Flat 22, 1
Flat 22, 1
Description & Estimates
According to the public record, Flat 22, 1, Reed Place is a modern leasehold apartment with 936 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 22, 1, Reed Place is £619,087 and the estimated rental value is £3,121 per month.
The apartment is within 1, Reed Place, London, SW4.
Reed Place, London, SW4 is located in the borough of Lambeth within the SW4 postal district.
Our Data Sources
Flat 22, 1, Reed Place has 41 entries in the Land Registry , most recently in December 2019 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 Flat 22, 1, Reed Place is in very good condition we estimate a sale value of £650,042 and a rental value of £3,277 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £575,751 and a rental value of £2,902 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 22, 1, Reed Place has moved down by £23,254 (3.8%), while its estimated rental value has increased by £184 per month (5.9%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
Flat 22, 1, Reed Place has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Sep 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric underfloor heating.
Sold Prices
According to HM Land Registry, Flat 22, 1, Reed Place was last sold on 2nd December 2019 for £690,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since December 2019, the market for similar properties has dropped by 1.6%.
- Sold Dec 2019£690,000
- Sold Jul 2013£647,500
- Sold Mar 2007£410,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, 1, Reed Place within a radius of 260 metres over the last 2 years.
The most recent example is Flat 4, 1, Reed Place, London, SW4 7LD, a leasehold flat which sold for £625,000 on the 7th February 2024.
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
Reed Place, London, SW4 has a total of 48 addresses. According to our analysis of all the public data, Flat 22, 1, Reed Place is the 25th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in SW4.
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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
The closest station to Flat 22, 1, Reed Place is Clapham High Street station, which is 400 metres away.
- 400mClapham High Street
- 400mClapham North
- 500mClapham Common
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
