Flat 28, Cluster House 22
Flat 28, Cluster House 22
Description & Estimates
Public records show Flat 28, Cluster House 22, Morden to be a modern leasehold apartment with 484 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 28, Cluster House 22, Morden has an estimated sale value of £255,199 and an estimated rental value of £1,403 per month, assuming reasonable condition and based on the information available.
The apartment sits within Cluster House, Schoolgate Drive, Morden, SM4.
Schoolgate Drive, Morden, SM4 lies in the borough of Merton, within the SM4 postal district.
Our Data Sources
Flat 28, Cluster House 22, Morden has 2 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated May 2013.
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.
Price Range & Condition
In very good condition, we estimate Flat 28, Cluster House 22, Morden would be worth £267,959, with a potential rental value of £1,473 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £237,335, with a rental value of £1,304 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 28, Cluster House 22, Morden has moved down by £479 (0.2%) over the last year. During the same period, its estimated monthly rental value has increased by £61 (4.3%). The property's estimated gross yield is currently 6.6%.
Energy Efficiency
Flat 28, Cluster House 22, Morden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 May 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
Flat 28, Cluster House 22, Morden last changed hands on 13th April 2022, selling for £244,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 4.9% since April 2022.
- Sold Apr 2022£244,500
- Sold Feb 2014£192,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of Flat 28, Cluster House 22, Morden across the last 2 years.
Most recently, Flat 19, Cluster House 22, Schoolgate Drive, Morden, SM4 5BW, a leasehold flat, sold at £250,000 on the 29th April 2024.
Read more about house prices in SM4.
- Sold Apr 2024£250,000 | 2 Bed FlatCluster House 22, Schoolgate DriveFlat 19, Cluster House 22, Schoolgate Drive, Morden, SM4 5BW
- Sold Aug 2023£230,000 | 2 Bed FlatCluster House 22, Schoolgate DriveFlat 20, Cluster House 22, Schoolgate Drive, Morden, SM4 5BW
- Sold Sep 2021£225,000 | 2 Bed FlatCluster House 22, Schoolgate DriveFlat 5, Cluster House 22, Schoolgate Drive, Morden, SM4 5BW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 28, Cluster House 22, Morden as the 260th largest and the 289th most expensive of the 296 addresses on Schoolgate Drive, Morden, SM4.
Against the SM4 postcode district average, it is £224k less expensive than the typical property.
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Schools Nearby
- 400mAbbotsbury Primary School
- 900mSt Teresa's Catholic Primary School
- 1.0kmMalmesbury Primary School
- 900mHarris Academy Morden
- 1.8kmRutlish School
- 1.8kmGlenthorne High School
More reading links
Public Transport Nearby
Morden South station is the nearest stop to Flat 28, Cluster House 22, Morden at 700 metres away.
- 700mMorden South
- 700mMorden
- 900mSt Helier (London)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
