Local market reports › SM area › SM4 › SM4 5
Morden Park market report SM4 5, Morden
The SM4 5 (Morden Park) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 3,861 HM Land Registry entries for SM4 5 (Morden), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: 22 registered 2026 sales put the SM4 5 (Morden) median at £417,500, down 12% on five years earlier, with a mean of £420,900, and by floor area homes here have averaged about £5,920 per square metre over the last five years. Everything rests on 3,861 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
SM4 5 is one sector of SM4 (Morden): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where SM4 5 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.
What buyers actually paid in SM4 5
The SM4 5 median stands at £417,500 for 2026, built from 22 registered sales; the mean, the figure usually quoted as the "average house price", is £420,900, almost on top of it, so sales bunch tightly around the typical price.
Price per square metre in SM4 5
The last five years of sales put SM4 5 at roughly £5,920 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
England and Wales as a whole trade at a £285,000 median, leaving SM4 5 46% above the national figure.
A typical SM4 5 home, priced year by year (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.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £417,500 | £417,500 | 22 |
| 2025 | £442,500 | £453,082 | 80 |
| 2024 | £492,500 | £523,629 | 78 |
| 2023 | £466,200 | £512,240 | 78 |
| 2022 | £392,500 | £460,251 | 89 |
| 2021 | £472,500 | £598,246 | 107 |
| 2020 | £410,000 | £531,983 | 77 |
| 2019 | £395,000 | £517,750 | 86 |
| 2018 | £375,000 | £499,882 | 66 |
| 2017 | £405,000 | £552,379 | 108 |
| 2016 | £360,000 | £503,644 | 109 |
| 2015 | £325,000 | £459,225 | 145 |
| 2014 | £275,000 | £390,136 | 153 |
| 2013 | £220,000 | £316,558 | 141 |
| 2012 | £218,800 | £322,046 | 144 |
| 2011 | £210,000 | £317,019 | 139 |
| 2010 | £196,000 | £307,378 | 154 |
| 2009 | £210,000 | £337,577 | 69 |
| 2008 | £250,000 | £409,803 | 79 |
| 2007 | £246,000 | £417,285 | 154 |
| 2006 | £219,000 | £380,156 | 179 |
| 2005 | £201,500 | £358,589 | 135 |
| 2004 | £190,000 | £345,077 | 139 |
| 2003 | £182,000 | £335,288 | 152 |
| 2002 | £150,000 | £282,224 | 173 |
| 2001 | £126,000 | £242,229 | 187 |
| 2000 | £117,000 | £229,613 | 164 |
| 1999 | £89,000 | £177,372 | 159 |
| 1998 | £80,500 | £162,495 | 130 |
| 1997 | £67,000 | £137,403 | 144 |
| 1996 | £65,500 | £138,137 | 119 |
| 1995 | £66,000 | £143,474 | 102 |
In cash terms the typical SM4 5 home went from £66,000 in 1995 to £417,500 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 191%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2021, and today's median remains roughly 30% under it: a 2021 buyer is still waiting to get that price back in today's money.
Year-on-year change in the SM4 5 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2000 (+31.5% on the year before); the weakest, 2022 (−16.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −5.6% | −7.9% |
| 5 years (since 2021) | −2.4% | −6.9% |
| 10 years (since 2016) | +1.5% | −1.9% |
| 20 years (since 2006) | +3.3% | +0.5% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Sales activity in SM4 5
Sales per year, counted
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The register shows 22 SM4 5 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 160 sales a year before the financial crisis and 69 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.
The rental side of SM4 5
SM4 5 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.
Against the £417,500 median purchase price, a rent of £2,114 a month (£25,368 a year) works out at a 6.1% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Reading the SM4 5 market
This is a thin market: 22 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Within SM4, this sector trades 12% below the district median: one of its district's cheaper corners.
Asked and answered: SM4 5 (Morden Park)
Is SM4 5 (Morden Park) a good place to buy a house?
How much did a house sell for in SM4 5 (Morden Park)?
Are property prices falling in SM4 5 (Morden Park)?
Are SM4 5 prices heading up or down?
No honest page predicts prices, so this one sticks to the record: the median is down 12% over five years in cash but down 30% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
SM4's current homes for sale
This is what you could actually buy today: 62 homes currently on the market from 7 agents publishing to HomesIndex.
These cover the whole SM4 district, not just SM4 5: live asking prices are collected per district.
32% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every SM4 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Bedroom by bedroom: SM prices by size
The Land Registry record, split by size: what each kind of home actually sold for across the SM area. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £574,000 | £775,000 (+35%) | £1,030,000 (+33%) | £1,382,500 (+34%) |
| Semi-detached | £385,000 | £505,000 (+31%) | £610,000 (+21%) | £738,750 (+21%) | £884,000 (+20%) |
| Terraced | £400,000 | £460,000 (+15%) | £555,000 (+21%) | £655,000 (+18%) | — |
| Flat | £264,000 | £330,000 (+25%) | £420,000 (+27%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the SM area is the point: the same five years treated these districts very differently.
Winners and losers across the SM area, five years
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in SM4
Sector boundaries hide real price steps. The rest of SM4, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SM4 4 | £553,800 | 48 |
| SM4 6 | £460,000 | 45 |
Zoom out to the full SM4 district report for the type split, monthly volumes and how SM4 compares with its neighbours.
Thinking of selling in SM4 5? Get a rough value first
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in SM4 5, use the average prices map for a rough value: zoom from SM4 5's shading down to the sold homes on your own street. The figures above are every recorded SM4 5 sale; agents price with this same Land Registry record, and now you have it too.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim SM4 5.
Dig further
Behind the answers sits the same Land Registry record as this page, with SM4 5 already set as the subject. Free, one click sign in.
See every individual SM4 5 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. 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.