According to the public record, 36 Reid House, London is a mid-century leasehold apartment with 301 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Reid House, Hyndewood, London, SE23.
Hyndewood, London, SE23 is located in the borough of Lewisham within the SE23 postal district.
36 Reid House, London has 31 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated June 2012.
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 36 Reid House London as £192,974 and the rental value as £978 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 36 Reid House London has increased by £4,995 (2.6%) and its rental value has increased by £57 per month (5.8%).
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 36 Reid House, London is in very good condition we estimate a sale value of £202,623 and rental value of £1,027 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,466 and a rental value of £909 per month.
If you were able to purchase this property for the estimated value of £192,974, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £948 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 HM Land Registry, 36 Reid House, London was last sold on 14 Sep 2020 for £220,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2020, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36 Reid House, London within a radius of 410 metres over the last 2 years.
The most recent example is 52 Reid House, Hyndewood, London, SE23 2BJ, a Leasehold flat which sold for £173,000 in Feb 2023.
Read more about house prices in SE23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hyndewood, London, SE23 has a total of 59 addresses. According to our analysis of all the public data, 36 Reid House, London is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £359k less expensive than the average property in SE23.
36 Reid House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jun 2012.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 36 Reid House, London is Forest Hill station which is 700 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 36 Reid House, London, 40.0% of property is socially rented and 26.9% is privately 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 36 Reid House, London, 30.7% of residents are recorded as possessing school level qualifications and 42.5% 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 36 Reid House, London, the average age was 36.9 and the most common age was 37.
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 36 Reid House, London, 0.0% 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 36 Reid House, 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.