Flat 3, Cluster House, 22 Schoolgate Drive, Morden, SM4 5BW is a leasehold flat built in 2012 onwards. The property offers approximately 603 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £279,422 , which equates to approximately £464 per square foot. It was last sold on 5 Jun 2024 for £275,000. Since then, the value has increased by £4,422, representing a 1.6% increase, or approximately 1.1% per year.

The current estimated value of £279,422 is:

  • 22.2% lower than the average property price on Schoolgate Drive
  • 2.5% lower than the average in the SM4 5BW postcode area
  • and 42.4% lower than the average price for Morden as a whole

At the most recent EPC inspection on 12 January 2024, the property was recorded as owner-occupied.

View sold house prices in SM4 5BW

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
603 sq ft
Tenure
Leasehold
Price (estimate)
£279,422
Price Per sq ft (estimate)
£464
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, 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 12 Jan 2024.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. 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 2.5%.

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 was changed from from main system to electric immersion, off-peak, with its energy efficiency improving from very poor to 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), with no change in energy efficiency (very 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 all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SM4 5BW

18 th / 27
Price Rank
3% lower than average
10 th / 26
Size Rank
5% bigger than average
24 th / 26
Price Per Sq FT Rank
8% lower than average

Compared to other properties in SM4 5BW , this flat's estimated value ranks 18th out of 27. Based on price per square foot, it ranks 24th 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 10th out of 26 properties in its postcode area.

Sale History

Today
£279,422
streetscan.co.uk estimate
+2 %
5 Jun 2024
£275,000
Leasehold
+34.1 %
13 Mar 2014
£205,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 635 sq ft
sale price: £282,500
sale date: 15 Mar 2024
rooms: 2
size: 624 sq ft
sale price: £285,000
sale date: 14 Jul 2023
rooms: 2
size: 527 sq ft
sale price: £300,000
sale date: 25 Oct 2019
rooms: 2
size: 538 sq ft
sale price: £275,000
sale date: 29 Apr 2019
rooms: 2
size: 517 sq ft
sale price: £280,000
sale date: 13 Feb 2018

Data Sources

The property at Flat 3, Cluster House, 22 Schoolgate Drive, Morden, SM4 5BW appears two times in the Land Registry records, with the latest transaction recorded on 5 Jun 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Jan 2024. 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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