Flat 224, New Providence Wharf, 1 Fairmont Avenue, London, E14 9PL is a leasehold flat built between 2003-2006. The property offers approximately 753 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £533,307 , which equates to approximately £708 per square foot. It was last sold on 15 Nov 2017 for £560,000. Since then, the value has decreased by £26,693, representing a 4.8% decrease, or approximately 0.6% per year.

The current estimated value of £533,307 is:

  • 21.6% lower than the average property price on Fairmont Avenue
  • 11.0% lower than the average in the E14 9PL postcode area
  • and 39.1% lower than the average price for London as a whole

View sold house prices in E14 9PL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£533,307
Price Per sq ft (estimate)
£708
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 224, New Providence Wharf, 1 Fairmont Avenue, London, Tower Hamlets, Greater London Authority, E14 9PL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Feb 2013.

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 2 Oct 2008. The rating of C remains the same, but the energy efficiency score improved by 5.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from no system present: electric heaters assumed to electric underfloor heating, improving energy efficiency from very poor to poor.
Heating Type
Electric underfloor heating
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to E14 9PL

45 th / 85
Price Rank
11% lower than average
40 th / 81
Size Rank
13% bigger than average
67 th / 81
Price Per Sq FT Rank
21% lower than average

Compared to other properties in E14 9PL , this flat's estimated value ranks 45th out of 85. Based on price per square foot, it ranks 67th out of 81 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 40th out of 81 properties in its postcode area.

Sale History

Today
£533,307
streetscan.co.uk estimate
-5 %
15 Nov 2017
£560,000
Leasehold
+25.8 %
13 Sep 2013
£445,000
Leasehold
+8.7 %
23 May 2008
£409,400
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 732 sq ft
sale price: £465,000
sale date: 30 Oct 2023
rooms: 2
size: 743 sq ft
sale price: £430,000
sale date: 27 Oct 2023
rooms: 3
size: 721 sq ft
sale price: £460,000
sale date: 18 Jun 2020
rooms: 3
size: 843 sq ft
sale price: £608,850
sale date: 26 Oct 2018
rooms: 3
size: 786 sq ft
sale price: £575,000
sale date: 16 Dec 2016

Data Sources

The property at Flat 224, New Providence Wharf, 1 Fairmont Avenue, London, E14 9PL appears three times in the Land Registry records, with the latest transaction recorded on 15 Nov 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Feb 2013. 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.