Average Price for property in Morden is around £374,508 which varies based on type of property you are interested in and ranges from £521,868 for detached house to around £442,786 for semi-detached. Similarly terraced house is around £388,004 and a flat is worth £252,586. Values have been changing and have risen £6,353 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £18,163 in last 6 months, £48,758 in last 1 year, £72,855 in last 2 years, £74,696 in last 3 years, £85,156 in last 4 years and £89,541 in last 5 years.
Currently average asking price of a property in Morden is around £399,425 based on approximately 417 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,341 per month.
Estimated property value in Morden is £374,508. Average asking price is £399,425 while average price paid is £316,107 which is up by £48,758 and Avg. asking rent £1,341.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 Morden area. In last 1 year alone average price buyer paid is around £316,107 based on approximately 417 sales in Morden area alone. If you compare it to last 3 years sales of 1,374 properties where buyers paid around £280,750. 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 £266,964 for 2,143 and average amount paid for purchase of approx. 2,747 properties sold in last 7 years comes to about £261,777 per sale.