According to the public record, Flat 303, Ontario Tower 4, London is a modern leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Ontario Tower, Fairmont Avenue, London, E14.
Fairmont Avenue, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 303, Ontario Tower 4, London has 2 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated March 2016.
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 303 Ontario Tower 4 London as £353,967 and the rental value as £1,915 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 303 Ontario Tower 4 London has increased by £5,309 (1.5%) and its rental value has increased by £40 per month (2.1%).
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 303, Ontario Tower 4, London is in very good condition we estimate a sale value of £371,666 and rental value of £2,010 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,190 and a rental value of £1,780 per month.
If you were able to purchase this property for the estimated value of £353,967, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,740 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 303, Ontario Tower 4, London was last sold on 25 Jul 2023 for £265,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2023, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 303, Ontario Tower 4, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 1805, New Providence Wharf 1, Fairmont Avenue, London, E14 9PW, a Leasehold flat which sold for £420,000 in Jun 2024.
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 1 let of a property similar to Flat 303, Ontario Tower 4, London within a radius of 260 metres over the last 2 years.
Most recently Flat 1101, New Providence Wharf 1, Fairmont Avenue, London, E14 9PA, a Leasehold flat let by London Property Management in May 2021.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairmont Avenue, London, E14 has a total of 817 addresses. According to our analysis of all the public data, Flat 303, Ontario Tower 4, London is the 577th largest and the 614th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in E14.
Flat 303, Ontario Tower 4, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Mar 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, warm air, electric.
The closest station to Flat 303, Ontario Tower 4, London is Blackwall station which is 200 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 303, Ontario Tower 4, London, 59.0% of property is privately rented and 20.5% 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 303, Ontario Tower 4, London, 12.0% of residents are recorded as possessing school level qualifications and 82.0% 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 303, Ontario Tower 4, 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 303, Ontario Tower 4, London, 2.3% 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 303, Ontario Tower 4, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.