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According to the public record, 129, Hatfeild Mead, Morden is a early-century leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 129, Hatfeild Mead, Morden is £313,192 and the estimated rental value is £1,729 per month.
Hatfeild Mead, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
129, Hatfeild Mead, Morden has a single entry in the Land Registry from May 2008 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 129, Hatfeild Mead, Morden is in very good condition we estimate a sale value of £328,852 and a rental value of £1,816 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,269 and a rental value of £1,608 per month.
Over the last 12 months the sale value of 129 Hatfeild Mead Morden has increased by an estimated £3,058 (1.0%) and its rental value has increased by an estimated £71 per month (4.1%), giving an expected gross yield of 6.6%.
129, Hatfeild Mead, Morden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 129, Hatfeild Mead, Morden was last sold on 22nd May 2008 for £218,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 55.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 129, Hatfeild Mead, Morden within a radius of 650 metres over the last 2 years.
The most recent example is 133, Hatfeild Mead, Morden, SM4 5PG, a leasehold flat which sold for £13,550 on the 24th August 2023.
Read more about house prices in SM4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hatfeild Mead, Morden, SM4 has a total of 148 addresses. According to our analysis of all the public data, 129, Hatfeild Mead, Morden is the 106th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in SM4.
The nearest school is Morden Primary School which is 164 metres away. The nearest train station is Morden South which is 300 metres away.
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