Flat 806, Moro Apartments, 22 New Festival Avenue, London, E14 6FT is a leasehold flat built in 2012 onwards. The property offers approximately 603 square feet of living space and is situated on the 8th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £340,430 , which equates to approximately £565 per square foot. It was last sold on 10 Jun 2013 for £231,095. Since then, the value has increased by £109,335, representing a 47.3% increase, or approximately 3.8% per year.

The current estimated value of £340,430 is:

  • 22.6% lower than the average property price on New Festival Avenue
  • 28.1% lower than the average in the E14 6FT postcode area
  • and 61.1% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as rented both times. This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 15 September 2022, the property was recorded as rented.

View sold house prices in E14 6FT

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
8th floor
Price (estimate)
£340,430
Price Per sq ft (estimate)
£565
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 806, 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 15 Sep 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 29 Dec 2021. The rating of B is unchanged, though the energy efficiency score decreased by 3.5%.

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 energy efficiency changing from very good to good, while the system remained as community scheme.
  • The wall energy efficiency improving from good to very good, with the construction or insulation remaining system built, as built, insulated (assumed).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 6FT

57 th / 62
Price Rank
28% lower than average
41 st / 62
Size Rank
15% smaller than average
53 rd / 62
Price Per Sq FT Rank
16% lower than average

Compared to other properties in E14 6FT , this flat's estimated value ranks 57th out of 62. Based on price per square foot, it ranks 53th out of 62 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 41th out of 62 properties in its postcode area.

Sale History

Today
£340,430
streetscan.co.uk estimate
+47 %
10 Jun 2013
£231,095
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £420,000
sale date: 24 Sep 2024
rooms: 2
size: 592 sq ft
sale price: £344,000
sale date: 25 Jun 2021
rooms: 3
size: 624 sq ft
sale price: £328,653
sale date: 6 Sep 2013
rooms: 3
size: 678 sq ft
sale price: £292,350
sale date: 16 Aug 2013
rooms: 3
size: 678 sq ft
sale price: £321,000
sale date: 26 Jul 2013

Data Sources

The property at Flat 806, 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 10 Jun 2013. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Sep 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.