Flat 1015, New Providence Wharf, 1 Fairmont Avenue, London, E14 9PJ is a leasehold flat built between 2007-2011. The property offers approximately 570 square feet of living space and is situated on the 10th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £454,795 , which equates to approximately £797 per square foot. It was last sold on 28 Nov 2014 for £405,000. Since then, the value has increased by £49,795, representing a 12.3% increase, or approximately 1.1% per year.

The current estimated value of £454,795 is:

  • 33.2% lower than the average property price on Fairmont Avenue
  • 33.2% lower than the average in the E14 9PJ postcode area
  • and 48.0% lower than the average price for London as a whole

At the most recent EPC inspection on 28 June 2021, the property was recorded as rented.

View sold house prices in E14 9PJ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
10th floor
Price (estimate)
£454,795
Price Per sq ft (estimate)
£797
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1015, New Providence Wharf, 1 Fairmont Avenue, London, Tower Hamlets, Greater London, E14 9PJ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 28 Jun 2021.

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. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Jan 2009, when the property was rated F. Since then, the rating has improved to B, with the energy efficiency score increasing by 147.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to community scheme, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric immersion, standard tariff to community scheme, with its energy efficiency improving from very poor to good.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to solid brick, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 9PJ

53 rd / 66
Price Rank
33% lower than average
42 nd / 65
Size Rank
13% smaller than average
55 th / 65
Price Per Sq FT Rank
23% lower than average

Compared to other properties in E14 9PJ , this flat's estimated value ranks 53th out of 66. Based on price per square foot, it ranks 55th out of 65 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 42th out of 65 properties in its postcode area.

Sale History

Today
£454,795
streetscan.co.uk estimate
+12 %
28 Nov 2014
£405,000
Leasehold
+48.9 %
7 May 2004
£272,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 592 sq ft
sale price: £405,000
sale date: 15 Nov 2024
rooms: 2
size: 592 sq ft
sale price: £360,000
sale date: 30 Apr 2024
rooms: 2
size: 611 sq ft
sale price: £410,000
sale date: 14 Jul 2023
rooms: 2
size: 624 sq ft
sale price: £445,000
sale date: 11 Dec 2017
rooms: 2
size: 595 sq ft
sale price: £470,000
sale date: 12 Dec 2016

Data Sources

The property at Flat 1015, New Providence Wharf, 1 Fairmont Avenue, London, E14 9PJ appears two times in the Land Registry records, with the latest transaction recorded on 28 Nov 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Jun 2021. 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.