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Morden House Prices

The average house price in Morden is £618,111 using HM Land Registry data.

The average property price increased by £141,699 (27.1%) over the last 5 years and increased by £28,327 (4.45%) over the last 12 months.

Over the last year, there were 224 residential property sales – a decrease of 86 transactions (-38.39%) relative to the previous year. The majority of house sales (54) were in the £528,000 - £642,000 range. Then came properties in the £414,000 - £528,000 range, where 39 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 93 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-26,981 (-2%).

In Oct 24, there were 43 new estate agency instructions, 48 agreed home sales and 32 property price reductions.

5-Year Average Property Prices in Morden

27.1%

Property prices in Morden increased by 27.1% 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

4.45%

Property prices in Morden increased by 4.45% 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.

Property Market Heat Gauge for Morden - Oct 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
42 Rutland Drive, Morden, Greater London, SM4 5QH	£650,000	£650,000	£00	18 Jul 2024	20 Aug 2024	33 Days
143 Kenley Road, London, Greater London, SW19 3DN	£950,000	£937,500	-£12,500	04 Jan 2024	12 Aug 2024	221 Days
75 Hillcross Avenue, Morden, Greater London, SM4 4AY	£570,000	£562,500	-£7,500	12 Jan 2024	19 Jul 2024	189 Days
104 Elm Walk, London, Greater London, SW20 9EG	£825,000	£800,000	-£25,000	23 Feb 2024	19 Jul 2024	147 Days
55 Haynt Walk, London, Greater London, SW20 9NY	£670,000	£650,000	-£20,000	03 Jan 2024	17 Jul 2024	196 Days
125 Martin Way, Morden, Greater London, SM4 4AR	£340,000	£340,000	£00	23 Feb 2024	12 Jul 2024	140 Days
111 Whatley Avenue, London, Greater London, SW20 9NT	£575,000	£565,000	-£10,000	06 Mar 2024	12 Jul 2024	128 Days
30 Haynt Walk, London, Greater London, SW20 9NX	£725,000	£715,000	-£10,000	23 Feb 2024	11 Jul 2024	139 Days
274 Garth Road, Morden, Greater London, SM4 4NL	£475,000	£450,000	-£25,000	27 Sep 2023	28 Jun 2024	275 Days
77 Sandbourne Avenue, Merton Park, London, Greater London, SW19 3EH	£795,000	£780,000	-£15,000	09 Jan 2024	18 Jun 2024	161 Days
Shrub Cottage, Church Path, London, Greater London, SW19 3HJ	£2,100,000	£1,923,500	-£176,500	09 Sep 2023	14 Jun 2024	279 Days
5 Crown Road, Morden, Greater London, SM4 5DD	£475,000	£450,000	-£25,000	21 Apr 2023	07 Jun 2024	413 Days
55 Aragon Road, Morden, Greater London, SM4 4QG	£455,000	£450,000	-£5,000	13 Nov 2023	07 Jun 2024	207 Days
26 Kenley Road, London, Greater London, SW19 3JQ	£975,000	£975,000	£00	23 Jan 2024	07 Jun 2024	136 Days
430 Lynmouth Avenue, Morden, Greater London, SM4 4RU	£665,000	£660,000	-£5,000	22 Feb 2024	24 May 2024	92 Days
369 Cannon Hill Lane, London, Greater London, SW20 9HQ	£575,000	£550,000	-£25,000	13 Nov 2023	24 May 2024	193 Days
102a, Tudor Drive, Morden, Greater London, SM4 4PF	£349,950	£340,000	-£9,950	21 Oct 2023	16 May 2024	208 Days
197 Lynmouth Avenue, Morden, Greater London, SM4 4RR	£500,000	£497,500	-£2,500	03 Nov 2023	10 May 2024	189 Days
64 Glenthorpe Road, Morden, Greater London, SM4 4JW	£745,000	£730,000	-£15,000	16 Feb 2023	07 May 2024	446 Days
110 Aragon Road, Morden, Greater London, SM4 4QQ	£510,000	£500,000	-£10,000	25 Oct 2023	29 Apr 2024	187 Days

Most Expensive Streets in Morden

Postcode	Street	Area	Average	No. of Sales
SW19 3HA	Dorset Road	London	£1,792,500	4
SW19 3LN	Mostyn Road	London	£1,746,000	5
SW19 3HP	Sheridan Road	Merton Park	£1,312,078	3
SW19 3JR	Poplar Road	London	£1,311,250	4
SW20 9AB	Manor Gardens	London	£1,283,200	5
SW19 3HB	Dorset Road	London	£1,261,750	4
SW19 3JA	Erridge Road	London	£1,226,666	3
SW19 3HE	Dorset Road	London	£1,157,142	7
SW20 9AA	Watery Lane	London	£1,145,666	3
SW19 3DT	Wessex Avenue	London	£1,130,000	3

Least Expensive Streets in Morden

Postcode	Street	Area	Average	No. of Sales
SW19 3JW	Church Lane	London	£187,104	11
SW19 3AN	Langley Road	London	£201,237	4
SM4 5HQ	Grosvenor Court	London Road	£221,950	10
SW19 3HY	Old School Close	London	£237,079	12
SM4 4NH	Beaver Close	Morden	£241,785	7
SM4 5HG	Grosvenor Court	London Road	£257,000	5
SM3 9HU	Stonecot Hill	Sutton	£260,666	3
SM4 5AS	The Homefield	Morden	£262,800	5
SW20 9NQ	Grand Drive	London	£265,600	5
SM4 5HN	Morden Court	Morden	£270,611	9