According to the public record, Flat 1808, New Providence Wharf 1, London is a modern leasehold apartment with 1,397 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in New Providence Wharf, Fairmont Avenue, London, E14.
Fairmont Avenue, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 1808, New Providence Wharf 1, London has 2 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated March 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 1808 New Providence Wharf 1 London as £879,360 and the rental value as £4,358 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 1808 New Providence Wharf 1 London has increased by £17,085 (1.9%) and its rental value has increased by £98 per month (2.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 1808, New Providence Wharf 1, London is in very good condition we estimate a sale value of £923,328 and rental value of £4,576 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £817,805 and a rental value of £4,053 per month.
If you were able to purchase this property for the estimated value of £879,360, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,322 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 1808, New Providence Wharf 1, London was last sold on 03 Jul 2018 for £1,450,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2018, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1808, New Providence Wharf 1, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 305, New Providence Wharf 1, Fairmont Avenue, London, E14 9PA, a Leasehold flat which sold for £1,018,000 in Jun 2018.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 230 metres radius of Flat 1808, New Providence Wharf 1, London over the last 2 years.
Most recently Apartment 38, Horizons Tower 1, Yabsley Street, London, E14 9BH, a Leasehold flat let by Saint Andrews Bureau in Apr 2024.
Fairmont Avenue, London, E14 has a total of 817 addresses. According to our analysis of all the public data, Flat 1808, New Providence Wharf 1, London is the 28th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £395k more expensive than the average property in E14.
Flat 1808, New Providence Wharf 1, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Mar 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 1808, New Providence Wharf 1, London is Blackwall station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1808, New Providence Wharf 1, London, 67.5% of property is privately rented and 21.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 1808, New Providence Wharf 1, London, 9.7% of residents are recorded as possessing school level qualifications and 83.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 1808, New Providence Wharf 1, London, the average age was 37.5 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 1808, New Providence Wharf 1, London, 0.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 1808, New Providence Wharf 1, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.