Flat 1616, New Providence Wharf, 1 Fairmont Avenue, London, E14 9QJ is a leasehold flat built between 1991-1995. The property offers approximately 883 square feet of living space and is situated on the 16th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £524,914 , which equates to approximately £595 per square foot. It was last sold on 31 Jul 2014 for £445,000. Since then, the value has increased by £79,914, representing a 18.0% increase, or approximately 1.6% per year.

The current estimated value of £524,914 is:

  • 22.9% lower than the average property price on Fairmont Avenue
  • 32.2% lower than the average in the E14 9QJ postcode area
  • and 40.0% lower than the average price for London as a whole

At the most recent EPC inspection on 16 August 2022, the property was recorded as rented.

View sold house prices in E14 9QJ

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
883 sq ft
Tenure
Leasehold
Floor level
16th floor
Price (estimate)
£524,914
Price Per sq ft (estimate)
£595
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 1616, New Providence Wharf, 1 Fairmont Avenue, London, Tower Hamlets, Greater London, E14 9QJ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 16 Aug 2022.

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 30 Mar 2009, when the property was rated D. Since then, the rating has improved to B, with the energy efficiency score increasing by 20.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to poor, while the heating system type remained the same (electric underfloor heating).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to system built, with internal insulation, improving energy efficiency from good to very good.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric underfloor heating
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
System built, with internal insulation
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 9QJ

24 th / 48
Price Rank
32% lower than average
19 th / 47
Size Rank
3% bigger than average
42 nd / 47
Price Per Sq FT Rank
34% lower than average

Compared to other properties in E14 9QJ , this flat's estimated value ranks 24th out of 48. Based on price per square foot, it ranks 42th out of 47 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 19th out of 47 properties in its postcode area.

Sale History

Today
£524,914
streetscan.co.uk estimate
+18 %
31 Jul 2014
£445,000
Leasehold
+27.1 %
29 Sep 2005
£350,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 883 sq ft
sale price: £588,000
sale date: 30 Aug 2024
rooms: 3
size: 969 sq ft
sale price: £800,000
sale date: 20 Jan 2023
rooms: 2
size: 764 sq ft
sale price: £435,000
sale date: 29 Nov 2016
rooms: 3
size: 851 sq ft
sale price: £680,000
sale date: 19 Oct 2016
rooms: 3
size: 845 sq ft
sale price: £670,000
sale date: 31 Mar 2016

Data Sources

The property at Flat 1616, New Providence Wharf, 1 Fairmont Avenue, London, E14 9QJ appears two times in the Land Registry records, with the latest transaction recorded on 31 Jul 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Aug 2022. 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.