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According to the public record, 2, Reed Close is a mid-century house with 925 ft2 of internal area and sits on a 109 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Reed Close is £425,716 and the estimated rental value is £2,257 per month.
Reed Close, London, E16 is located in the borough of Newham within the E16 postal district.
2, Reed Close has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Reed Close is in very good condition we estimate a sale value of £447,002 and a rental value of £2,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £395,916 and a rental value of £2,099 per month.
Over the last 12 months the sale value of 2 Reed Close has decreased by an estimated £14,725 (3.5%) and its rental value has increased by an estimated £107 per month (4.8%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 2, Reed Close sits on a plot of 109m2.
We have plot size data on 4 out of 10 other houses in the postcode and 2, Reed Close sits on the 4th largest plot.
2, Reed Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Reed Close was last sold on 27th January 2003 for £183,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Reed Close within a radius of 310 metres over the last 2 years.
The most recent example is 16, Edwin Street, London, E16 1QA, a freehold house which sold for £455,000 on the 14th March 2025.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reed Close, London, E16 has a total of 10 addresses. According to our analysis of all the public data, 2, Reed Close is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in E16.
The nearest school is Keir Hardie Primary School which is 182 metres away. The nearest train station is Royal Victoria which is 700 metres away.
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