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SM4 4 local market report Morden

Every figure on this page comes from the public record: 6,332 sales registered with HM Land Registry in SM4 4 (Morden) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

SM4 4 is a postcode sector: one group of streets inside SM4 (Morden). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.

Where SM4 4 sits

Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.

£557,500median sold price, 2026
+9%five-year change (cash)
29sales in the last 12 months
4.6%gross rental yield (est.)

What a home in SM4 4 sells for

The 2026 median in SM4 4 is £557,500, from 29 registered sales; the mean, £539,000, sits almost on top of it, so sales bunch tightly around the typical price.

For scale: the England and Wales median is £273,500, so SM4 4 trades 104% above the country as a whole.

The price of a typical SM4 4 home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£250k£500k£750k£1.00M1995200020052010201520202026 1995: £85,500 at the time · £181,523 in today's money · 186 sales1996: £84,700 at the time · £174,457 in today's money · 220 sales1997: £98,000 at the time · £196,284 in today's money · 238 sales1998: £112,200 at the time · £221,194 in today's money · 246 sales1999: £120,000 at the time · £233,568 in today's money · 276 sales2000: £153,000 at the time · £293,250 in today's money · 231 sales2001: £165,000 at the time · £309,796 in today's money · 303 sales2002: £190,800 at the time · £350,605 in today's money · 274 sales2003: £217,000 at the time · £390,430 in today's money · 275 sales2004: £229,200 at the time · £406,550 in today's money · 286 sales2005: £245,000 at the time · £425,819 in today's money · 238 sales2006: £246,000 at the time · £417,052 in today's money · 270 sales2007: £288,000 at the time · £477,119 in today's money · 273 sales2008: £300,000 at the time · £480,278 in today's money · 111 sales2009: £245,000 at the time · £384,642 in today's money · 136 sales2010: £278,800 at the time · £427,019 in today's money · 138 sales2011: £285,000 at the time · £420,192 in today's money · 133 sales2012: £297,500 at the time · £427,656 in today's money · 174 sales2013: £310,000 at the time · £435,642 in today's money · 217 sales2014: £375,000 at the time · £519,578 in today's money · 217 sales2015: £425,000 at the time · £586,500 in today's money · 193 sales2016: £445,000 at the time · £608,020 in today's money · 173 sales2017: £457,500 at the time · £609,411 in today's money · 177 sales2018: £470,000 at the time · £611,887 in today's money · 157 sales2019: £460,000 at the time · £588,868 in today's money · 179 sales2020: £470,000 at the time · £595,592 in today's money · 154 sales2021: £510,000 at the time · £630,645 in today's money · 227 sales2022: £576,500 at the time · £660,224 in today's money · 160 sales2023: £550,000 at the time · £590,202 in today's money · 139 sales2024: £549,000 at the time · £570,068 in today's money · 156 sales2025: £560,000 at the time · £560,000 in today's money · 146 sales2026: £557,500 at the time · £557,500 in today's money · 29 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£557,500£557,50029
2025£560,000£560,000146
2024£549,000£570,068156
2023£550,000£590,202139
2022£576,500£660,224160
2021£510,000£630,645227
2020£470,000£595,592154
2019£460,000£588,868179
2018£470,000£611,887157
2017£457,500£609,411177
2016£445,000£608,020173
2015£425,000£586,500193
2014£375,000£519,578217
2013£310,000£435,642217
2012£297,500£427,656174
2011£285,000£420,192133
2010£278,800£427,019138
2009£245,000£384,642136
2008£300,000£480,278111
2007£288,000£477,119273
2006£246,000£417,052270
2005£245,000£425,819238
2004£229,200£406,550286
2003£217,000£390,430275
2002£190,800£350,605274
2001£165,000£309,796303
2000£153,000£293,250231
1999£120,000£233,568276
1998£112,200£221,194246
1997£98,000£196,284238
1996£84,700£174,457220
1995£85,500£181,523186

In cash terms the typical SM4 4 home went from £85,500 in 1995 to £557,500 in 2026, roughly 7 times the price. Even after inflation that is a real rise of about 207%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2022; the current median sits about 16% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.

Year-on-year change in the SM4 4 median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+50% -50% 0% 1996 · −0.9% on the year before1997 · +15.7% on the year before1998 · +14.5% on the year before1999 · +7.0% on the year before2000 · +27.5% on the year before2001 · +7.8% on the year before2002 · +15.6% on the year before2003 · +13.7% on the year before2004 · +5.6% on the year before2005 · +6.9% on the year before2006 · +0.4% on the year before2007 · +17.1% on the year before2008 · +4.2% on the year before2009 · −18.3% on the year before2010 · +13.8% on the year before2011 · +2.2% on the year before2012 · +4.4% on the year before2013 · +4.2% on the year before2014 · +21.0% on the year before2015 · +13.3% on the year before2016 · +4.7% on the year before2017 · +2.8% on the year before2018 · +2.7% on the year before2019 · −2.1% on the year before2020 · +2.2% on the year before2021 · +8.5% on the year before2022 · +13.0% on the year before2023 · −4.6% on the year before2024 · −0.2% on the year before2025 · +2.0% on the year before2026 · −0.4% on the year before200020052010201520202026

The strongest year on record here is 2000 (+27.5% on the year before); the weakest, 2009 (−18.3%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−0.4%−0.4%
5 years (since 2021)+1.8%−2.4%
10 years (since 2016)+2.3%−0.9%
20 years (since 2006)+4.2%+1.5%

Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

250500 1995: 186 sales1996: 220 sales1997: 238 sales1998: 246 sales1999: 276 sales2000: 231 sales2001: 303 sales2002: 274 sales2003: 275 sales2004: 286 sales2005: 238 sales2006: 270 sales2007: 273 sales2008: 111 sales2009: 136 sales2010: 138 sales2011: 133 sales2012: 174 sales2013: 217 sales2014: 217 sales2015: 193 sales2016: 173 sales2017: 177 sales2018: 157 sales2019: 179 sales2020: 154 sales2021: 227 sales2022: 160 sales2023: 139 sales2024: 156 sales2025: 146 sales2026: 29 sales1995200020052010201520202026

SM4 4 recorded 29 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 269 sales a year before the financial crisis and 126 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around SM4 4

SM4 4 falls under Merton, where the ONS puts the average private rent at £2,114 a month (May 2026 figures). A one-bed averages £1,594 a month here and a four-or-more-bed £3,188, so size does most of the work in setting the rent.

Average monthly rent by size, Merton

ONS Price Index of Private Rents, May 2026.

1 bed: £1,594 a month£1,5941 bed2 bed: £1,969 a month£1,9692 bed3 bed: £2,341 a month£2,3413 bed4+ bed: £3,188 a month£3,1884+ bed

Set against the £557,500 median sold price, £2,114 a month is £25,368 a year, a gross yield of 4.6%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will SM4 4 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 9% over five years in cash but down 12% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

The risers and the fallers

The spread across the SM area is the point: the same five years treated these districts very differently.

Other street groups in SM4

Prices can differ sharply between two sectors a few minutes' walk apart. The rest of SM4, each linking to its own report:

SectorMedian (latest)Sales that year
SM4 5£440,00019
SM4 6£445,00036

Zoom out to the full SM4 district report for the type split, monthly volumes and how SM4 compares with its neighbours.

Dig further

Answers come from the same Land Registry data behind this report, and the AI knows you are asking about SM4 4. Free, with a one click sign in.

See every individual SM4 4 sale on the live map, mapped to the exact address, or the quick-reference SM4 4 price page. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.

How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.

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