Flat 4, Summit Lodge 9
Flat 4, Summit Lodge 9
Description & Estimates
Flat 4, Summit Lodge 9 is described in the public record as a modern apartment with 1,162 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 4, Summit Lodge 9 is £1,620,139 and its rental estimate is £4,782 per month, given the available information and assuming reasonable condition.
Summit Lodge, Lower Terrace is a residential building on Lower Terrace, London, NW3 and falls within the NW3 postal district and the London Borough of Camden.
Our Data Sources
Flat 4, Summit Lodge 9 has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2023.
We combine this information with public data 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 4, Summit Lodge 9, we estimate a market value of £1,701,146 and a rental value of £5,021 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,506,729 and £4,447 per month respectively.
Recent Market Change
Over the last year, Flat 4, Summit Lodge 9 has seen its estimated sale value drop by £41,816 (2.6%) and its estimated rental value rise by £253 per month (5.3%). This results in an estimated gross rental yield of 3.5%.
Energy Efficiency
Flat 4, Summit Lodge 9 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 4, Summit Lodge 9 completed on 11th September 1996 at £877,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Sep 1996£877,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, Summit Lodge 9 have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd May 2024, was Flat 8, Highgrove Point, Frognal Rise, London, NW3 6PZ, a leasehold flat which sold for £1,700,000.
Read more about house prices in NW3.
- Sold May 2024£1,700,000 | 3 Bed FlatHighgrove Point, Frognal RiseFlat 8, Highgrove Point, Frognal Rise, London, NW3 6PZ
- Sold Apr 2023£2,250,000 | 3 Bed FlatHighgrove Point, Frognal RiseFlat 6, Highgrove Point, Frognal Rise, London, NW3 6PZ
- Sold Nov 2022£1,850,000 | 3 Bed FlatPavilion Court, Frognal RiseFlat 8, Pavilion Court, Frognal Rise, London, NW3 6PZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 19 addresses on Lower Terrace, London, NW3, Flat 4, Summit Lodge 9 comes out as the 19th largest and the 19th most expensive in our analysis of the public data.
It is also £296k more expensive than the average property across the NW3 district.
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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
From Flat 4, Summit Lodge 9, the nearest station is Hampstead, 500 metres away.
- 500mHampstead
- 1.2kmFinchley Road & Frognal
- 1.2kmHampstead Heath
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
