Area Guide For Morden

Morden a district in the London Borough of Merton. This area stayed very much rural even throughout the 19th century. Despite London’s suburban expansion, a little of the earlier rural nature of Modern has survived; such as several grand period buildings, especially considering Modern’s parks.


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Estimated Price: £374,508
Average Asking Price: £399,425
Price change in last one year: £48,758
Average Price Paid: £266,964
Average Rent Rates: £1,341


Property Prices Breakdown in Morden

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.


Properties For Sale in Morden


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £332,692, £429,597 for a 3 bedroom house, £537,489 for a 4 bedroom house and £548,317 for a 5 bedroom house. For a flat similarly the prices varies from £238,136 for a single bedroom to £280,292 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £268,317. To sum up the asking prices for properties in Morden it comes to around average £238,136 for 1 bedroom property, £306,492 for 2 bedroom, £417,191 for 3 bedroom, £537,489 for 4 bedroom and £548,317 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £859 for 1 bedroom to £1,400 for 2 bedrooms, £1,595 for 3 bedrooms, £2,114 for 4 bedrooms and £2,700 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £979. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,236. You should be generally be expecting around average £939 rent per month for single bedroom property, £1,300 for 2 bedroom, £1,595 for 3 bedroom, £2,114 for 4 bedroom and approximately £2,700 for a 5 bedroom property in Morden area.

Popular Houses in Morden

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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