Central Road - SM4 5RL
Key Postcode Insights
SM4 5RL is a residential postcode situated on Central Road, Morden, SM4 with 22 addresses.
It ranks as the 204th largest and 255th most expensive of the 522 postcodes in the SM4 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 22 properties: 13 houses and 9 flats.
- Ave. Sale Price
- £438,472
- 10 Year change
- up 10.0%
- Ave. Rental Price
- £2,239pcm
- 10 Year change
- up 39.7%
- Ave. £ per ft²
- £564/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
SM4 5RL is a residential postcode situated on Central Road, Morden, SM4 with 22 addresses.
It ranks as the 204th largest and 255th most expensive of the 522 postcodes in the SM4 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 22 properties: 13 houses and 9 flats.
- Ave. Sale Price
- £438,472
- 10 Year change
- up 10.0%
- Ave. Rental Price
- £2,239pcm
- 10 Year change
- up 39.7%
- Ave. £ per ft²
- £564/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin SM4 5RL
- 118A Central Road
4 Bed House
- 120 Central Road
3 Bed Early-century House
- 122 Central Road
3 Bed Early-century House
- 124 Central Road
Unknown
- 126 Central Road
3 Bed Early-century House
Sales Market Trends
The last sale in SM4 5RL sold for £540,000 on 1st August 2025. Since then prices are down an average of 2.3%.
The current average value in the postcode is £438,472.
The SM4 5RL Sales Market has increased by 10.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £438,472 |
| June 2025 | 0.4% | £452,287 |
| June 2024 | -0.7% | £450,637 |
| June 2023 | 0.5% | £453,809 |
| June 2022 | 7.5% | £451,602 |
| June 2021 | 4.9% | £420,174 |
| June 2020 | 3.8% | £400,697 |
| June 2019 | -3.6% | £385,937 |
| June 2018 | 0.9% | £400,368 |
| June 2017 | -0.5% | £396,626 |
| June 2016 | 11.4% | £398,698 |
| June 2015 | 10.6% | £357,863 |
| June 2014 | 18.1% | £323,610 |
| June 2013 | 7.7% | £274,110 |
| June 2012 | 2.5% | £254,617 |
| June 2011 | 1.1% | £248,468 |
| June 2010 | 14.4% | £245,785 |
| June 2009 | -14.1% | £214,861 |
| June 2008 | 0.2% | £250,120 |
| June 2007 | 0% | £249,551 |
Rental Market Trends
The current average rental value in the postcode is £2,239.
The SM4 5RL Rental Market has increased by 39.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £2,239pcm |
| June 2025 | 1.8% | £2,179pcm |
| June 2024 | 4.2% | £2,140pcm |
| June 2023 | 16.2% | £2,055pcm |
| June 2022 | 9.4% | £1,768pcm |
| June 2021 | 1.8% | £1,616pcm |
| June 2020 | 3.1% | £1,587pcm |
| June 2019 | 1.4% | £1,539pcm |
| June 2018 | -1.3% | £1,517pcm |
| June 2017 | -4.1% | £1,537pcm |
| June 2016 | 5.3% | £1,602pcm |
| June 2015 | 7.1% | £1,522pcm |
| June 2014 | 6% | £1,422pcm |
| June 2013 | 2.7% | £1,341pcm |
| June 2012 | 7.6% | £1,306pcm |
| June 2011 | 6.6% | £1,213pcm |
| June 2010 | 6.9% | £1,138pcm |
| June 2009 | -7.3% | £1,064pcm |
| June 2008 | 4.3% | £1,147pcm |
| June 2007 | 0% | £1,100pcm |
Sales History
The last sale was on 1st August 2025 for £540,000 and since then the market in the area has decreased by 2.3%. The postcode has had a total of 32 sales since 1995.
SM4 5RL has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£540,000 | 3 Bed House138, Central Road, Morden, SM4 5RL138, Central Road, Morden, SM4 5RL
- Sold May 2024£320,000 | 2 Bed FlatFlat 6, 144, Central Road, Morden, SM4 5RLFlat 6, 144, Central Road, Morden, SM4 5RL
- Sold Oct 2022£608,000 | 4 Bed House142, Central Road, Morden, SM4 5RL142, Central Road, Morden, SM4 5RL
- Sold Jun 2022£451,000 | 3 Bed House122, Central Road, Morden, SM4 5RL122, Central Road, Morden, SM4 5RL
- Sold May 2022£535,000 | 3 Bed House138, Central Road, Morden, SM4 5RL138, Central Road, Morden, SM4 5RL
Nearby Postcodes
SM4 5RL is the 204th largest and the 255th most expensive postcode out of the 522 postcodes in the SM4 area.
- SM4 5SQ, Central Road, Morden, SM4SM4 5SQ9 Addresses|53 m away
- SM4 5NF, Blanchland Road, Morden, SM4SM4 5NF20 Addresses|67 m away
- SM4 5NE, Blanchland Road, Morden, SM4SM4 5NE20 Addresses|88 m away
- SM4 5RN, Central Road, Morden, SM4SM4 5RN12 Addresses|89 m away
- SM4 5SH, Central Gardens, Morden, SM4SM4 5SH51 Addresses|92 m away
Property Types
- 9 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 7 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- modern flat (9)
- mid-century house (1)
- house (1)
- early-century house (7)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is B.
- A (0)
- E (2)
- B (8)
- F (0)
- C (4)
- G (0)
- D (3)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Jan 2015£1,235,000 | 3 Bed FlatFlat 1, 144, Central Road, Morden, SM4 5RLFlat 1, 144, Central Road, Morden, SM4 5RL
- Sold Oct 2022£608,000 | 4 Bed House142, Central Road, Morden, SM4 5RL142, Central Road, Morden, SM4 5RL
- Sold Jul 2018£575,000 | 4 Bed House185, Central Road, Morden, SM4 5SP185, Central Road, Morden, SM4 5SP
Schools Nearby
- Abbotsbury Primary School200 m away
- Morden Primary School700 m away
- Poplar Primary School900 m away
- Harris Academy Morden1.0 km away
- Glenthorne High School1.7 km away
- Rutlish School1.8 km away
More reading links
Public Transport Nearby
The closest station to SM4 5RL is Morden South station, which is 500 metres away.
- Morden South|500 m away
- St Helier (London)|700 m away
- Morden|700 m away
- South Merton|1.2 km away
