2 Reedmace Close, Waterlooville, PO7 8HH is a leasehold flat built between 1976-1982. The property offers approximately 258 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £84,444 , which equates to approximately £327 per square foot. It was last sold on 24 Jan 2014 for £60,500. Since then, the value has increased by £23,944, representing a 39.6% increase, or approximately 3.3% per year.

The current estimated value of £84,444 is:

  • 52.1% lower than the average property price on Reedmace Close
  • 49.5% lower than the average in the PO7 8HH postcode area
  • and 78.0% lower than the average price for Waterlooville as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 10 September 2024, the property was recorded as rented.

View sold house prices in PO7 8HH

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
258 sq ft
Tenure
Leasehold
Price (estimate)
£84,444
Price Per sq ft (estimate)
£327
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Reedmace Close, Waterlooville, Havant, Hampshire, PO7 8HH has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 10 Sep 2024.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Sep 2013, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 32.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to poor, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO7 8HH

17 th / 22
Price Rank
50% lower than average
12 th / 22
Size Rank
43% smaller than average
15 th / 22
Price Per Sq FT Rank
11% lower than average

Compared to other properties in PO7 8HH , this flat's estimated value ranks 17th out of 22. Based on price per square foot, it ranks 15th out of 22 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 12th out of 22 properties in its postcode area.

Sale History

Today
£84,444
streetscan.co.uk estimate
+40 %
24 Jan 2014
£60,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 258 sq ft
sale price: £74,000
sale date: 1 Nov 2024
rooms: 1
size: 258 sq ft
sale price: £70,000
sale date: 24 Jun 2021
rooms: 2
size: 258 sq ft
sale price: £77,000
sale date: 10 Nov 2017
rooms: 1
size: 258 sq ft
sale price: £73,500
sale date: 3 Oct 2016
rooms: 1
size: 258 sq ft
sale price: £63,000
sale date: 31 Mar 2016

Data Sources

The property at 2 Reedmace Close, Waterlooville, Havant, Hampshire, PO7 8HH appears once in the Land Registry records, with the transaction recorded on 24 Jan 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Sep 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.