Flat 29, 1
Flat 29, 1
Description & Estimates
According to the public record, Flat 29, 1, Reed Place is a modern leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 29, 1, Reed Place is £551,135 and the estimated rental value is £2,758 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 29, 1, Reed Place has 21 entries in the Land Registry , most recently in August 2017 and a single entry in the EPC database dated June 2014.
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 29, 1, Reed Place is in very good condition we estimate a sale value of £578,692 and a rental value of £2,896 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £512,556 and a rental value of £2,565 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 29, 1, Reed Place has decreased by £11,770 (2.1%), while its estimated rental value has grown by £190 per month (6.9%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
Flat 29, 1, Reed Place has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jun 2014.
The property is not connected to mains gas and has full secondary glazing. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 29, 1, Reed Place was last sold on 25th August 2017 for £609,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2017, the market for similar properties has dropped by 15.4%.
- Sold Aug 2017£609,950
- Sold Apr 2005£281,000
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 29, 1, Reed Place within a radius of 260 metres over the last 2 years.
The most recent example is Flat 7, 1, Reed Place, London, SW4 7LD, a leasehold flat which sold for £663,000 on the 15th November 2022.
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 29, 1, Reed Place is the 37th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £164k 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 29, 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.
