Morden House Prices Morden House Prices

The average house price in Morden is £749,681 using HM Land Registry data.

The average property price increased by £146,903 (28.38%) over the last 5 years and increased by £29,360 (4.62%) over the last 12 months.

Over the last year, there were 233 residential property sales – a decrease of 61 transactions (-26.18%) relative to the previous year. The majority of house sales (66) were in the £524,000 - £636,000 range. Then came properties in the £300,000 - £412,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-26,981 (-2%).

In April 2024, there were 49 new estate agency instructions, 36 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in Morden

28.38%

Property prices in Morden increased by 28.38% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Morden Over the Last Year

4.62%

Property prices in Morden increased by 4.62% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Morden - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Morden

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Morden

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Morden

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Morden since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Morden area since 1995.

Recent Property Sales in Morden

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
169 Lower Morden Lane, Morden, Greater London, SM4 4SP£650,000£620,000-£30,00015 Aug 202329 Feb 2024198 Days
5 Leamington Avenue, Morden, Greater London, SM4 4DQ£650,000£630,000-£20,00020 Oct 202316 Feb 2024119 Days
4 Hadleigh Close, London, Greater London, SW20 9AW£685,000£685,000£0020 Jun 202316 Feb 2024241 Days
134 Cardinal Avenue, Morden, Greater London, SM4 4SX£625,000£600,000-£25,00025 Oct 202314 Feb 2024112 Days
366 Lynmouth Avenue, Morden, Greater London, SM4 4RT£525,000£504,000-£21,00001 Aug 202331 Jan 2024183 Days
27 Garth Close, Morden, Greater London, SM4 4NN£500,000£490,000-£10,00026 Jul 202319 Jan 2024177 Days
365 Hillcross Avenue, Morden, Greater London, SM4 4BX£675,000£675,000£0006 May 202315 Jan 2024254 Days
75 Sandbourne Avenue, Merton Park, London, Greater London, SW19 3EH£795,000£773,000-£22,00025 Sep 202305 Jan 2024102 Days
72 Camborne Road, Morden, Greater London, SM4 4JJ£700,000£694,451-£5,54910 Mar 202318 Dec 2023283 Days
7 Wydell Close, Morden, Greater London, SM4 4NS£600,000£600,000£0026 Oct 202315 Dec 202350 Days
64 Whatley Avenue, London, Greater London, SW20 9NS£630,000£630,000£0019 May 202315 Dec 2023210 Days
151 Monkleigh Road, Morden, Greater London, SM4 4EQ£535,000£523,000-£12,00006 Jul 202312 Dec 2023159 Days
100 Haynt Walk, London, Greater London, SW20 9NX£680,000£625,000-£55,00002 Aug 202328 Nov 2023118 Days
24 Mossville Gardens, Morden, Greater London, SM4 4DG£750,000£730,000-£20,00010 May 202324 Nov 2023198 Days
145 Elm Walk, London, Greater London, SW20 9EF£900,000£860,000-£40,00014 Jul 202310 Nov 2023119 Days
34 Carlingford Road, Morden, Greater London, SM4 4NY£520,000£505,000-£15,00004 Aug 202308 Nov 202396 Days
233 Hillcross Avenue, Morden, Greater London, SM4 4BU£625,000£575,000-£50,00024 Mar 202303 Nov 2023224 Days
Flat 94, Merton Mansions, Bushey Road, Raynes Park, London, Greater London, SW20 8DG£449,950£425,000-£24,95030 Mar 202302 Nov 2023217 Days
2 The Holt, Morden, Greater London, SM4 5AP£287,000£280,000-£7,00011 May 202327 Oct 2023169 Days
24 Springfield Avenue, London, Greater London, SW20 9JX£750,000£700,000-£50,00015 May 202326 Oct 2023164 Days

Most Expensive Streets in Morden

PostcodeStreetAreaAverageNo. of Sales
SW19 3HADorset RoadLondon£1,792,5004
SW19 3HPSheridan RoadMerton Park£1,559,0584
SW19 3LNMostyn RoadLondon£1,524,2857
SW19 3JRPoplar RoadLondon£1,311,2504
SW20 9ABManor GardensLondon£1,283,2005
SW19 3NZLangley RoadLondon£1,220,0003
SW19 3HBDorset RoadLondon£1,184,0003
SW19 3JAErridge RoadLondon£1,182,5004
SW20 9AAWatery LaneLondon£1,145,6663
SW19 3HEDorset RoadLondon£1,137,5008

Least Expensive Streets in Morden

PostcodeStreetAreaAverageNo. of Sales
SW19 3JWChurch LaneLondon£188,31513
SW19 3ANLangley RoadLondon£197,5004
SM4 5HQGrosvenor CourtLondon Road£221,95010
SM4 4NHBeaver CloseMorden£240,4166
SW19 3HYOld School CloseLondon£244,54011
SM4 5APThe HoltMorden£249,3333
SM4 5HGGrosvenor CourtLondon Road£258,3336
SM3 9HUStonecot HillSutton£260,6663
SM4 5ASThe HomefieldMorden£262,8005
SM4 4AGMartin WayMorden£265,2504

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