7, Reed Place
7, Reed Place
Description & Estimates
7, Reed Place is recorded publicly as a modern leasehold house across 900 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Reed Place is £776,386 and its rental estimate is £3,943 per month, given the available information and assuming reasonable condition.
Reed Place, London, SW4 falls within the SW4 postal district, in the borough of Lambeth.
Our Data Sources
7, Reed Place has 31 entries in the Land Registry , most recently in August 2016 and a single entry in the EPC database dated March 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 7, Reed Place, we estimate a market value of £815,206 and a rental value of £4,140 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £722,039 and £3,667 per month respectively.
Recent Market Change
Over the last year, 7, Reed Place has seen its estimated sale value move down by £13,555 (1.7%) and its estimated rental value increase by £314 per month (8.0%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
7, Reed Place has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Mar 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Reed Place completed on 15th August 2016 at £734,500 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 23.3% over the period since August 2016.
- Sold Aug 2016£734,500
- Sold Sep 2010£575,000
- Sold May 2005£390,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 7, Reed Place have sold within a radius of 250 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2022, was 24, Tremadoc Road, London, SW4 7LL, a freehold house which sold for £1,040,000.
Read more about house prices in SW4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 48 addresses on Reed Place, London, SW4, 7, Reed Place comes out as the 30th largest and the 8th most expensive in our analysis of the public data.
It is also £61k more expensive than the average property across the SW4 district.
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Schools Nearby
- 500mClapham Manor Primary School
- 500mSt Mary's Roman Catholic Primary School
- 700mIqra Primary School
- 800mThe Elms Academy
- 1.0kmHarris Academy Clapham
- 1.0kmTrinity Academy
More reading links
Public Transport Nearby
From 7, Reed Place, the nearest station is Clapham High Street, 400 metres away.
- 400mClapham High Street
- 400mClapham North
- 500mClapham Common
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.
