5, Reed Road
5, Reed Road
Description & Estimates
5, Reed Road is recorded publicly as a mid-century leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 5, Reed Road is £241,319 and its rental estimate is £1,618 per month, given the available information and assuming reasonable condition.
Reed Road, London, N17 falls within the N17 postal district, in the borough of Haringey.
Our Data Sources
5, Reed Road has 2 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated June 2021.
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.
Price Range & Condition
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 5, Reed Road, we estimate a market value of £253,385 and a rental value of £1,699 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,427 and £1,504 per month respectively.
Recent Market Change
Over the last year, 5, Reed Road has seen its estimated sale value drop by £196 (0.1%) and its estimated rental value rise by £70 per month (4.3%). This results in an estimated gross rental yield of 8.0%.
Energy Efficiency
5, Reed Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Reed Road completed on 3rd December 2021 at £179,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 1.8% over the period since December 2021.
- Sold Dec 2021£179,000
- Sold Oct 2007£170,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Reed Road have sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th March 2021, was 27, Reed Road, London, N17 9BU, a leasehold flat which sold for £270,000.
Read more about house prices in N17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 113 addresses on Reed Road, London, N17, 5, Reed Road comes out as the 95th largest and the 95th most expensive in our analysis of the public data.
It is also £157k less expensive than the average property across the N17 district.
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Schools Nearby
- 300mBruce Grove Primary School
- 400mThe Mulberry Primary School
- 400mHoly Trinity CofE Primary School
- 1.3kmDuke's Aldridge
- 1.5kmGladesmore Community School
- 1.7kmPark View School
More reading links
Public Transport Nearby
From 5, Reed Road, the nearest station is Bruce Grove, 100 metres away.
- 100mBruce Grove
- 700mTottenham Hale
- 1.3kmSeven Sisters
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
