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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
According to the public record, Flat 4, 39, Schoolgate Drive, Morden is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, 39, Schoolgate Drive, Morden is £343,166 and the estimated rental value is £1,665 per month.
The apartment is within 39, Schoolgate Drive, Morden, SM4.
Schoolgate Drive, Morden, SM4 is located in the borough of Merton within the SM4 postal district.
Flat 4, 39, Schoolgate Drive, Morden has a single entry in the Land Registry from October 2014 and a single entry in the EPC database dated September 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 4, 39, Schoolgate Drive, Morden is in very good condition we estimate a sale value of £360,324 and a rental value of £1,748 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,144 and a rental value of £1,548 per month.
Over the last 12 months the sale value of Flat 4 39 Schoolgate Drive Morden has increased by an estimated £3,417 (1.0%) and its rental value has increased by an estimated £57 per month (3.4%), giving an expected gross yield of 5.8%.
Flat 4, 39, Schoolgate Drive, Morden has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Sep 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 4, 39, Schoolgate Drive, Morden was last sold on 17th October 2014 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2014, the market for similar properties has risen 18.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 39, Schoolgate Drive, Morden within a radius of 430 metres over the last 2 years.
The most recent example is Flat 71, Field House 40, Schoolgate Drive, Morden, SM4 5DJ, a leasehold flat which sold for £345,000 on the 1st September 2025.
Read more about house prices in SM4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Schoolgate Drive, Morden, SM4 has a total of 296 addresses. According to our analysis of all the public data, Flat 4, 39, Schoolgate Drive, Morden is the 172nd largest and the 122nd most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in SM4.
The nearest school is Abbotsbury Primary School which is 438 metres away. The nearest train station is Morden South which is 700 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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