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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Northway, Morden is a early-century freehold house with 2,497 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Northway, Morden is £954,581 and the estimated rental value is £4,101 per month.
Northway, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
2, Northway, Morden has a single entry in the Land Registry from November 2013 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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, Northway, Morden is in very good condition we estimate a sale value of £1,002,310 and a rental value of £4,306 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £887,761 and a rental value of £3,814 per month.
Over the last 12 months the sale value of 2 Northway Morden has decreased by an estimated £36,488 (3.8%) and its rental value has increased by an estimated £91 per month (2.2%), giving an expected gross yield of 5.2%.
2, Northway, Morden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Apr 2018.
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, Northway, Morden was last sold on 8th November 2013 for £428,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2013, the market for similar properties has risen 37.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Northway, Morden within a radius of 590 metres over the last 2 years.
The most recent example is 5, Mossville Gardens, Morden, SM4 4DG, a freehold house which sold for £925,000 on the 7th December 2023.
Read more about house prices in SM4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northway, Morden, SM4 has a total of 73 addresses. According to our analysis of all the public data, 2, Northway, Morden is the largest and the most expensive property on the street.
When compared to the postcode district it is £475k more expensive than the average property in SM4.
The nearest school is Joseph Hood Primary School which is 500 metres away. The nearest train station is South Merton which is 700 metres away.
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