Average Price for property in Faversham Road, Morden, SM4 is around £315,079 which varies based on type of property you are interested in and ranges from £327,672 for semi-detached to around £313,191 for terraced house. Values have been changing and have risen £5,166 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,973 in last 6 months, £39,738 in last 1 year, £61,769 in last 2 years, £65,437 in last 3 years, £75,835 in last 4 years and £70,320 in last 5 years.
Currently average asking price of a property in Faversham Road, 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 Faversham Road, Morden, SM4 is £315,079. Average asking price is £399,424 while average price paid is £320,000 which is up by £39,738 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 Faversham Road, Morden, SM4 area. In last 1 year alone average price buyer paid is around £320,000 based on approximately 2 sales in Faversham Road, Morden, SM4 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £286,666. 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 £266,800 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £256,875 per sale.