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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Freeman Road, Morden is £308,991 and the estimated rental value is £1,637 per month.
Freeman Road, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
2, Freeman Road, Morden has 21 entries in the Land Registry , most recently in January 2014 and a single entry in the EPC database dated August 2019.
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 2, Freeman Road, Morden is in very good condition we estimate a sale value of £324,441 and a rental value of £1,719 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,362 and a rental value of £1,522 per month.
Over the last 12 months the sale value of 2 Freeman Road Morden has increased by an estimated £3,077 (1.0%) and its rental value has increased by an estimated £56 per month (3.4%), giving an expected gross yield of 6.4%.
2, Freeman Road, Morden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2019.
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, 2, Freeman Road, Morden was last sold on 20th January 2014 for £180,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2014, the market for similar properties has risen 47.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Freeman Road, Morden within a radius of 500 metres over the last 2 years.
The most recent example is 14, Freeman Road, Morden, SM4 6AR, a leasehold flat which sold for £275,000 on the 30th October 2023.
Read more about house prices in SM4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Freeman Road, Morden, SM4 has a total of 29 addresses. According to our analysis of all the public data, 2, Freeman Road, Morden is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in SM4.
The nearest school is Harris Academy Morden which is 470 metres away. The nearest train station is Morden which is 1.1 kilometres away.
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