Flat 307, New Providence Wharf, 1 Fairmont Avenue, London, E14 9PB is a leasehold flat built between 2003-2006. The property offers approximately 495 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £500,577 , which equates to approximately £1,011 per square foot. It was last sold on 6 Oct 2006 for £285,000. Since then, the value has increased by £215,577, representing a 75.6% increase, or approximately 3.9% per year.

The current estimated value of £500,577 is:

  • 26.5% lower than the average property price on Fairmont Avenue
  • 25.8% lower than the average in the E14 9PB postcode area
  • and 42.8% lower than the average price for London as a whole

At the most recent EPC inspection on 29 June 2020, the property was recorded as owner-occupied.

View sold house prices in E14 9PB

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£500,577
Price Per sq ft (estimate)
£1,011
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 307, New Providence Wharf, 1 Fairmont Avenue, London, Tower Hamlets, Greater London Authority, E14 9PB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Jun 2020.

This property uses electric underfloor heating as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Jan 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 9.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from air source heat pump, electric to electric underfloor heating, changing energy efficiency from average to very poor.
  • 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 no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
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 9PB

54 th / 92
Price Rank
26% lower than average
67 th / 86
Size Rank
33% smaller than average
12 th / 86
Price Per Sq FT Rank
11% higher than average

Compared to other properties in E14 9PB , this flat's estimated value ranks 54th out of 92. Based on price per square foot, it ranks 12th 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 67th out of 86 properties in its postcode area.

Sale History

Today
£500,577
streetscan.co.uk estimate
+76 %
6 Oct 2006
£285,000
Leasehold
+4.8 %
8 Aug 2003
£272,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £421,500
sale date: 8 Mar 2018
rooms: 3
size: 517 sq ft
sale price: £435,000
sale date: 20 Jul 2017
rooms: 2
size: 549 sq ft
sale price: £475,000
sale date: 14 Apr 2016
rooms: 2
size: 560 sq ft
sale price: £390,000
sale date: 21 Jul 2015
rooms: 2
size: 484 sq ft
sale price: £390,000
sale date: 31 Mar 2015

Data Sources

The property at Flat 307, New Providence Wharf, 1 Fairmont Avenue, London, E14 9PB appears two times in the Land Registry records, with the latest transaction recorded on 6 Oct 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Jun 2020. 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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