Flat 407, Moro Apartments, 22 New Festival Avenue, London, E14 6FT is a leasehold flat built between 2007-2011. The property offers approximately 592 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £347,542 , which equates to approximately £587 per square foot. It was last sold on 31 Jan 2013 for £227,950. Since then, the value has increased by £119,592, representing a 52.5% increase, or approximately 4.1% per year.

The current estimated value of £347,542 is:

  • 21.0% lower than the average property price on New Festival Avenue
  • 26.6% lower than the average in the E14 6FT postcode area
  • and 60.3% lower than the average price for London as a whole

At the most recent EPC inspection on 14 October 2022, 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
592 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£347,542
Price Per sq ft (estimate)
£587
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 407, Moro Apartments, 22 New Festival Avenue, London, Tower Hamlets, Greater London, E14 6FT has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 14 Oct 2022.

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. The rating of B remains the same, but the energy efficiency score improved by 1.2%.

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 0.32 w/m?k to system built, as built, insulated (assumed), improving energy efficiency from good to very 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
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 6FT

55 th / 62
Price Rank
27% lower than average
45 th / 62
Size Rank
16% smaller than average
48 th / 62
Price Per Sq FT Rank
12% lower than average

Compared to other properties in E14 6FT , this flat's estimated value ranks 55th out of 62. Based on price per square foot, it ranks 48th out of 62 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 45th out of 62 properties in its postcode area.

Sale History

Today
£347,542
streetscan.co.uk estimate
+52 %
31 Jan 2013
£227,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £420,000
sale date: 24 Sep 2024
rooms: 2
size: 592 sq ft
sale price: £344,000
sale date: 25 Jun 2021
rooms: 2
size: 506 sq ft
sale price: £355,000
sale date: 2 Dec 2019
rooms: 3
size: 624 sq ft
sale price: £328,653
sale date: 6 Sep 2013
rooms: 3
size: 678 sq ft
sale price: £292,350
sale date: 16 Aug 2013

Data Sources

The property at Flat 407, 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 31 Jan 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Oct 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.


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