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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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3, Reed Place, West Byfleet is recorded publicly as a modern freehold house across 1,237 ft2 of internal area, sitting on a 931 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Reed Place, West Byfleet is £889,987 and its rental estimate is £3,239 per month, given the available information and assuming reasonable condition.
Reed Place, West Byfleet, KT14 falls within the KT14 postal district, in the borough of Woking.
3, Reed Place, West Byfleet has 31 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated February 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3, Reed Place, West Byfleet, we estimate a market value of £934,487 and a rental value of £3,401 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £827,688 and £3,013 per month respectively.
Over the last year, 3, Reed Place, West Byfleet has seen its estimated sale value decrease by £20,088 (2.3%) and its estimated rental value grow by £123 per month (3.8%). This results in an estimated gross rental yield of 4.4%.
HM Land Registry records the plot of land for 3, Reed Place, West Byfleet as measuring 931 m2.
That makes it the 3rd largest plot in the postcode, where 9 of the 10 other houses have recorded plot data.
3, Reed Place, West Byfleet has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Feb 2014.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 3, Reed Place, West Byfleet completed on 27th April 2018 at £1,070,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 11.4% over the period since April 2018.
Over the past 2 years 3 properties similar to 3, Reed Place, West Byfleet have sold within a radius of 780 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th September 2023, was Far End, Old Avenue, West Byfleet, KT14 6AE, a freehold house which sold for £955,000.
Read more about house prices in KT14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 10 addresses on Reed Place, West Byfleet, KT14, 3, Reed Place, West Byfleet comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £324k more expensive than the average property across the KT14 district.
From 3, Reed Place, West Byfleet, the nearest station is West Byfleet, 1.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Reed Place, West Byfleet, 49.3% of property is privately owned outright and 36.2% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Reed Place, West Byfleet, 12.7% of residents are recorded as possessing school level qualifications and 54.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Reed Place, West Byfleet, the average age was 44.2 and the most common age was 47.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Reed Place, West Byfleet, 4.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Reed Place, West Byfleet, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
