248A Martin Way, Morden, SM4 4AW is a freehold terraced property built between 1930-1949. The property offers approximately 463 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £490,217 , which equates to approximately £1,059 per square foot. It was last sold on 24 Mar 2003 for £165,000. Since then, the value has increased by £325,217, representing a 197.1% increase, or approximately 8.7% per year.

The current estimated value of £490,217 is:

  • 28.8% higher than the average property price on Martin Way
  • 13.3% lower than the average in the SM4 4AW postcode area
  • and 1.1% higher than the average price for Morden as a whole

View sold house prices in SM4 4AW

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
463 sq ft
Tenure
Freehold
Floor level
1st floor
Price (estimate)
£490,217
Price Per sq ft (estimate)
£1,059
Bedroom Count (estimate)
1 bedroom

EPC Summary

248A Martin Way, Morden, Merton, Greater London Authority, SM4 4AW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 29 Nov 2018.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Jan 2009. The rating of C is unchanged, though the energy efficiency score decreased by 4.1%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 14% of fixed outlets, with efficiency changing from very good to poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 14% of fixed outlets
Poor

Compared to SM4 4AW

11 th / 14
Price Rank
13% lower than average
8 th / 9
Size Rank
52% smaller than average
1 st / 9
Price Per Sq FT Rank
81% higher than average

Compared to other properties in SM4 4AW , this flat's estimated value ranks 11th out of 14. Based on price per square foot, it ranks 1st out of 9 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 8th out of 9 properties in its postcode area.

Sale History

Today
£490,217
streetscan.co.uk estimate
+197 %
24 Mar 2003
£165,000
Leasehold

Area Insights

Similar Properties Sold Nearby

244C Martin Way, Morden, SM4 4AW
rooms: 3
size: 441 sq ft
sale price: £120,000
sale date: 7 Nov 2003
84 Martin Way, Morden, SM4 4AG
rooms: 3
size: 506 sq ft
sale price: £165,000
sale date: 15 Apr 2010

Data Sources

The property at 248A Martin Way, Morden, Merton, Greater London Authority, SM4 4AW appears once in the Land Registry records, with the transaction recorded on 24 Mar 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Nov 2018. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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