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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
40, Central Gardens, Morden is described in the public record as a mid-century apartment with 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, Central Gardens, Morden is £269,596 and its rental estimate is £1,424 per month, given the available information and assuming reasonable condition.
Central Gardens, Morden, SM4 falls within the SM4 postal district, in the borough of Merton.
40, Central Gardens, Morden has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 40, Central Gardens, Morden, we estimate a market value of £283,076 and a rental value of £1,495 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £250,724 and £1,324 per month respectively.
Over the last year, 40, Central Gardens, Morden has seen its estimated sale value decrease by £506 (0.2%) and its estimated rental value grow by £61 per month (4.3%). This results in an estimated gross rental yield of 6.3%.
40, Central Gardens, Morden has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 40, Central Gardens, Morden completed on 17th December 2004 at £138,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Over the past 2 years 3 properties similar to 40, Central Gardens, Morden have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th September 2023, was 47, Central Gardens, Morden, SM4 5SH, a leasehold flat which sold for £263,000.
Read more about house prices in SM4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 51 addresses on Central Gardens, Morden, SM4, 40, Central Gardens, Morden comes out as the 22nd largest and the 21st most expensive in our analysis of the public data.
It is also £210k less expensive than the average property across the SM4 district.
From 40, Central Gardens, Morden, the nearest station is Morden South, 500 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Central Gardens, Morden, 56.9% of property is privately rented and 20.3% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 40, Central Gardens, Morden, 21.6% of residents are recorded as possessing school level qualifications and 40.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Central Gardens, Morden, the average age was 37.9 and the most common age was 42.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 40, Central Gardens, Morden, 0.6% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 40, Central Gardens, Morden, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
