Flat 507, Ontario Tower, 4 Fairmont Avenue, London, E14 9JA is a leasehold flat built between 2003-2006. The property offers approximately 398 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £333,237 , which equates to approximately £837 per square foot. It was last sold on 2 Jul 2007 for £221,000. Since then, the value has increased by £112,237, representing a 50.8% increase, or approximately 2.8% per year.

The current estimated value of £333,237 is:

  • 51.0% lower than the average property price on Fairmont Avenue
  • 20.2% lower than the average in the E14 9JA postcode area
  • and 61.9% lower than the average price for London as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (2 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 8 August 2022, the property was recorded as rented.

View sold house prices in E14 9JA

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£333,237
Price Per sq ft (estimate)
£837
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 507, Ontario Tower, 4 Fairmont Avenue, London, Tower Hamlets, Greater London, E14 9JA has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 8 Aug 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 31 Aug 2012, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 9.5%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from community scheme, no cylinder thermostat to community scheme, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
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 9JA

85 th / 101
Price Rank
20% lower than average
47 th / 87
Size Rank
15% smaller than average
59 th / 87
Price Per Sq FT Rank
6% lower than average

Compared to other properties in E14 9JA , this flat's estimated value ranks 85th out of 101. Based on price per square foot, it ranks 59th out of 87 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 47th out of 87 properties in its postcode area.

Sale History

Today
£333,237
streetscan.co.uk estimate
+51 %
2 Jul 2007
£221,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 377 sq ft
sale price: £235,000
sale date: 22 Dec 2021
rooms: 1
size: 344 sq ft
sale price: £315,000
sale date: 10 Dec 2018
rooms: 1
size: 409 sq ft
sale price: £310,000
sale date: 3 Dec 2018
rooms: 1
size: 344 sq ft
sale price: £290,000
sale date: 4 May 2018
rooms: 2
size: 377 sq ft
sale price: £315,000
sale date: 1 Dec 2017

Data Sources

The property at Flat 507, Ontario Tower, 4 Fairmont Avenue, London, Tower Hamlets, Greater London, E14 9JA appears once in the Land Registry records, with the transaction recorded on 2 Jul 2007. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 8 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.