40, Reed Close, BL4 7EF
40 Reed Close is a 50 m² / 538 sq ft flat in Farnworth. It sold for £106,000 in February 2026. Indexed forward to today's value, that sale is roughly £106k. Recent local prices imply a broad valuation context of £75k to £122k based on its internal area. The Land Registry and EPC data was last updated 1 June 2026.
- Sale history
-
Date Paid price Annual growth After inflation Feb 2026 £106,000 0.1% -2.7% Dec 2007 £105,000 na na - Internal area
- 50 square metres (538 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £2,120 per square metre (£197 per square foot) in Feb 2026. Indexed forward to today's value, this is roughly £2,120 per square metre (£197 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Feb 2026 £106,000 £2,120 £106,000 £2,120 Dec 2007 £105,000 £2,100 £121,196 £2,424 Calculated using the latest EPC internal area of 50 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £106,000. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Farnworth are now selling for between £1,500 and £2,440 per square metre (£139 and £226 per square foot). Based on an internal area of 50 m², this implies a valuation between £75,000 and £122,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 2
- Type
- Flat
- Council tax band
- A
- Summary:
- 23 January 2024 - energy performance certificate grade C
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- marketed sale
- Tenure:
- Owner-occupied
- Property type:
- 3rd floor flat on the top floor in an apartment block with 1 storeys , has 3 habitable rooms. Estimated year built 2003 to 2006
- Area:
- 50 sqm (538 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, insulated (assumed). Roof: Pitched, insulated (assumed). Heating: Boiler and radiators, mains gas.
40 Reed Close is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.
- HouseMetric estimates the most recent sale price indexed forward to today's value is £106,000.
- Based on an internal area of 50 m² and recent prices in Farnworth, this implies a lower and upper quartile range from £75,000 to £122,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.