoolgate Drive, Morden, SM4 with 22 addresses.
It ranks as the 203rd largest and 104th most expensive of the 522 postcodes in the SM4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 22 properties: 22 flats.
Sale prices range from £299,874 for 2 bedroom leasehold flats (462 ft2) to £387,832 for 2 bedroom leasehold flats (710 ft2) .
Monthly rental prices range from £1,443 pcm for 2 bed flats to £1,835 pcm for 2 bed flats.
The gross rental yield is between 5.7% and 5.8%.
The average value per square foot is £560.
The last sale in SM4 5BG sold for £352,000 on 27th March 2025. Since then prices are up an average of 0.4%.
The current average value in the postcode is £364,290.
The SM4 5BG Sales Market has increased by 7.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £364,290 |
| April 2025 | 0.9% | £361,826 |
| April 2024 | -1% | £358,679 |
| April 2023 | 1.1% | £362,164 |
| April 2022 | 4.6% | £358,143 |
| April 2021 | 2.2% | £342,402 |
| April 2020 | 3.4% | £334,994 |
| April 2019 | -4.8% | £324,062 |
| April 2018 | -0.8% | £340,479 |
| April 2017 | 0.9% | £343,188 |
| April 2016 | 12.4% | £340,059 |
| April 2015 | 14.3% | £302,527 |
| April 2014 | 14.8% | £264,689 |
| April 2013 | 7.5% | £230,501 |
| April 2012 | 1.9% | £214,348 |
| April 2011 | 0.8% | £210,356 |
| April 2010 | 8.7% | £208,771 |
| April 2009 | -16.8% | £192,053 |
| April 2008 | 6.4% | £230,717 |
| April 2007 | 0% | £216,753 |
The current average rental value in the postcode is £1,731.
The SM4 5BG Rental Market has increased by 31.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4% | £1,731pcm |
| April 2025 | 3.4% | £1,664pcm |
| April 2024 | 7.4% | £1,609pcm |
| April 2023 | 11.6% | £1,499pcm |
| April 2022 | 4.8% | £1,343pcm |
| April 2021 | 0.6% | £1,282pcm |
| April 2020 | 3.5% | £1,273pcm |
| April 2019 | -0.5% | £1,230pcm |
| April 2018 | -2.8% | £1,236pcm |
| April 2017 | -3.8% | £1,272pcm |
| April 2016 | 5.8% | £1,321pcm |
| April 2015 | 8% | £1,250pcm |
| April 2014 | 3.2% | £1,157pcm |
| April 2013 | 5.7% | £1,121pcm |
| April 2012 | 8% | £1,061pcm |
| April 2011 | 4.4% | £982pcm |
| April 2010 | -0.3% | £941pcm |
| April 2009 | -6.1% | £943pcm |
| April 2008 | 6.6% | £1,004pcm |
| April 2007 | 0% | £942pcm |
The last sale was on 27th March 2025 for £352,000 and since then the market in the area has increased by 0.4%. The postcode has had a total of 51 sales since 1995.
SM4 5BG has seen 5 sales in the last three years and no sales in the last twelve months.
SM4 5BG is the 203rd largest and the 104th most expensive postcode out of the 522 postcodes in the SM4 area.
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