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Reed Close

Reed Close

Last update: Sep 2024

Street Overview

of Reed Close

Reed Close, London, E16 is a residential street which is the 61st longest street in the E16 area.

It contains 7 houses and 3 unknown and the most common type of property is a mid-century house built between 1936 and 1979.

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Average property prices

in Reed Close, London, E16

The average house value is £435,667. Sales values have increased in the last 12 months by 2.4% and Rental values have increased by 5.8%.

Property sale values range from £302,286 for a freehold house, with 2 bedrooms split across 463 square feet of gross internal area and has a garden to £459,393 for a freehold house, with 3 bedrooms split across 990 square feet of gross internal area and has a garden.

Average £/ft2 for properties in Reed Close, London, E16 is £488/ft2.

Properties achieve a rental yield of between 6.1% and 6.7%, and rental values range from £1,692 to £2,342 per month.

Sale value change
12 months
2.4%
Rental value change
12 months
5.8%
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Recent sales

within Reed Close, London, E16

The last sale was 16 Oct 2015 for £400,000 and since then the market in the area has increased by 12.7%. The street has had a total of 4 sales since 1995.

Reed Close, London, E16 has seen no sales in the last three years and no sales in the last twelve months.

£400,000
Oct-2015
Sold
£245,000
Mar-2007
Sold
£183,000
Jan-2003
Sold
£149,950
Nov-2002
Sold
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Nearby Streets

to Reed Close, London, E16

Reed Close, London, E16 is the 61st largest and the 321st most expensive street in the E16 area.

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Postcodes

on Reed Close, London, E16

There is 1 postcode on Reed Close, London, E16.

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Property types

in Reed Close, London, E16

Reed Close, London, E16 is a residential street located in E16 containing 7 houses and 3 unknown.

The most common property type on Reed Close, London, E16 is a mid-century house built between 1936 and 1979.

mid-century house (7)
Unknown (3)
Energy Efficiency

Energy Efficiency

of properties within Reed Close, London, E16

The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.

A (0)
E (0)
B (0)
F (0)
C (3)
G (0)
D (4)
No EPC (3)
Schools nearby

Schools nearby

to Reed Close, London, E16

The nearest primary school to Reed Close, London, E16 is Keir Hardie Primary School which is 200 metres away and is rated Outstanding by Ofsted.
200 m
Keir Hardie Primary School
Outstanding
300 m
Hallsville Primary School
Outstanding
400 m
St Luke's Primary School
Good
The nearest secondary school is Eastlea Community School which is 1.1 kilometres away and is rated RequiresImprovement by Ofsted.
1.1 km
Eastlea Community School
Requires improvement
1.2 km
Royal Docks Academy
Good
1.3 km
Cumberland Community School
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to Reed Close, London, E16

The closest station to Reed Close, London, E16 is Royal Victoria station which is 700 metres away.

700 m
Royal Victoria
700 m
Custom House for ExCel
800 m
Custom House (Elizabeth line)
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