Flat 1008, New Providence Wharf, 1 Fairmont Avenue, London, E14 9PB is a leasehold flat built in 2007 onwards. The property offers approximately 990 square feet of living space and is situated on the 10th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £716,137 , which equates to approximately £723 per square foot. It was last sold on 15 Jan 2007 for £425,650. Since then, the value has increased by £290,487, representing a 68.2% increase, or approximately 3.6% per year.

The current estimated value of £716,137 is:

  • 5.2% higher than the average property price on Fairmont Avenue
  • 6.1% higher than the average in the E14 9PB postcode area
  • and 18.2% lower than the average price for London as a whole

View sold house prices in E14 9PB

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
990 sq ft
Tenure
Leasehold
Floor level
10th floor
Price (estimate)
£716,137
Price Per sq ft (estimate)
£723
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 1008, New Providence Wharf, 1 Fairmont Avenue, London, Tower Hamlets, Greater London Authority, E14 9PB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 10 Mar 2020.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. An electric heat pump dedicated to water heating is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Apr 2009, when the property was rated B. The current rating of D reflects a decline in energy efficiency of 17.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to community scheme, improving energy efficiency from average to good.
  • The hot water system was changed from electric immersion, off-peak to electric heat pump for water heating only, with its energy efficiency changing from average to very poor.
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Community scheme
Good
Hot Water
Electric heat pump for water heating only
Very Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 9PB

47 th / 92
Price Rank
6% higher than average
18 th / 86
Size Rank
34% bigger than average
84 th / 86
Price Per Sq FT Rank
21% lower than average

Compared to other properties in E14 9PB , this flat's estimated value ranks 47th out of 92. Based on price per square foot, it ranks 84th out of 86 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 18th out of 86 properties in its postcode area.

Sale History

Today
£716,137
streetscan.co.uk estimate
+68 %
15 Jan 2007
£425,650
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1066 sq ft
sale price: £590,000
sale date: 7 Aug 2024
rooms: 4
size: 872 sq ft
sale price: £510,000
sale date: 11 Jun 2024
rooms: 3
size: 1076 sq ft
sale price: £500,000
sale date: 20 Mar 2024
rooms: 3
size: 1076 sq ft
sale price: £692,500
sale date: 10 Aug 2023
rooms: 3
size: 872 sq ft
sale price: £650,000
sale date: 22 Feb 2021

Data Sources

The property at Flat 1008, New Providence Wharf, 1 Fairmont Avenue, London, Tower Hamlets, Greater London Authority, E14 9PB appears once in the Land Registry records, with the transaction recorded on 15 Jan 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Mar 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.