Flat 509, New Providence Wharf, 1 Fairmont Avenue, London, E14 9PB is a leasehold flat built between 2003-2006. The property offers approximately 915 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £692,419 , which equates to approximately £757 per square foot. It was last sold on 2 Apr 2009 for £400,000. Since then, the value has increased by £292,419, representing a 73.1% increase, or approximately 4.4% per year.

The current estimated value of £692,419 is:

  • 1.7% higher than the average property price on Fairmont Avenue
  • 2.6% higher than the average in the E14 9PB postcode area
  • and 20.9% lower than the average price for London as a whole

At the most recent EPC inspection on 11 September 2019, 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
915 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£692,419
Price Per sq ft (estimate)
£757
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 509, New Providence Wharf, 1 Fairmont Avenue, London, Tower Hamlets, Greater London Authority, E14 9PB has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 11 Sep 2019.

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 13 Nov 2008, when the property was rated D. Since then, the rating has improved to B, with the energy efficiency score increasing by 28.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to poor, while the heating system type remained the same (electric underfloor heating).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Electric underfloor heating
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 50% of fixed outlets
Good

Compared to E14 9PB

48 th / 92
Price Rank
3% higher than average
21 st / 86
Size Rank
24% bigger than average
82 nd / 86
Price Per Sq FT Rank
17% lower than average

Compared to other properties in E14 9PB , this flat's estimated value ranks 48th out of 92. Based on price per square foot, it ranks 82th 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 21th out of 86 properties in its postcode area.

Sale History

Today
£692,419
streetscan.co.uk estimate
+73 %
2 Apr 2009
£400,000
Leasehold
+12 %
27 Jul 2004
£357,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 872 sq ft
sale price: £510,000
sale date: 11 Jun 2024
rooms: 3
size: 872 sq ft
sale price: £650,000
sale date: 22 Feb 2021
rooms: 3
size: 889 sq ft
sale price: £665,000
sale date: 1 Nov 2018
rooms: 3
size: 1023 sq ft
sale price: £685,000
sale date: 4 Sep 2018
rooms: 3
size: 873 sq ft
sale price: £665,000
sale date: 25 May 2018

Data Sources

The property at Flat 509, New Providence Wharf, 1 Fairmont Avenue, London, E14 9PB appears two times in the Land Registry records, with the latest transaction recorded on 2 Apr 2009. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Sep 2019. 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.