Flat 18, Cluster House, 22 Schoolgate Drive, Morden, SM4 5BW is a leasehold flat built between 2003-2006. The property offers approximately 624 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 £286,417 , which equates to approximately £459 per square foot. It was last sold on 14 Jul 2023 for £285,000. Since then, the value has increased by £1,417, representing a 0.5% increase, or approximately 0.2% per year.

The current estimated value of £286,417 is:

  • 20.2% lower than the average property price on Schoolgate Drive
  • 0.1% lower than the average in the SM4 5BW postcode area
  • and 40.9% lower than the average price for Morden as a whole

At the most recent EPC inspection on 6 July 2023, the property was recorded as owner-occupied.

View sold house prices in SM4 5BW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£286,417
Price Per sq ft (estimate)
£459
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 18, Cluster House, 22 Schoolgate Drive, Morden, Merton, Greater London, SM4 5BW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Jul 2023.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 31 May 2013, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from air source heat pump, warm air, electric to room heaters, electric, changing energy efficiency from good to very poor.
  • The hot water system changed from from main system to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.28 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 92% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 92% of fixed outlets
Very Good

Compared to SM4 5BW

9 th / 27
Price Rank
0% same as average
9 th / 26
Size Rank
9% bigger than average
18 th / 26
Price Per Sq FT Rank
8% lower than average

Compared to other properties in SM4 5BW , this flat's estimated value ranks 9th out of 27. Based on price per square foot, it ranks 18th out of 26 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 9th out of 26 properties in its postcode area.

Sale History

Today
£286,417
streetscan.co.uk estimate
+0 %
14 Jul 2023
£285,000
Leasehold
+39 %
18 Nov 2013
£205,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 603 sq ft
sale price: £275,000
sale date: 5 Jun 2024
rooms: 2
size: 635 sq ft
sale price: £282,500
sale date: 15 Mar 2024
rooms: 2
size: 538 sq ft
sale price: £275,000
sale date: 29 Apr 2019
rooms: 3
size: 657 sq ft
sale price: £336,000
sale date: 18 Aug 2017
rooms: 2
size: 538 sq ft
sale price: £193,000
sale date: 21 Feb 2014

Data Sources

The property at Flat 18, Cluster House, 22 Schoolgate Drive, Morden, SM4 5BW appears two times in the Land Registry records, with the latest transaction recorded on 14 Jul 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Jul 2023. 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.


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