Flat 508, New Providence Wharf, 1 Fairmont Avenue, London, E14 9PB is a leasehold flat built between 2003-2006. The property offers approximately 1,076 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £506,871 , which equates to approximately £471 per square foot. It was last sold on 20 Mar 2024 for £500,000. Since then, the value has increased by £6,871, representing a 1.4% increase, or approximately 0.8% per year.

The current estimated value of £506,871 is:

  • 25.5% lower than the average property price on Fairmont Avenue
  • 24.9% lower than the average in the E14 9PB postcode area
  • and 42.1% lower than the average price for London as a whole

At the most recent EPC inspection on 29 April 2023, 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
1076 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£506,871
Price Per sq ft (estimate)
£471
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 508, New Providence Wharf, 1 Fairmont Avenue, London, Tower Hamlets, Greater London, E14 9PB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 29 Apr 2023.

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 25 Nov 2011, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 1.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to very poor, while the heating system type remained the same (electric underfloor heating).
  • 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, off-peak
Average
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

19 th / 92
Price Rank
25% lower than average
10 th / 86
Size Rank
46% bigger than average
72 nd / 86
Price Per Sq FT Rank
48% lower than average

Compared to other properties in E14 9PB , this flat's estimated value ranks 19th out of 92. Based on price per square foot, it ranks 72th out of 86 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 10th out of 86 properties in its postcode area.

Sale History

Today
£506,871
streetscan.co.uk estimate
+1 %
20 Mar 2024
£500,000
Leasehold
+8.7 %
25 Jun 2013
£460,000
Leasehold
+8.7 %
8 Aug 2003
£423,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1066 sq ft
sale price: £590,000
sale date: 7 Aug 2024
rooms: 3
size: 1076 sq ft
sale price: £692,500
sale date: 10 Aug 2023
rooms: 3
size: 1023 sq ft
sale price: £685,000
sale date: 4 Sep 2018
rooms: 3
size: 1076 sq ft
sale price: £660,000
sale date: 18 Sep 2014
rooms: 3
size: 1117 sq ft
sale price: £640,000
sale date: 28 Aug 2014

Data Sources

The property at Flat 508, New Providence Wharf, 1 Fairmont Avenue, London, E14 9PB appears three times in the Land Registry records, with the latest transaction recorded on 20 Mar 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Apr 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.