According to the public record, 7, Scholars Place, London is a period leasehold apartment and with 1,435 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms with a garden.
Scholars Place, London, N16 is located in the borough of Hackney within the N16 postal district.
7, Scholars Place, London has 41 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated March 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Scholars Place London as £1,098,839 and the rental value as £4,867 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 7 Scholars Place London has increased by £23,444 (2.1%) and its rental value has increased by £362 per month (7.4%).
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, London is in very good condition we estimate a sale value of £1,153,781 and rental value of £5,111 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,021,920 and a rental value of £4,527 per month.
If you were able to purchase this property for the estimated value of £1,098,839, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,400 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 7, Scholars Place, London was last sold on 09 Apr 2021 for £740,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Apr 2021, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Scholars Place, London within a radius of 115m over the last 2 years.
The most recent example is 6, Scholars Place, London, N16 0RF, a Leasehold flat which sold for £960,000 in Mar 2024.
Read more about house prices in N16.
Scholars Place, London, N16 has a total of 34 addresses. According to our analysis of all the public data, 7, Scholars Place, London is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £433k more expensive than the average property in N16.
7, Scholars Place, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Mar 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 7, Scholars Place, London is Stoke Newington station which is 700 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Scholars Place, London, 28.9% of property is privately owned with a mortgage and 27.5% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Scholars Place, London, 14.1% of residents are recorded as possessing school level qualifications and 65.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Scholars Place, London, the average age was 36.4 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Scholars Place, London, 3.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Scholars Place, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.