Flat 638, New Providence Wharf, 1 Fairmont Avenue, London, E14 9PX is a leasehold flat built between 1991-1995. The property offers approximately 657 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £459,223 , which equates to approximately £699 per square foot. It was last sold on 17 Apr 2014 for £385,000. Since then, the value has increased by £74,223, representing a 19.3% increase, or approximately 1.7% per year.

The current estimated value of £459,223 is:

  • 32.5% lower than the average property price on Fairmont Avenue
  • 37.9% lower than the average in the E14 9PX postcode area
  • and 47.5% lower than the average price for London as a whole

At the most recent EPC inspection on 24 December 2019, the property was recorded as owner-occupied.

View sold house prices in E14 9PX

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
657 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£459,223
Price Per sq ft (estimate)
£699
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 638, New Providence Wharf, 1 Fairmont Avenue, London, Tower Hamlets, Greater London Authority, E14 9PX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Dec 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 7 Apr 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 10.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from warm air, mains gas to electric underfloor heating, changing energy efficiency from good to poor.
  • The hot water system was changed from from main system to electric immersion, off-peak, with its energy efficiency changing from good to poor.
  • 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 low energy lighting in all fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Electric underfloor heating
Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to E14 9PX

40 th / 58
Price Rank
38% lower than average
30 th / 58
Size Rank
16% smaller than average
50 th / 58
Price Per Sq FT Rank
26% lower than average

Compared to other properties in E14 9PX , this flat's estimated value ranks 40th out of 58. Based on price per square foot, it ranks 50th out of 58 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 30th out of 58 properties in its postcode area.

Sale History

Today
£459,223
streetscan.co.uk estimate
+19 %
17 Apr 2014
£385,000
Leasehold
+29.2 %
28 Aug 2004
£298,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 732 sq ft
sale price: £455,000
sale date: 29 Jun 2016
rooms: 2
size: 570 sq ft
sale price: £265,000
sale date: 6 Sep 2014
rooms: 3
size: 603 sq ft
sale price: £365,000
sale date: 4 Oct 2013
rooms: 2
size: 592 sq ft
sale price: £369,000
sale date: 27 Aug 2013
rooms: 2
size: 581 sq ft
sale price: £321,000
sale date: 12 Oct 2012

Data Sources

The property at Flat 638, New Providence Wharf, 1 Fairmont Avenue, London, E14 9PX appears two times in the Land Registry records, with the latest transaction recorded on 17 Apr 2014. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Dec 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.