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.