Flat 17, 1 Reed Place, London, SW4 7LD is a leasehold flat built between 2003-2006. The property offers approximately 1,238 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £730,519 , which equates to approximately £590 per square foot. It was last sold on 5 Feb 2021 for £750,000. Since then, the value has decreased by £19,481, representing a 2.6% decrease, or approximately 0.5% per year.

The current estimated value of £730,519 is:

  • 2.6% lower than the average property price on Reed Place
  • 6.0% higher than the average in the SW4 7LD postcode area
  • and 16.5% lower than the average price for London as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (2 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 10 October 2020, the property was recorded as rented.

View sold house prices in SW4 7LD

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
1238 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£730,519
Price Per sq ft (estimate)
£590
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 17, 1 Reed Place, London, Lambeth, Greater London, SW4 7LD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 10 Oct 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have full secondary glazing.

The previous EPC assessment was conducted on 4 Sep 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 9.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The windows were upgraded from partial double glazing to full secondary glazing.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SW4 7LD

7 th / 36
Price Rank
6% higher than average
3 rd / 32
Size Rank
40% bigger than average
26 th / 32
Price Per Sq FT Rank
24% lower than average

Compared to other properties in SW4 7LD , this flat's estimated value ranks 7th out of 36. Based on price per square foot, it ranks 26th out of 32 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 3rd out of 32 properties in its postcode area.

Sale History

Today
£730,519
streetscan.co.uk estimate
-3 %
5 Feb 2021
£750,000
Leasehold
+3.8 %
5 May 2017
£722,500
Leasehold
+25.7 %
26 Jul 2012
£575,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1098 sq ft
sale price: £665,000
sale date: 29 Aug 2017
rooms: 4
size: 1270 sq ft
sale price: £410,000
sale date: 28 Mar 2006
rooms: 3
size: 1163 sq ft
sale price: £900,000
sale date: 30 Sep 2021

Data Sources

The property at Flat 17, 1 Reed Place, London, SW4 7LD appears three times in the Land Registry records, with the latest transaction recorded on 5 Feb 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Oct 2020. 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.