Flat 1223, New Providence Wharf, 1 Fairmont Avenue, London, E14 9PW is a leasehold flat built between 2003-2006. The property offers approximately 495 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £570,035 , which equates to approximately £1,151 per square foot. It was last sold on 16 Feb 2007 for £340,000. Since then, the value has increased by £230,035, representing a 67.7% increase, or approximately 3.6% per year.

The current estimated value of £570,035 is:

  • 16.3% lower than the average property price on Fairmont Avenue
  • 25.4% lower than the average in the E14 9PW postcode area
  • and 34.9% lower than the average price for London as a whole

At the most recent EPC inspection on 1 September 2009, the property was recorded as owner-occupied.

View sold house prices in E14 9PW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£570,035
Price Per sq ft (estimate)
£1,151
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1223, New Providence Wharf, 1 Fairmont Avenue, London, Tower Hamlets, Greater London Authority, E14 9PW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Jun 2019.

This property uses electric underfloor heating as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Sep 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from community scheme to electric underfloor heating, changing energy efficiency from good to very poor.
  • The hot water energy efficiency changing from good to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 9PW

48 th / 86
Price Rank
25% lower than average
63 rd / 86
Size Rank
35% smaller than average
14 th / 86
Price Per Sq FT Rank
16% higher than average

Compared to other properties in E14 9PW , this flat's estimated value ranks 48th out of 86. Based on price per square foot, it ranks 14th out of 86 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 63th out of 86 properties in its postcode area.

Sale History

Today
£570,035
streetscan.co.uk estimate
+68 %
16 Feb 2007
£340,000
Leasehold
+3.3 %
10 May 2004
£329,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £420,000
sale date: 24 Jun 2024
rooms: 2
size: 465 sq ft
sale price: £363,000
sale date: 10 Aug 2020
rooms: 2
size: 441 sq ft
sale price: £372,500
sale date: 30 Sep 2015
rooms: 2
size: 527 sq ft
sale price: £438,000
sale date: 26 Sep 2014
rooms: 2
size: 484 sq ft
sale price: £495,000
sale date: 15 Sep 2014

Data Sources

The property at Flat 1223, New Providence Wharf, 1 Fairmont Avenue, London, E14 9PW appears two times in the Land Registry records, with the latest transaction recorded on 16 Feb 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Jun 2019. 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.


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