Flat 1, Summit Lodge 9
Flat 1, Summit Lodge 9
Description & Estimates
According to the public record, Flat 1, Summit Lodge 9 is a modern leasehold apartment with 2,389 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, Summit Lodge 9 is £3,246,324 and the estimated rental value is £9,254 per month.
The apartment is within Summit Lodge, Lower Terrace, London, NW3.
Lower Terrace, London, NW3 is located in the borough of Camden within the NW3 postal district.
Our Data Sources
Flat 1, Summit Lodge 9 has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Flat 1, Summit Lodge 9 is in very good condition we estimate a sale value of £3,408,640 and a rental value of £9,716 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,019,081 and a rental value of £8,606 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, Summit Lodge 9 has dropped by £64,887 (2.0%), while its estimated rental value has risen by £473 per month (5.1%). Based on current estimates, the property offers a gross rental yield of 3.4%.
Energy Efficiency
Flat 1, Summit Lodge 9 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 1, Summit Lodge 9 was last sold on 10th July 2019 for £4,200,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2019, the market for similar properties has dropped by 56.4%.
- Sold Jul 2019£4,200,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Summit Lodge 9 within a radius of 560 metres over the last 2 years.
The most recent example is Apartment 5, Inverforth House, North End Way, London, NW3 7EU, a leasehold flat which sold for £2,670,000 on the 14th January 2025.
Read more about house prices in NW3.
- Sold Jan 2025£2,670,000 | 4 Bed FlatInverforth House, North End WayApartment 5, Inverforth House, North End Way, London, NW3 7EU
- Sold May 2023£3,050,000 | 4 Bed FlatSummit Lodge 9, Lower TerraceFlat 10, Summit Lodge 9, Lower Terrace, London, NW3 6RF
- Sold Jul 2014£4,100,000 | 4 Bed FlatHighgrove Point, Frognal RiseFlat 19, Highgrove Point, Frognal Rise, London, NW3 6PZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Lower Terrace, London, NW3 has a total of 19 addresses. According to our analysis of all the public data, Flat 1, Summit Lodge 9 is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £1.922m more expensive than the average property in NW3.
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Schools Nearby
- 300mChrist Church Primary School, Hampstead
- 400mNew End Primary School
- 500mHampstead Parochial Church of England Primary School
- 1.9kmHampstead School
- 2.1kmWilliam Ellis School
- 2.2kmParliament Hill School
More reading links
Public Transport Nearby
The closest station to Flat 1, Summit Lodge 9 is Hampstead station, which is 500 metres away.
- 500mHampstead
- 1.2kmFinchley Road & Frognal
- 1.2kmHampstead Heath
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
