Flat 701, Moro Apartments, 22 New Festival Avenue, London, E14 6FT is a leasehold flat built between 2007-2011. The property offers approximately 786 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £534,330 , which equates to approximately £680 per square foot. It was last sold on 8 Mar 2013 for £342,105. Since then, the value has increased by £192,225, representing a 56.2% increase, or approximately 4.4% per year.

The current estimated value of £534,330 is:

  • 21.5% higher than the average property price on New Festival Avenue
  • 12.9% higher than the average in the E14 6FT postcode area
  • and 39.0% lower than the average price for London as a whole

At the most recent EPC inspection on 13 December 2023, 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
786 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£534,330
Price Per sq ft (estimate)
£680
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 701, 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 13 Dec 2023.

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. Hot water is provided by a community heating scheme, but the cylinder is not fitted with a thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Aug 2011. The rating of B is unchanged, though the energy efficiency score decreased 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 system was changed from community scheme to community scheme, no cylinder thermostat, with its energy efficiency changing from very good to good.
  • 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 0.31 w/m?k to system built, as built, insulated (assumed), with no change in energy efficiency (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, no cylinder thermostat
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 6FT

9 th / 62
Price Rank
13% higher than average
23 rd / 62
Size Rank
11% bigger than average
20 th / 62
Price Per Sq FT Rank
1% higher than average

Compared to other properties in E14 6FT , this flat's estimated value ranks 9th out of 62. Based on price per square foot, it ranks 20th out of 62 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 23th out of 62 properties in its postcode area.

Sale History

Today
£534,330
streetscan.co.uk estimate
+56 %
8 Mar 2013
£342,105
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 861 sq ft
sale price: £497,500
sale date: 15 Nov 2024
rooms: 3
size: 678 sq ft
sale price: £420,000
sale date: 24 Sep 2024
rooms: 3
size: 700 sq ft
sale price: £510,000
sale date: 6 Oct 2023
rooms: 3
size: 850 sq ft
sale price: £455,000
sale date: 11 Aug 2023
rooms: 3
size: 850 sq ft
sale price: £515,000
sale date: 22 May 2017

Data Sources

The property at Flat 701, 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 8 Mar 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Dec 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.


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