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Morden Park market report SM4, Morden
The SM4 (Morden Park) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 15,259 registered sales in SM4 (Morden) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for SM4 (Morden) is £475,000, from 115 registered sales, up 3% on five years earlier; the mean is £479,100, and by floor area homes here have averaged about £6,100 per square metre over the last five years. Behind the figures sit 15,259 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
SM4 is the postcode district covering Morden, Morden Park, Lower Morden in Morden. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where SM4 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.
Today's SM4 prices, from the sold record
The SM4 median stands at £475,000 for 2026, built from 115 registered sales; the mean, the figure usually quoted as the "average house price", is £479,100, almost on top of it, so sales bunch tightly around the typical price.
SM4 prices by floor area
A square metre of SM4 home has cost about £6,100 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
The national median for England and Wales is £285,000, which puts SM4 67% above the country at large.
A typical SM4 home, priced year by year (1995 to 2026)
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £475,000 | £475,000 | 115 |
| 2025 | £507,000 | £519,124 | 337 |
| 2024 | £493,900 | £525,117 | 336 |
| 2023 | £475,000 | £521,909 | 314 |
| 2022 | £485,000 | £568,718 | 331 |
| 2021 | £460,000 | £582,419 | 469 |
| 2020 | £422,500 | £548,202 | 313 |
| 2019 | £411,000 | £538,723 | 364 |
| 2018 | £400,000 | £533,208 | 326 |
| 2017 | £410,000 | £559,199 | 411 |
| 2016 | £390,000 | £545,614 | 412 |
| 2015 | £365,000 | £515,745 | 480 |
| 2014 | £303,000 | £429,858 | 527 |
| 2013 | £260,000 | £374,114 | 506 |
| 2012 | £248,500 | £365,761 | 438 |
| 2011 | £230,000 | £347,212 | 394 |
| 2010 | £229,500 | £359,915 | 419 |
| 2009 | £215,000 | £345,614 | 324 |
| 2008 | £250,000 | £409,803 | 295 |
| 2007 | £242,000 | £410,499 | 758 |
| 2006 | £223,800 | £388,488 | 674 |
| 2005 | £205,000 | £364,817 | 580 |
| 2004 | £192,500 | £349,618 | 648 |
| 2003 | £184,000 | £338,973 | 632 |
| 2002 | £161,000 | £302,920 | 689 |
| 2001 | £135,000 | £259,531 | 740 |
| 2000 | £122,500 | £240,406 | 611 |
| 1999 | £102,000 | £203,281 | 656 |
| 1998 | £88,000 | £177,634 | 573 |
| 1997 | £77,000 | £157,911 | 613 |
| 1996 | £71,500 | £150,790 | 516 |
| 1995 | £71,000 | £154,343 | 458 |
In cash terms the typical SM4 home went from £71,000 in 1995 to £475,000 in 2026, roughly 7 times the price. Inflation explains only part of it: in today's money the rise is still about 208%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2021. The market now sits about 18% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the SM4 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 2015 (+20.5% on the year before); the weakest, 2009 (−14.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −6.3% | −8.5% |
| 5 years (since 2021) | +0.6% | −4.0% |
| 10 years (since 2016) | +2.0% | −1.4% |
| 20 years (since 2006) | +3.8% | +1.0% |
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.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 58% of the typed total. In 2025, the last year both were recorded here, a detached home traded at £620,000 against £320,000 for a flat, 1.9 times the price.
Median by property type, SM4
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £620,000 (2025) | – | 242 |
| Semi-detached | £600,000 | 19 | 2,414 |
| Terraced | £509,500 | 64 | 8,861 |
| Flats | £320,000 | 31 | 3,733 |
How many homes change hands in SM4
The year-by-year sales count
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 last five years, month by month
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
SM4 recorded 241 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 667 sales a year before the financial crisis and 287 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 tenants pay around SM4
The local authority for SM4 is Merton, and its ONS average private rent currently stands at £2,114 a month (May 2026 figures). Size sets most of the rent: one-beds average £1,594 a month here against £3,188 for four or more bedrooms.
Average monthly rent by size, Merton
ONS Price Index of Private Rents, May 2026.
Set against the £475,000 median sold price, £2,114 a month is £25,368 a year, a gross yield of 5.3%: 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.
SM4 (Morden Park): the questions that come up
Are property prices falling in SM4 (Morden Park)?
Is SM4 (Morden Park) a good place to buy a house?
How much did a house sell for in SM4 (Morden Park)?
Where do SM4 prices go next?
No honest page predicts prices, so this one sticks to the record: the median is up 3% over five years in cash but down 18% 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
Everything above is what homes in SM4 sold for. This is what you could actually buy today: 62 homes currently on the market from 7 agents publishing to HomesIndex, at a typical asking price 4% above the SM4 median sold price.
32% of current listings sit under the prices comparable homes actually fetched. Each listing is compared with recent recorded sales of similar homes nearby.
"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 →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
What another bedroom costs in SM
What homes of each size actually sold for across the SM area, from the Land Registry record. 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%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
SM4 ranks 5 of 7 in the SM area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the SM area, five years
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside SM4, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SM4 4 | £553,800 | 48 |
| SM4 5 | £417,500 | 22 |
| SM4 6 | £460,000 | 45 |
How SM4 compares nearby
Same city, different markets. The neighbouring districts of the SM area, dearest first:
| District | Median | 5-year |
|---|---|---|
| SM7 | £625,000 | +6% |
| SM3 | £550,000 | +12% |
| SM4 (this report) | £475,000 | +3% |
| SM5 | £450,000 | +13% |
| SM1 | £422,500 | +5% |
| SM6 | £409,500 | +1% |
| SM2 | £350,000 | -8% |
Selling in SM4? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in SM4, open the average prices map and zoom from the SM4 shading down to the sold homes on your own street. Every recorded SM4 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working SM4: the featured spot on this report is free for founding agents, one per district. Claim SM4.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to SM4. Free after a one click sign in.
The live map plots every individual SM4 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.