Reed Close - SE12 8UD
Key Street Insights
Reed Close is a residential street with 20 addresses.
It ranks as the 44th largest and 73rd most expensive of the 170 streets in the SE12 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 20 properties: 20 houses.
- Ave. Sale Price
- £455,391
- 10 Year change
- up 14.2%
- Ave. Rental Price
- £2,095pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £641/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Street Insights
Reed Close is a residential street with 20 addresses.
It ranks as the 44th largest and 73rd most expensive of the 170 streets in the SE12 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 20 properties: 20 houses.
- Ave. Sale Price
- £455,391
- 10 Year change
- up 14.2%
- Ave. Rental Price
- £2,095pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £641/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertieson Reed Close, London, SE12
- 1 Reed Close
House
- 2 Reed Close
3 Bed Mid-century House
- 3 Reed Close
3 Bed Mid-century House
- 4 Reed Close
House
- 5 Reed Close
3 Bed Mid-century House
Sales Market Trends
The last sale on Reed Close sold for £450,000 on 29th September 2023. Since then prices are up an average of 2.0%.
The current average value in the street is £455,391.
The Reed Close Sales Market has increased by 14.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £455,391 |
| June 2025 | 2.8% | £456,246 |
| June 2024 | -2.2% | £443,849 |
| June 2023 | -0.2% | £453,602 |
| June 2022 | 7.5% | £454,586 |
| June 2021 | 3.6% | £422,692 |
| June 2020 | 3.5% | £408,189 |
| June 2019 | -0.4% | £394,506 |
| June 2018 | -1.4% | £395,899 |
| June 2017 | 0.7% | £401,502 |
| June 2016 | 12.7% | £398,649 |
| June 2015 | 12.2% | £353,588 |
| June 2014 | 27% | £315,084 |
| June 2013 | 6.7% | £248,195 |
| June 2012 | 3.9% | £232,612 |
| June 2011 | 1.1% | £223,834 |
| June 2010 | 12.3% | £221,305 |
| June 2009 | -12.3% | £197,125 |
| June 2008 | 0% | £224,799 |
| June 2007 | 0% | £224,804 |
Rental Market Trends
The current average rental value in the street is £2,095.
The Reed Close Rental Market has increased by 54.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6.1% | £2,095pcm |
| June 2025 | 3.7% | £1,975pcm |
| June 2024 | 3.8% | £1,904pcm |
| June 2023 | 14.3% | £1,835pcm |
| June 2022 | 12.6% | £1,605pcm |
| June 2021 | 0.9% | £1,426pcm |
| June 2020 | 4.1% | £1,413pcm |
| June 2019 | 1.3% | £1,358pcm |
| June 2018 | -0.5% | £1,340pcm |
| June 2017 | -0.8% | £1,346pcm |
| June 2016 | 3.8% | £1,357pcm |
| June 2015 | 8.1% | £1,308pcm |
| June 2014 | 8.2% | £1,210pcm |
| June 2013 | 4.4% | £1,118pcm |
| June 2012 | 8.8% | £1,071pcm |
| June 2011 | 5.7% | £984pcm |
| June 2010 | 7.6% | £931pcm |
| June 2009 | -7.8% | £865pcm |
| June 2008 | 6.8% | £939pcm |
| June 2007 | 0% | £879pcm |
Sales History
The last sale was on 29th September 2023 for £450,000 and since then the market in the area has increased by 2.0%. The street has had a total of 26 sales since 1995.
Reed Close, London, SE12 has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Sep 2023£450,000 | 3 Bed House3, Reed Close, London, SE12 8UD3, Reed Close, London, SE12 8UD
- Sold Apr 2023£577,000 | 3 Bed House15, Reed Close, London, SE12 8UD15, Reed Close, London, SE12 8UD
- Sold Oct 2022£465,000 | 3 Bed House7, Reed Close, London, SE12 8UD7, Reed Close, London, SE12 8UD
- Sold Jul 2022£440,000 | 3 Bed House19, Reed Close, London, SE12 8UD19, Reed Close, London, SE12 8UD
- Sold Jan 2022£375,000 | 3 Bed House9, Reed Close, London, SE12 8UD9, Reed Close, London, SE12 8UD
Top 3 Most Expensive Sales
Nearby Streets
Reed Close, London, SE12 is the 44th largest and the 73rd most expensive street in the SE12 area.
- Eltham Road, London, SE12407 Addresses|61 m away
- Woodville Close, London, SE1254 Addresses|95 m away
- Cambridge Drive, London, SE12113 Addresses|139 m away
- Lilian Barker Close, London, SE1214 Addresses|185 m away
- Ravens Way, London, SE12189 Addresses|189 m away
- Millbank Way, London, SE1234 Addresses|202 m away
Property Types
- 1 modern house built after 1980
- 14 mid-century houses built between 1936 and 1979
- 5 other addresses of unknown type
- modern house (1)
- mid-century house (14)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (11)
- No EPC (5)
Schools Nearby
- Brindishe Lee School600 m away
- Wingfield Primary School800 m away
- St Winifred's RC Primary School900 m away
- Thomas Tallis School1.3 km away
- Harris Academy Greenwich1.5 km away
- Eltham Hill School2.0 km away
More reading links
Public Transport Nearby
The closest station to Reed Close, London, SE12 - SE12 8UD is Lee (London) station, which is 600 metres away.
- Lee (London)|600 m away
- Kidbrooke|1.2 km away
- Hither Green|1.3 km away
