Values have been changing and have risen £6,629 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £20,496 in last 6 months, £50,992 in last 1 year, £79,260 in last 2 years, £83,965 in last 3 years, £97,305 in last 4 years and £90,223 in last 5 years.
Currently average asking price of a property in Cranmer Close, Morden, SM4 is around £399,424 based on approximately 2 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £1,349 per month.
Estimated property value in Cranmer Close, Morden, SM4 is £404,317. Average asking price is £399,424 while average price paid is £350,000 which is up by £50,992 and Avg. asking rent £1,349.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cranmer Close, Morden, SM4 area. In last 1 year alone average price buyer paid is around £350,000 based on approximately 2 sales in Cranmer Close, Morden, SM4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £317,400. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £316,714 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £306,250 per sale.