Values have been changing and have risen £5,060 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,645 in last 6 months, £38,923 in last 1 year, £60,499 in last 2 years, £64,091 in last 3 years, £74,274 in last 4 years and £68,870 in last 5 years.
Currently average asking price of a property in Garendon Road, Morden, SM4 is around £399,424 based on approximately 4 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 Garendon Road, Morden, SM4 is £308,607. Average asking price is £399,424 while average price paid is £247,750 which is up by £38,923 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 Garendon Road, Morden, SM4 area. In last 1 year alone average price buyer paid is around £247,750 based on approximately 4 sales in Garendon Road, Morden, SM4 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £224,787. 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 £216,066 for 21 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £217,545 per sale.