3, Lower Terrace
3, Lower Terrace
Description & Estimates
According to the public record, 3, Lower Terrace is a period freehold house with 1,603 ft2 of internal area and sits on a 130 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Lower Terrace is £2,919,785 and the estimated rental value is £7,881 per month.
Lower Terrace, London, NW3 is located in the borough of Camden within the NW3 postal district.
Our Data Sources
3, Lower Terrace has 31 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 3, Lower Terrace is in very good condition we estimate a sale value of £3,065,774 and a rental value of £8,275 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,715,400 and a rental value of £7,330 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Lower Terrace has fallen by £59,704 (2.0%), while its estimated rental value has moved up by £412 per month (5.2%). Based on current estimates, the property offers a gross rental yield of 3.2%.
Plot Size
According to data from HM Land Registry, 3, Lower Terrace sits on a plot of 130 m2.
We have plot size data on 4 out of 4 other houses in the postcode and 3, Lower Terrace sits on the 4th largest plot.
Energy Efficiency
3, Lower Terrace has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Mar 2018.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 3, Lower Terrace was last sold on 3rd May 2022 for £3,000,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2022, the market for similar properties has dropped by 21.8%.
- Sold May 2022£3,000,000
- Sold Sep 2002£1,250,000
- Sold Jan 1996£585,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Lower Terrace within a radius of 500 metres over the last 2 years.
The most recent example is 6, Mount Vernon, London, NW3 6QS, a freehold house which sold for £2,000,000 on the 30th August 2024.
Read more about house prices in NW3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lower Terrace, London, NW3 has a total of 19 addresses. According to our analysis of all the public data, 3, Lower Terrace is the 15th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £1.595m more expensive than the average property in NW3.
More reading links
Schools Nearby
- 400mChrist Church Primary School, Hampstead
- 400mNew End Primary School
- 400mHampstead Parochial Church of England Primary School
- 1.8kmHampstead School
- 2.1kmWilliam Ellis School
- 2.1kmThe UCL Academy
More reading links
Public Transport Nearby
The closest station to 3, Lower Terrace is Hampstead station, which is 400 metres away.
- 400mHampstead
- 1.0kmFinchley Road & Frognal
- 1.2kmHampstead Heath
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
