Recent sale
FIELD HOUSE, 40 SCHOOLGATE DRIVE
£257k
Sale price
£/sqft
-
Rent pcm
-
Yield
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Flat 90, Field House, 40 Schoolgate Drive, Morden, SM4 5DJ
UPRN:48128299Purpose Built Flat2 bedsBuilt 2007-2011
LeaseholdCouncil Tax: -EPC: C (76)AI-Powered Intelligence
Data freshness:Listing· freshListing: fresh, refreshed 4d ago (2026-09-16T04:00:02.584543+00:00)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· 3mo agoEPC: ageing, refreshed 3mo ago (2026-07-01T02:04:50.057738+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
£299,000
Estimated value
Range: £284k - £314k|Last sold: £210k (2011-12-22)
Estimate of £299k for purpose built flats in Morden. 216 transactions in the last 12 months; median £475k.
AI Confidence
-
High confidence
Value History
Current estimate
£299k
£284k - £314k - High confidence
Annualised (CAGR)
-2.16%
Over the full window
Peak estimate
£371k
Jan 2025
From peak
-19.41%
Drawdown from peak
AVM estimate (model)Repeat-sales index - SM4 district (quarterly)index YoY -3.51%
Growth by window
3m
-7.72%
6m
-8.84%
12m
-19.41%
24m
-18.53%
60m
-16.94%
Rental Market
Estimated rent (pcm)
£1,450
/ month
Gross yield
5.97%
Net yield
5.14%
Vacancy trend
12-month change
Tenant profile
Market Metrics
Avg Area Price
£475k
2-bed Purpose Built Flat
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£299,000
- SDLT standard£4,950
- SDLT BTL surcharge (5%)£14,950
- Legal + Survey£15,000
- Refurb (light)£20,930
- Total All-In Cost£354,830
Funding
- Deposit (25%)£74,750
- Mortgage (75% LTV)£224,250
- Interest Rate5.25%
- Mortgage TypeInterest Only
- Cash Required£130,580
Monthly Returns
- Monthly Rent (est)£1,450
- Mortgage Payment (IO)-£981
- Management (10%)-£145
- Insurance-£105
- Maintenance-£125
- Monthly Cashflow+£94
Capital Returns
- 5yr Property Value£315,655
- 5yr Capital Gain (1.09% pa)+£16,655
- 5yr Cumulative Rent (net)+£64,500
- Less mortgage interest-£58,860
- 5yr Total Return+£22,295
5-Year Projection
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £302,259 | £78,009 | +£1,128 | +£4,387 | 3.4% |
| Year 2 | £305,554 | £81,304 | +£2,256 | +£8,810 | 6.7% |
| Year 3 | £308,884 | £84,634 | +£3,384 | +£13,268 | 10.2% |
| Year 4 | £312,251 | £88,001 | +£4,512 | +£17,763 | 13.6% |
| Year 5 | £315,655 | £91,405 | +£5,640 | +£22,295 | 17.1% |
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 (£130,580).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
Recent sale
FIELD HOUSE, 40 SCHOOLGATE DRIVE
£345k
Sale price
£/sqft
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Rent pcm
-
Yield
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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