Flat 1508, Ontario Tower, 4 Fairmont Avenue, London, E14 9JB is a leasehold flat built between 2007-2011. The property offers approximately 398 square feet of living space and is situated on the 15th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £387,520 , which equates to approximately £973 per square foot. It was last sold on 13 Jul 2007 for £257,000. Since then, the value has increased by £130,520, representing a 50.8% increase, or approximately 2.8% per year.

The current estimated value of £387,520 is:

  • 43.1% lower than the average property price on Fairmont Avenue
  • 17.5% lower than the average in the E14 9JB postcode area
  • and 55.7% lower than the average price for London as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (2 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 26 November 2021, the property was recorded as rented.

View sold house prices in E14 9JB

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
15th floor
Price (estimate)
£387,520
Price Per sq ft (estimate)
£973
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1508, Ontario Tower, 4 Fairmont Avenue, London, Tower Hamlets, Greater London, E14 9JB has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 26 Nov 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 5 Nov 2010, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 6.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from warm air, electric to community scheme, improving energy efficiency from average 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 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 15% of fixed outlets to low energy lighting in 43% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 43% of fixed outlets
Average

Compared to E14 9JB

55 th / 100
Price Rank
17% lower than average
51 st / 91
Size Rank
21% smaller than average
44 th / 91
Price Per Sq FT Rank
4% higher than average

Compared to other properties in E14 9JB , this flat's estimated value ranks 55th out of 100. Based on price per square foot, it ranks 44th out of 91 properties. In terms of size, this home ranks 51th out of 91 properties in its postcode area.

Sale History

Today
£387,520
streetscan.co.uk estimate
+51 %
13 Jul 2007
£257,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 355 sq ft
sale price: £285,000
sale date: 2 Jun 2023
rooms: 1
size: 377 sq ft
sale price: £270,000
sale date: 18 Mar 2022
rooms: 1
size: 355 sq ft
sale price: £280,000
sale date: 12 Nov 2021
rooms: 1
size: 410 sq ft
sale price: £302,500
sale date: 27 Aug 2021
rooms: 1
size: 377 sq ft
sale price: £292,000
sale date: 15 Feb 2021

Data Sources

The property at Flat 1508, Ontario Tower, 4 Fairmont Avenue, London, Tower Hamlets, Greater London, E14 9JB appears once in the Land Registry records, with the transaction recorded on 13 Jul 2007. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Nov 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.