Flat 35, 1
Flat 35, 1
Description & Estimates
The public record describes Flat 35, 1, Reed Place as a modern apartment with 764 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 35, 1, Reed Place has an estimated sale value of £536,787 and an estimated rental value of £2,701 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Reed Place, London, SW4.
Reed Place, London, SW4 lies in the borough of Lambeth, within the SW4 postal district.
Our Data Sources
Flat 35, 1, Reed Place has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2019.
We combine this information with public data 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
In very good condition, we estimate Flat 35, 1, Reed Place would be worth £563,627, with a potential rental value of £2,836 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £499,212, with a rental value of £2,512 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 35, 1, Reed Place has dropped by £11,463 (2.1%) over the last year. During the same period, its estimated monthly rental value has risen by £186 (6.9%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
Flat 35, 1, Reed Place has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Jan 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 35, 1, Reed Place last changed hands on 3rd May 2006, selling for £310,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold May 2006£310,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 260 metres of Flat 35, 1, Reed Place across the last 2 years.
Most recently, Flat 7, 1, Reed Place, London, SW4 7LD, a leasehold flat, sold at £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
Our analysis of the public data ranks Flat 35, 1, Reed Place as the 39th largest and the 43rd most expensive of the 48 addresses on Reed Place, London, SW4.
Against the SW4 postcode district average, it is £179k less expensive than the typical property.
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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
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Public Transport Nearby
Clapham High Street station is the nearest stop to Flat 35, 1, Reed Place at 400 metres away.
- 400mClapham High Street
- 400mClapham North
- 500mClapham Common
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
