3 Reed Close

    3, REED CLOSE, LONDON, SE12 8UD

    This terraced freehold property on Reed Close last sold in September 2023 for £450,000. Based on price growth in the SE12 district since then, its estimated current value is £480,057 — placing it in the 77th percentile nationally and the 50th percentile within SE12. The property covers 79 m² (850 sq ft), giving an estimated value of £6,077 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £450,000

    Sept 2023

    Estimated Valuation

    £480,057

    Est. £/sq ft

    £565/sq ft

    £6,077/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateMay 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Sept 2023

    £450,000

    2 Nov 2012

    £250,000

    21 Jan 2011

    £246,000

    Key Metrics

    Estimated valuation£480,057
    Value per sq ft / m²£565/sq ft (£6,077/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SE12 district percentile50th percentile
    National percentile77th percentile

    District Context — SE12

    SE12 covers Eltham, Mottingham and surrounding areas in south-east London, sitting on the capital's outer edge. It is a well-established residential district with strong family appeal, characterised by period properties and good transport links.

    Average Property Price - SE12

    £512,119

    82

    National percentile

    Average Net Household Income - SE12

    £52,463

    93

    National percentile

    10-Year Annualised Price Growth - SE12

    2.9%

    27

    National percentile

    10-Year Annualised Rent Growth - SE

    3.6%

    31

    National percentile

    View full analysis for SE12

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