Flat 8, 1
Flat 8, 1
Description & Estimates
According to the public record, Flat 8, 1, Reed Place is a modern leasehold apartment with 839 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 8, 1, Reed Place is £577,222 and the estimated rental value is £2,960 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 8, 1, Reed Place has a single entry in the Land Registry from December 2019 and a single entry in the EPC database dated April 2017.
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 8, 1, Reed Place is in very good condition we estimate a sale value of £606,083 and a rental value of £3,108 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £536,816 and a rental value of £2,753 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 8, 1, Reed Place has decreased by £21,681 (3.8%), while its estimated rental value has grown by £175 per month (5.9%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Energy Efficiency
Flat 8, 1, Reed Place has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Apr 2017.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 8, 1, Reed Place was last sold on 16th December 2019 for £592,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2019, the market for similar properties has dropped by 1.6%.
- Sold Dec 2019£592,500
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 8, 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 8, 1, Reed Place is the 33rd largest and the 38th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in SW4.
More reading links
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 8, 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.
