5, Scholars Place
5, Scholars Place
Description & Estimates
Public records show 5, Scholars Place to be a modern leasehold apartment with 925 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
5, Scholars Place has an estimated sale value of £758,240 and an estimated rental value of £3,201 per month, assuming reasonable condition and based on the information available.
Scholars Place, London, N16 lies in the borough of Hackney, within the N16 postal district.
Our Data Sources
5, Scholars Place has 31 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 5, Scholars Place would be worth £796,152, with a potential rental value of £3,361 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £705,163, with a rental value of £2,977 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Scholars Place has dropped by £16,891 (2.2%) over the last year. During the same period, its estimated monthly rental value has risen by £196 (6.1%). The property's estimated gross yield is currently 5.1%.
Energy Efficiency
5, Scholars Place has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Oct 2020.
The property is not connected to mains gas and has full secondary glazing. It is heated using Room heaters, electric.
Sold Prices
5, Scholars Place last changed hands on 26th February 2021, selling for £759,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 8.1% since February 2021.
- Sold Feb 2021£759,500
- Sold Jan 2003£325,000
- Sold Mar 2001£185,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 300 metres of 5, Scholars Place across the last 2 years.
Most recently, 4, Scholars Place, London, N16 0RF, a leasehold flat, sold at £850,000 on the 4th February 2022.
Read more about house prices in N16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5, Scholars Place as the 15th largest and the 15th most expensive of the 34 addresses on Scholars Place, London, N16.
Against the N16 postcode district average, it is £84k more expensive than the typical property.
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Schools Nearby
- 400mWilliam Patten Primary School
- 400mBetty Layward Primary School
- 500mGrazebrook Primary School
- 400mStoke Newington School and Sixth Form
- 1.1kmThe Excelsior Academy
- 1.4kmLubavitch House School (Senior Girls)
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Public Transport Nearby
Stoke Newington station is the nearest stop to 5, Scholars Place at 700 metres away.
- 700mStoke Newington
- 800mRectory Road
- 1.3kmDalston Kingsland
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
