Flat 406, Moro Apartments, 22 New Festival Avenue, London, E14 6FT is a leasehold flat built between 2007-2011. The property offers approximately 678 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £424,151 , which equates to approximately £626 per square foot. It was last sold on 16 Aug 2013 for £292,350. Since then, the value has increased by £131,801, representing a 45.1% increase, or approximately 3.7% per year.

The current estimated value of £424,151 is:

  • 3.5% lower than the average property price on New Festival Avenue
  • 10.4% lower than the average in the E14 6FT postcode area
  • and 51.5% lower than the average price for London as a whole

At the most recent EPC inspection on 17 October 2023, the property was recorded as rented.

View sold house prices in E14 6FT

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£424,151
Price Per sq ft (estimate)
£626
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 406, Moro Apartments, 22 New Festival Avenue, London, Tower Hamlets, Greater London, E14 6FT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Oct 2023.

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 15 Aug 2011, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 12%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (community scheme).
  • The hot water energy efficiency changing from very good to good, while the system remained as community scheme.
  • The roof construction or insulation changed from average thermal transmittance 0.13 w/m?k to (another dwelling above), changing energy efficiency from very good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.30 w/m?k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 70% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 6FT

38 th / 62
Price Rank
10% lower than average
37 th / 62
Size Rank
4% smaller than average
33 rd / 62
Price Per Sq FT Rank
7% lower than average

Compared to other properties in E14 6FT , this flat's estimated value ranks 38th out of 62. Based on price per square foot, it ranks 33th out of 62 properties. In terms of size, this home ranks 37th out of 62 properties in its postcode area.

Sale History

Today
£424,151
streetscan.co.uk estimate
+45 %
16 Aug 2013
£292,350
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £420,000
sale date: 24 Sep 2024
rooms: 3
size: 700 sq ft
sale price: £510,000
sale date: 6 Oct 2023
rooms: 2
size: 592 sq ft
sale price: £344,000
sale date: 25 Jun 2021
rooms: 3
size: 710 sq ft
sale price: £465,000
sale date: 25 Oct 2016
rooms: 3
size: 624 sq ft
sale price: £328,653
sale date: 6 Sep 2013

Data Sources

The property at Flat 406, Moro Apartments, 22 New Festival Avenue, London, Tower Hamlets, Greater London, E14 6FT appears once in the Land Registry records, with the transaction recorded on 16 Aug 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Oct 2023. 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.