Flat 5, Summit Lodge 9
Flat 5, Summit Lodge 9
Description & Estimates
According to the public record, Flat 5, Summit Lodge 9 is a modern leasehold apartment with 2,798 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 5, Summit Lodge 9 is £3,759,909 and the estimated rental value is £10,718 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 5, Summit Lodge 9 has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated May 2023.
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 5, Summit Lodge 9 is in very good condition we estimate a sale value of £3,947,905 and a rental value of £11,254 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,496,716 and a rental value of £9,967 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, Summit Lodge 9 has decreased by £75,153 (2.0%), while its estimated rental value has grown by £548 per month (5.1%). Based on current estimates, the property offers a gross rental yield of 3.4%.
Energy Efficiency
Flat 5, Summit Lodge 9 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 May 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
According to HM Land Registry, Flat 5, Summit Lodge 9 was last sold on 30th August 2024 for £3,750,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2024, the market for similar properties has dropped by 57.3%.
- Sold Aug 2024£3,750,000
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 5, Summit Lodge 9 within a radius of 560 metres over the last 2 years.
The most recent example is Flat 10, Summit Lodge 9, Lower Terrace, London, NW3 6RF, a leasehold flat which sold for £3,050,000 on the 9th May 2023.
Read more about house prices in NW3.
- Sold May 2023£3,050,000 | 4 Bed FlatSummit Lodge 9, Lower TerraceFlat 10, Summit Lodge 9, Lower Terrace, London, NW3 6RF
- Sold May 2022£4,250,000 | 4 Bed FlatHeath Park Gardens 18, Templewood AvenueFlat E, Heath Park Gardens 18, Templewood Avenue, London, NW3 7XD
- Sold Jul 2019£4,200,000 | 4 Bed FlatSummit Lodge 9, Lower TerraceFlat 1, Summit Lodge 9, Lower Terrace, London, NW3 6RF
•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 5, Summit Lodge 9 is the 8th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £2.436m more expensive than the average property in NW3.
More reading links
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 5, 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.
