Terraced 2 sales on record

2 FURNESS ROAD

MORDEN, MERTON, GREATER LONDON, SM4 6PR

£550,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Hail & Ride Furness Road 0.1 miles
Train station St. Helier 0.3 miles
Shop Cleanerwash 0.3 miles
Hospital Queen Mary's Childrens' Hospital 0.7 miles
University Horton Halls Reception 3.3 miles

Property details

Tenure

Freehold

Property type

Terraced

Bedrooms

3

Bathrooms

1

Floor area

99 m²

EPC rating

C

Year built

England and Wales: 1930-1949

Last sold

£550,000 Jun 2026

Price per m²

£5,556/m²

Local average

£528,790 (58 sales)

Street crime

352 incidents within 1 mile (Aug 2026)

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 06/03/2026

Expiry date: 05/03/2036

Current heating cost: £680/year

Potential heating cost: £646/year

Est. upgrade cost to C: £16,500

Recommendations

  • Floor insulation (suspended floor) (£5,000 - £10,000)
  • Solar photovoltaic panels, 2.5 kWp (£8,000 - £10,000)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 23/06/2026 £550,000 Terraced +50.7% £550,533 to July 2026 View transaction
Sold 21/11/2019 £365,000 Terraced — £440,988 to July 2026 View transaction

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
1C PILGRIM CLOSE, MORDEN, MERTON, GREATER LONDON, SM4 6QA £670,000 18/12/2025 Terraced
50 MIDDLETON ROAD, MORDEN, MERTON, GREATER LONDON, SM4 6RT £400,000 12/12/2025 Terraced
39 MIDDLETON ROAD, MORDEN, MERTON, GREATER LONDON, SM4 6RU £490,000 28/11/2025 Terraced
5 DARLEY GARDENS, MORDEN, MERTON, GREATER LONDON, SM4 6QF £444,000 01/09/2025 Terraced
5 FAVERSHAM ROAD, MORDEN, MERTON, GREATER LONDON, SM4 6RE £460,000 13/12/2024 Terraced
27 DORCHESTER ROAD, MORDEN, MERTON, GREATER LONDON, SM4 6QE £435,000 18/12/2023 Terraced
156 CANTERBURY ROAD, MORDEN, MERTON, GREATER LONDON, SM4 6QT £469,000 03/11/2023 Terraced
49 MIDDLETON ROAD, MORDEN, MERTON, GREATER LONDON, SM4 6RU £560,000 17/10/2023 Terraced
47 FAVERSHAM ROAD, MORDEN, MERTON, GREATER LONDON, SM4 6RE £427,000 03/10/2023 Terraced
5 EVESHAM GREEN, MORDEN, MERTON, GREATER LONDON, SM4 6PW £450,000 17/08/2023 Terraced
53 FAVERSHAM ROAD, MORDEN, MERTON, GREATER LONDON, SM4 6RE £448,000 07/07/2023 Terraced
59 FURNESS ROAD, MORDEN, MERTON, GREATER LONDON, SM4 6PS £415,000 16/06/2023 Terraced
27 DORE GARDENS, MORDEN, MERTON, GREATER LONDON, SM4 6QD £461,000 01/06/2023 Terraced
6 EASBY CRESCENT, MORDEN, MERTON, GREATER LONDON, SM4 6SB £460,000 31/05/2023 Terraced
34 NEATH GARDENS, MORDEN, MERTON, GREATER LONDON, SM4 6JN £400,000 22/05/2023 Terraced
238 GREEN LANE, MORDEN, SUTTON, GREATER LONDON, SM4 6SL £545,000 12/05/2023 Terraced
246 GREEN LANE, MORDEN, SUTTON, GREATER LONDON, SM4 6SL £500,000 21/04/2023 Terraced
41 FAVERSHAM ROAD, MORDEN, MERTON, GREATER LONDON, SM4 6RE £467,500 17/03/2023 Terraced
257 CANTERBURY ROAD, MORDEN, SUTTON, GREATER LONDON, SM4 6QB £400,000 01/02/2023 Terraced
18 EVESHAM GREEN, MORDEN, MERTON, GREATER LONDON, SM4 6PW £390,000 02/12/2022 Terraced

Area average: £464,575 (20 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 9%
10y growth 23.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Merton. Series: Terraced. As of July 2026.

1y (index) 0.2%
5y (index) 13.1%
10y (index) 18.9%

Rental Range

Estimated market rent for Merton. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,955/mo
Realistic £2,172/mo
Optimistic £2,389/mo

Based on Local Authority from postcode lookup → Merton.

LHA (30th percentile) floor for Outer South London: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Terraced House, Queens Road, SM4 £2,350/mo 3 0.83 miles OpenRent

Average rent: £2,350/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.43%
Max investor price (0.8%) £293,750
Target investor price (1%) £235,000
Gross yield 5.1%
Cost-to-rent ratio 19.5×
Monthly cashflow £-76/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -0.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Plot: ~200 m² (0.05 acres)

Source: HM Land Registry INSPIRE Index Polygons.

Street-level crime

Category Count
Violence and sexual offences 153
Anti-social behaviour 80
Public order 26
Vehicle crime 25
Shoplifting 17
Other theft 14
Drugs 12
Burglary 10
Robbery 5
Theft from the person 3
Bicycle theft 2
Criminal damage and arson 2
Other crime 2
Possession of weapons 1
Total incidents 352

Within 1 mile during Aug 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Canterbury Campus and Lavender Campus Other 0.1 miles Good — 9 Jan 2013
Malmesbury Primary School Primary 0.3 miles Good — 3 Nov 2019
Abbotsbury Primary School Primary 0.4 miles Good — 11 Jul 2013
Abbey Primary School Primary 0.4 miles Good — 9 Jul 2014
St Teresa's Catholic Primary School Primary 0.5 miles Good — 27 Feb 2012

FENSA

Window and door installation certificates found for this address.

Issued Work completed Windows Doors
28/11/2016 28/10/2016 — 1