The Drive, Morden, SM4 Street Guide UK

Property Prices Breakdown in The Drive, Morden, SM4

Average Price for property in The Drive, Morden, SM4 is around £469,333 which varies based on type of property you are interested in and ranges from £496,880 for detached house to around £486,758 for semi-detached. Similarly terraced house is around £436,586 and a flat is worth £319,538. Values have been changing and have risen £7,695 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £23,791 in last 6 months, £59,190 in last 1 year, £92,003 in last 2 years, £97,463 in last 3 years, £112,950 in last 4 years and £104,729 in last 5 years.

Currently average asking price of a property in The Drive, Morden, SM4 is around £399,424 based on approximately 0 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 The Drive, Morden, SM4 is £469,333. Average asking price is £399,424 while average price paid is £320,666 which is up by £97,463 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 The Drive, Morden, SM4 area. In last 3 years alone average price buyer paid is around £320,666 based on approximately 3 sales in The Drive, Morden, SM4 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £330,600. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £313,388 for 9 per sale.

Kitchen

Bedroom

Bathroom

Living Room

Dining Room

Family Room

Drawing Room

Garden

House Front

Front Lawn

Attic Space

Backyard

Balcony

Basement

Conservatory/Sun room

Corridor

Door

Drawing/Blue print

En-Suite

Entry/Entrance

Fireplace

Garage/Shed

Gym

Hall

Home Bar

Home Office

Interior Decor

Kids Room

Landing

Laundry

Mirror

Misc

Neighbourhood

Outdoor Landscaping

Outside Look

Parking

Pools & Sport

Rear Elevation

Rooftop

Staircase

Storage/Closet

Study Room

Swimming pool

Utility Room

Wardrobe

Water View

Window

Wine Cellar

Work Room

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 £328,568, £430,073 for a 3 bedroom house, £543,738 for a 4 bedroom house and £537,129 for a 5 bedroom house. For a flat similarly the prices varies from £238,136 for a single bedroom to £277,768 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £268,317. To sum up the asking prices for properties in The Drive, Morden, SM4 it comes to around average £238,136 for 1 bedroom property, £303,168 for 2 bedroom, £419,044 for 3 bedroom, £543,738 for 4 bedroom and £537,129 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 £1,245. You should be generally be expecting around average £939 rent per month for single bedroom property, £1,305 for 2 bedroom, £1,595 for 3 bedroom, £2,114 for 4 bedroom and approximately £2,700 for a 5 bedroom property in The Drive, Morden, SM4 area.