Recent sale
FIELD HOUSE, 40 SCHOOLGATE DRIVE
£257k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Flat 77, Field House, 40 Schoolgate Drive, Morden, SM4 5DJ
UPRN:48128286Flat/Maisonette2 bedsBuilt England and Wales: 2012 onwards
LeaseholdCouncil Tax: -EPC: C (80)AI-Powered Intelligence
Data freshness:Price Paid· 2mo agoPrice Paid: ageing, refreshed 2mo ago (2026-08-01T00:05:07.844309+00:00)Planning· 2mo agoPlanning: ageing, refreshed 2mo ago (2026-07-10T09:53:59.875486+00:00)EPC· 4mo agoEPC: stale, refreshed 4mo ago (2026-05-20T10:58:39.129138+00:00)Risk· 3mo agoRisk: ageing, refreshed 3mo ago (2026-07-04T06:46:22.443816+00:00)Crime· 4mo agoCrime: stale, refreshed 4mo ago (2026-05-20T10:58:39.129138+00:00)Connectivity· 3mo agoConnectivity: ageing, refreshed 3mo ago (2026-07-04T20:23:28.637306+00:00)Schools· 3mo agoSchools: ageing, refreshed 3mo ago (2026-07-07T09:14:45.605452+00:00)Amenities· 3mo agoAmenities: ageing, refreshed 3mo ago (2026-07-05T20:05:00.707256+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
AI ValuationFairly ValuedUpdated yesterday
£311,000
Estimated value
Range: £296k - £327k|Last sold: £345k (2017-09-01)
Estimate of £311k for flat/maisonettes in Morden. 216 transactions in the last 12 months; median £475k.
AI Confidence
-
High confidence
Value History
Current estimate
£311k
£296k - £327k - High confidence
Annualised (CAGR)
-1.44%
Over the full window
Peak estimate
£368k
Jan 2025
From peak
-15.49%
Drawdown from peak
AVM estimate (model)Repeat-sales index - SM4 district (quarterly)index YoY -3.51%
Growth by window
3m
-3.42%
6m
-11.40%
12m
-14.33%
24m
-14.09%
60m
-13.13%
Rental Market
Estimated rent (pcm)
£1,500
/ month
Gross yield
5.97%
Net yield
4.57%
Vacancy trend
12-month change
Tenant profile
Market Metrics
Avg Area Price
£475k
2-bed Flat/Maisonette
12m Price Growth
-3.3%
vs UK avg
Days on Market
82d
Area avg
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£311,000
- SDLT standard£5,550
- SDLT BTL surcharge (5%)£15,550
- Legal + Survey£15,000
- Refurb (light)£21,770
- Total All-In Cost£368,870
Funding
- Deposit (25%)£77,750
- Mortgage (75% LTV)£233,250
- Interest Rate5.25%
- Mortgage TypeInterest Only
- Cash Required£135,620
Monthly Returns
- Monthly Rent (est)£1,500
- Mortgage Payment (IO)-£1,020
- Management (10%)-£150
- Insurance-£106
- Maintenance-£130
- Monthly Cashflow+£94
Capital Returns
- 5yr Property Value£328,323
- 5yr Capital Gain (1.09% pa)+£17,323
- 5yr Cumulative Rent (net)+£66,840
- Less mortgage interest-£61,200
- 5yr Total Return+£22,963
5-Year Projection
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £314,390 | £81,140 | +£1,128 | +£4,518 | 3.3% |
| Year 2 | £317,817 | £84,567 | +£2,256 | +£9,073 | 6.7% |
| Year 3 | £321,281 | £88,031 | +£3,384 | +£13,665 | 10.1% |
| Year 4 | £324,783 | £91,533 | +£4,512 | +£18,295 | 13.5% |
| Year 5 | £328,323 | £95,073 | +£5,640 | +£22,963 | 16.9% |
Assumes 1.09% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£135,620).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
Recent sale
FIELD HOUSE, 40 SCHOOLGATE DRIVE
£345k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
FIELD HOUSE, 40 SCHOOLGATE DRIVE
£246k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
FIELD HOUSE, 40 SCHOOLGATE DRIVE
£365k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£32,983
Median Income
Signal
2,301
Population
Signal
4.4 / 100
Deprivation