51B Martin Way, Morden, SM4 4AH is a leasehold flat built between 1930-1949. The property offers approximately 581 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £294,406 , which equates to approximately £507 per square foot. It was last sold on 22 Oct 2021 for £288,000. Since then, the value has increased by £6,406, representing a 2.2% increase, or approximately 0.5% per year.

The current estimated value of £294,406 is:

  • 22.6% lower than the average property price on Martin Way
  • 13.1% higher than the average in the SM4 4AH postcode area
  • and 39.3% lower than the average price for Morden as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 26 May 2021, the property was recorded as rented.

View sold house prices in SM4 4AH

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
581 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£294,406
Price Per sq ft (estimate)
£507
Bedroom Count (estimate)
1 bedroom

EPC Summary

51B Martin Way, Morden, Merton, Greater London, SM4 4AH has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 May 2021.

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 30 Jun 2009, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 61.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 75 mm loft insulation, improving energy efficiency from very poor to average.
  • The wall construction or insulation changed from system built, 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 60% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 75 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SM4 4AH

3 rd / 20
Price Rank
13% higher than average
1 st / 14
Size Rank
0% same size than average
3 rd / 14
Price Per Sq FT Rank
13% higher than average

Compared to other properties in SM4 4AH , this flat's estimated value ranks 3rd out of 20. Based on price per square foot, it ranks 3rd out of 14 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 1st out of 14 properties in its postcode area.

Sale History

Today
£294,406
streetscan.co.uk estimate
+2 %
22 Oct 2021
£288,000
Leasehold
+2.9 %
11 Sep 2015
£280,000
Leasehold
+75 %
30 Sep 2010
£160,000
Leasehold
+9.6 %
7 Jul 2005
£146,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 570 sq ft
sale price: £262,500
sale date: 9 Sep 2022
rooms: 3
size: 570 sq ft
sale price: £203,500
sale date: 23 Feb 2018
rooms: 4
size: 581 sq ft
sale price: £201,000
sale date: 29 Feb 2016
rooms: 3
size: 570 sq ft
sale price: £249,950
sale date: 11 Jul 2014
rooms: 4
size: 560 sq ft
sale price: £180,000
sale date: 16 May 2014

Data Sources

The property at 51B Martin Way, Morden, SM4 4AH appears four times in the Land Registry records, with the latest transaction recorded on 22 Oct 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 May 2021. 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.