Cherrywood Lane, Morden, SM4
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Cherrywood Lane, Morden, SM4

By eddisonwhite

£ 850,000

Reviews

3 out of 5 stars

eddisonwhite says ..

This quintessential family home is being offered for sale and boasts lots of wonderful features. From the moment you arrive, you are met with the ever important curb appeal and off street parking, through the entrance you are welcomed by this cosy hallway which sets the standard for the rest of t...

Property Oracle says ..

The property is located in Morden, a suburban area in the London Borough of Merton. The area benefits from good transport links, with several train stations within a reasonable distance providing access to central London. There are also several well-regarded schools nearby, including those rated ‘Good’ and ‘Outstanding’ by Ofsted. This contributes to a desirable family-friendly environment and potentially higher property values. The presence of a garden adds to the property’s appeal.

Based on the images provided, the property appears to be well-maintained and in good condition. The interior is presented in a modern style, with updated kitchen and bathrooms. There is no visible evidence of significant repairs or renovations being required.

The property has a plot size of 1,337 sqft, which is a decent size for a terraced house in this area, providing sufficient outdoor space.

Considering the property’s size (2,474.24 sqft), location, condition, and the presence of a garden, the list price of £850,000 appears to be in line with or slightly above the average price per sqft in the area (£356). However, nearby comparable properties on Cherrywood Lane have sold for prices ranging from £725,000 to £900,000, suggesting that the list price is within the typical range for similar properties in the immediate vicinity. The slightly higher price could be justified by the property’s apparent good condition and desirable features.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
7
Bedrooms
4
Bathrooms
2
Sqft (est)
2,474.24
Lot (est)
1,337.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
605,000.00 £
Decreased by 10.44 %
from 675,537.00 £
Est sale value
915,468.80 £
Decreased by 31.35 %
from 1,333,615.36 £
Average area rental value
2,725.00 £/mo
Increased by 7.88 %
from 2,526.00 £/mo
Est letting value
2,474.24 £/mo
Decreased by 50.00 %
from 4,948.48 £/mo
Est rental Yield
5.40 %
Increased by 20.27 %
from 4.49 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • eddisonwhite created the listing.

Nearby Schools

NameTypeOfstedDistance
Hillcross Primary SchoolCommunity SchoolGood0.40 KM
Joseph Hood Primary SchoolCommunity SchoolGood0.83 KM
Hatfeild Primary SchoolCommunity SchoolGood0.86 KM
The Avenue Children'S CentreChildren's Centre Linked Site0.86 KM
Rutlish SchoolVoluntary Controlled SchoolOutstanding1.29 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Cherry Close £ 000.00 KM
Hillside Close £ 000.00 KM
Parkway £ 950,00000.00 KM
Cardinal Close £ 000.00 KM
Merton Mansions £ 400,00000.00 KM

Nearby Transport

NameNLCTLCDistance
South Merton5292SMO1.12 KM
Wimbledon Chase5612WBO1.22 KM
Morden South5291MDS1.65 KM
St Helier5290SIH1.96 KM
Raynes Park5569RAY2.12 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cherrywood Lane, Morden, SM4 £ 850,000BUY7 / 100.00 KM
Cherrywood Lane, Cannon Hill Common. £ 800,000BUY7 / 100.11 KM
Greenwood Close, Cannon Hill £ 725,000BUYUnknown0.14 KM
Greenwood Close, Morden, SM4 £ 625,000BUY6 / 100.14 KM
Northernhay Walk, Morden, SM4 £ 650,000BUY5 / 100.17 KM

Nearby Properties

AddressPriceDistance
3 Northernhay Walk £ 530,0000.10 KM
11 Northenhay Walk £ 260,0000.10 KM
2 Northernhay Walk £ 350,0000.10 KM
12 Northenhay Walk £ 133,5000.10 KM
9 Northernhay Walk £ 435,0000.10 KM