Reed Close - SE12 8UD
Key Street Insights
Reed Close is a residential street with 20 addresses.
It ranks as the 44th largest and 72nd 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: 15 houses and 5 other properties.
- Ave. Sale Price
- £453,049
- 10 Year change
- up 15.4%
- Ave. Rental Price
- £2,086pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £632/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 72nd 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: 15 houses and 5 other properties.
- Ave. Sale Price
- £453,049
- 10 Year change
- up 15.4%
- Ave. Rental Price
- £2,086pcm
- 10 Year change
- up 56.2%
- Ave. £ per ft²
- £632/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Properties on 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 2.3%.
The current average value in the street is £453,049.
The Reed Close Sales Market has increased by 15.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -0.2% | £453,049 |
| July 2025 | 3.1% | £453,950 |
| July 2024 | -1.4% | £440,471 |
| July 2023 | -1.2% | £446,924 |
| July 2022 | 7.9% | £452,191 |
| July 2021 | 4.3% | £419,238 |
| July 2020 | 3.8% | £402,114 |
| July 2019 | 0% | £387,431 |
| July 2018 | -1.7% | £387,529 |
| July 2017 | 0.4% | £394,091 |
| July 2016 | 12.3% | £392,494 |
| July 2015 | 11.8% | £349,505 |
| July 2014 | 28% | £312,739 |
| July 2013 | 7% | £244,328 |
| July 2012 | 4% | £228,244 |
| July 2011 | 1.1% | £219,456 |
| July 2010 | 11.1% | £217,107 |
| July 2009 | -10.5% | £195,334 |
| July 2008 | -2.5% | £218,272 |
| July 2007 | 0% | £223,872 |
Rental Market Trends
The current average rental value in the street is £2,086.
The Reed Close Rental Market has increased by 56.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 5.4% | £2,086pcm |
| July 2025 | 4.3% | £1,978pcm |
| July 2024 | 2.9% | £1,897pcm |
| July 2023 | 14.3% | £1,844pcm |
| July 2022 | 13.5% | £1,614pcm |
| July 2021 | 1.3% | £1,422pcm |
| July 2020 | 4.5% | £1,403pcm |
| July 2019 | 1.4% | £1,343pcm |
| July 2018 | -0.3% | £1,324pcm |
| July 2017 | -0.6% | £1,328pcm |
| July 2016 | 3.8% | £1,336pcm |
| July 2015 | 7.6% | £1,287pcm |
| July 2014 | 8.9% | £1,197pcm |
| July 2013 | 3.6% | £1,099pcm |
| July 2012 | 9% | £1,060pcm |
| July 2011 | 6% | £973pcm |
| July 2010 | 7.5% | £918pcm |
| July 2009 | -7.8% | £854pcm |
| July 2008 | 5.5% | £926pcm |
| July 2007 | 0% | £877pcm |
Sales History
The last recorded sale was on 29th September 2023 for £450,000 and since then the market in the area has increased by 2.3%.
Reed Close, London, SE12 has had 3 sales since 1995, with 2 in the last three years and none 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
Top 3 Most Expensive Sales
- 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 Sep 2023£450,000 | 3 Bed House3, Reed Close, London, SE12 8UD3, Reed Close, London, SE12 8UD
Nearby Streets
Reed Close, London, SE12 is the 44th largest and the 72nd 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 have been 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
