7, Scholars Place
7, Scholars Place
Description & Estimates
According to the public record, 7, Scholars Place is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 886 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Scholars Place is £735,609 and the estimated rental value is £3,117 per month.
Scholars Place, London, N16 is located in the borough of Hackney within the N16 postal district.
Our Data Sources
7, Scholars Place has 41 entries in the Land Registry , most recently in April 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 7, Scholars Place is in very good condition we estimate a sale value of £772,390 and a rental value of £3,273 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £684,117 and a rental value of £2,899 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Scholars Place has moved down by £16,387 (2.2%), while its estimated rental value has increased by £191 per month (6.1%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Sold Prices
According to HM Land Registry, 7, Scholars Place was last sold on 9th April 2021 for £740,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since April 2021, the market for similar properties has dropped by 8.5%.
- Sold Apr 2021£740,000
- Sold Dec 2012£605,000
- Sold Aug 2005£335,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Scholars Place within a radius of 300 metres over the last 2 years.
The most recent example is 4, Scholars Place, London, N16 0RF, a leasehold flat which sold for £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
Scholars Place, London, N16 has a total of 34 addresses. According to our analysis of all the public data, 7, Scholars Place is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in N16.
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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
The closest station to 7, Scholars Place is Stoke Newington station, which is 700 metres away.
- 700mStoke Newington
- 800mRectory Road
- 1.3kmDalston Kingsland
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
