Flat 12, 1
Flat 12, 1
Description & Estimates
Flat 12, 1, Reed Place appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 888 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 12, 1, Reed Place is £597,504 and its rental estimate is £3,038 per month, given the available information and assuming reasonable condition.
1, Reed Place is a residential building on Reed Place, London, SW4 and falls within the SW4 postal district and the London Borough of Lambeth.
Our Data Sources
Flat 12, 1, Reed Place has 21 entries in the Land Registry , most recently in October 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 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 Flat 12, 1, Reed Place, we estimate a market value of £627,379 and a rental value of £3,190 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £555,678 and £2,825 per month respectively.
Recent Market Change
Over the last year, Flat 12, 1, Reed Place has seen its estimated sale value fall by £22,443 (3.8%) and its estimated rental value move up by £179 per month (5.9%). This results in an estimated gross rental yield of 6.1%.
Sold Prices
The most recent sale of Flat 12, 1, Reed Place completed on 12th October 2011 at £445,000 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 44.3% over the period since October 2011.
- Sold Oct 2011£445,000
- Sold Jul 2005£290,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 12, 1, Reed Place have sold within a radius of 260 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th February 2024, was Flat 4, 1, Reed Place, London, SW4 7LD, a leasehold flat which sold for £625,000.
Read more about house prices in SW4.
- Sold Feb 2024£625,000 | 3 Bed FlatFlat 4, 1, Reed Place, London, SW4 7LDFlat 4, 1, Reed Place, London, SW4 7LD
- Sold Apr 2023£728,000 | 3 Bed FlatFlat 9, 1, Reed Place, London, SW4 7LDFlat 9, 1, Reed Place, London, SW4 7LD
- Sold Nov 2022£663,000 | 3 Bed FlatFlat 7, 1, Reed Place, London, SW4 7LDFlat 7, 1, Reed Place, London, SW4 7LD
•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, Flat 12, 1, Reed Place comes out as the 31st largest and the 36th most expensive in our analysis of the public data.
It is also £118k less expensive than the average property across the SW4 district.
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Schools Nearby
- 600mClapham Manor Primary School
- 600mSt Mary's Roman Catholic Primary School
- 700mIqra Primary School
- 900mThe Elms Academy
- 1.0kmHarris Academy Clapham
- 1.0kmTrinity Academy
More reading links
Public Transport Nearby
From Flat 12, 1, 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.
