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According to the public record, 5, Lessness Road, Morden is a early-century freehold house with 1,926 ft2 of internal area and sits on a 282 m2 plot.
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 5, Lessness Road, Morden is £629,346 and the estimated rental value is £3,147 per month.
Lessness Road, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
5, Lessness Road, Morden has 21 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5, Lessness Road, Morden is in very good condition we estimate a sale value of £660,813 and a rental value of £3,304 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £585,292 and a rental value of £2,927 per month.
Over the last 12 months the sale value of 5 Lessness Road Morden has decreased by an estimated £24,056 (3.8%) and its rental value has increased by an estimated £70 per month (2.2%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 5, Lessness Road, Morden sits on a plot of 282m2.
We have plot size data on 35 out of 46 other houses in the postcode and 5, Lessness Road, Morden sits on the 3rd largest plot.
5, Lessness Road, Morden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jul 2021.
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, 5, Lessness Road, Morden was last sold on 29th September 2021 for £605,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2021, the market for similar properties has risen 38.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 5, Lessness Road, Morden within a radius of 480 metres over the last 2 years.
The most recent example is 23, Victory Avenue, Morden, SM4 6DL, a freehold house which sold for £400,000 on the 4th October 2013.
Read more about house prices in SM4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lessness Road, Morden, SM4 has a total of 46 addresses. According to our analysis of all the public data, 5, Lessness Road, Morden is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £150k more expensive than the average property in SM4.
The nearest school is St Teresa's Catholic Primary School which is 300 metres away. The nearest train station is St Helier (London) which is 1.1 kilometres away.
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