According to the public record, 75, Summit Estate, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 691 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Summit Estate, London, N16 is located in the borough of Hackney within the N16 postal district.
75, Summit Estate, London has 2 entries in the Land Registry database, most recently in March 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 75 Summit Estate London as £399,671 and the rental value as £2,121 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 75 Summit Estate London has increased by £9,103 (2.3%) and its rental value has increased by £133 per month (6.3%).
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 75, Summit Estate, London is in very good condition we estimate a sale value of £419,654 and rental value of £2,227 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,694 and a rental value of £1,972 per month.
If you were able to purchase this property for the estimated value of £399,671, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,964 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, 75, Summit Estate, London was last sold on 23 Mar 2015 for £330,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2015, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 75, Summit Estate, London within a radius of 344m over the last 2 years.
The most recent example is Flat 21, Berwyn House, Stamford Hill, London, N16 6QP, a Leasehold flat which sold for £385,000 in Jun 2021.
Read more about house prices in N16.
Summit Estate, London, N16 has a total of 122 addresses. According to our analysis of all the public data, 75, Summit Estate, London is the 80th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £266k less expensive than the average property in N16.
The closest station to 75, Summit Estate, London is Stoke Newington station which is 800 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 75, Summit Estate, London, 62.0% of property is socially rented and 21.7% is privately 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 75, Summit Estate, London, 28.0% of residents are recorded as possessing school level qualifications and 21.5% 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 75, Summit Estate, London, the average age was 29.9 and the most common age was 2.
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 75, Summit Estate, London, 0.0% 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 75, Summit Estate, 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.