Flat 10, Summit Lodge 9
Flat 10, Summit Lodge 9
Description & Estimates
Public records show Flat 10, Summit Lodge 9 to be a modern leasehold apartment with 2,507 ft2 of internal area.
In this area, apartments of this size normally have 4 bedrooms with a balcony.
Flat 10, Summit Lodge 9 has an estimated sale value of £3,395,609 and an estimated rental value of £9,679 per month, assuming reasonable condition and based on the information available.
The apartment sits within Summit Lodge, Lower Terrace, London, NW3.
Lower Terrace, London, NW3 lies in the borough of Camden, within the NW3 postal district.
Our Data Sources
Flat 10, Summit Lodge 9 has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated April 2021.
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
In very good condition, we estimate Flat 10, Summit Lodge 9 would be worth £3,565,390, with a potential rental value of £10,163 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £3,157,917, with a rental value of £9,002 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 Flat 10, Summit Lodge 9 has moved down by £67,871 (2.0%) over the last year. During the same period, its estimated monthly rental value has increased by £495 (5.1%). The property's estimated gross yield is currently 3.4%.
Energy Efficiency
Flat 10, Summit Lodge 9 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 10, Summit Lodge 9 last changed hands on 9th May 2023, selling for £3,050,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 58.5% since May 2023.
- Sold May 2023£3,050,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of Flat 10, Summit Lodge 9 across the last 2 years.
Most recently, Flat 5, Summit Lodge 9, Lower Terrace, London, NW3 6RF, a leasehold flat, sold at £3,750,000 on the 30th August 2024.
Read more about house prices in NW3.
- Sold Aug 2024£3,750,000 | 4 Bed FlatFlat 5, Summit Lodge 9, Lower Terrace, London, NW3 6RFFlat 5, Summit Lodge 9, Lower Terrace, London, NW3 6RF
- Sold Jul 2019£4,200,000 | 4 Bed FlatFlat 1, Summit Lodge 9, Lower Terrace, London, NW3 6RFFlat 1, Summit Lodge 9, Lower Terrace, London, NW3 6RF
- Sold Jul 2012£3,785,000 | 4 Bed FlatFlat L, Heath Park Gardens 18, Templewood Avenue, London, NW3 7XDFlat L, Heath Park Gardens 18, Templewood Avenue, London, NW3 7XD
•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 Flat 10, Summit Lodge 9 as the 10th largest and the 11th most expensive of the 19 addresses on Lower Terrace, London, NW3.
Against the NW3 postcode district average, it is £2.071m more expensive than the typical property.
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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
Hampstead station is the nearest stop to Flat 10, Summit Lodge 9 at 500 metres away.
- 500mHampstead
- 1.2kmFinchley Road & Frognal
- 1.2kmHampstead Heath
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
