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Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 16, Hexham Road, Morden is £111,352 and the estimated rental value is £593 per month.
The apartment is within 16, Hexham Road, Morden, SM4.
Hexham Road, Morden, SM4 is located in the borough of Sutton within the SM4 postal district.
Flat 2, 16, Hexham Road, Morden has no records in the the Land Registry and a single entry in the EPC database dated April 2021.
We combine this information with public data 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 Flat 2, 16, Hexham Road, Morden is in very good condition we estimate a sale value of £116,920 and a rental value of £623 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,558 and a rental value of £552 per month.
Over the last 12 months the sale value of Flat 2 16 Hexham Road Morden has increased by an estimated £1,660 (1.5%) and its rental value has increased by an estimated £36 per month (6.1%), giving an expected gross yield of 6.4%.
Flat 2, 16, Hexham Road, Morden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 16, Hexham Road, Morden within a radius of 520 metres over the last 2 years.
The most recent example is Flat 1, 16, Hexham Road, Morden, SM4 6NH, a leasehold flat which sold for £460,274 on the 4th December 2020.
Read more about house prices in SM4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hexham Road, Morden, SM4 has a total of 41 addresses. According to our analysis of all the public data, Flat 2, 16, Hexham Road, Morden is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £368k less expensive than the average property in SM4.
The nearest school is Abbey Primary School which is 100 metres away. The nearest train station is St Helier (London) which is 700 metres away.
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