According to the public record, 2, Reed Place, London is a modern leasehold house with 710 ft2 of internal area and sits on a 4,164 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Reed Place, London, SW4 is located in the borough of Lambeth within the SW4 postal district.
2, Reed Place, London has 31 entries in the Land Registry database, most recently in February 2019 and a single entry in the EPC database dated January 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Reed Place London as £716,160 and the rental value as £3,446 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 2 Reed Place London has increased by £26,650 (3.7%) and its rental value has increased by £163 per month (4.7%).
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 2, Reed Place, London is in very good condition we estimate a sale value of £751,968 and rental value of £3,619 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £666,029 and a rental value of £3,205 per month.
If you were able to purchase this property for the estimated value of £716,160, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,520 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2, Reed Place, London sits on a plot of 4164m2.
We have plot size data on 6 out of 6 other houses in the postcode and 2, Reed Place, London sits on the largest plot.
According to HM Land Registry, 2, Reed Place, London was last sold on 28 Feb 2019 for £620,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Feb 2019, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 260 metres radius of 2, Reed Place, London over the last 2 years.
The most recent example is 56, St. Luke's Avenue, London, SW4 7LQ, a Leasehold flat which sold for £650,000 in Oct 2022.
Read more about house prices in SW4.
Reed Place, London, SW4 has a total of 48 addresses. According to our analysis of all the public data, 2, Reed Place, London is the 43rd largest and the 16th most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in SW4.
2, Reed Place, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jan 2014.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Reed Place, London is Clapham High Street station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Reed Place, London, 45.9% of property is privately rented and 29.7% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Reed Place, London, 17.1% of residents are recorded as possessing school level qualifications and 66.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Reed Place, London, the average age was 36 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Reed Place, London, 1.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Reed Place, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.