Flat 1509, Maine Tower 9
Flat 1509, Maine Tower 9
Description & Estimates
According to the public record, Flat 1509, Maine Tower 9 is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1509, Maine Tower 9 is £650,095 and the estimated rental value is £2,977 per month.
The apartment is within Maine Tower, Harbour Way, London, E14.
Harbour Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Our Data Sources
Flat 1509, Maine Tower 9 has a single entry in the Land Registry from April 2020 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 1509, Maine Tower 9 is in very good condition we estimate a sale value of £682,600 and a rental value of £3,126 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £604,588 and a rental value of £2,768 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1509, Maine Tower 9 has decreased by £26,065 (4.0%), while its estimated rental value has grown by £132 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Energy Efficiency
Flat 1509, Maine Tower 9 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, Flat 1509, Maine Tower 9 was last sold on 21st April 2020 for £820,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2020, the market for similar properties has dropped by 35.7%.
- Sold Apr 2020£820,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1509, Maine Tower 9 within a radius of 140 metres over the last 2 years.
The most recent example is Flat 2607, Maine Tower 9, Harbour Way, London, E14 9DN, a leasehold flat which sold for £745,000 on the 26th October 2023.
Read more about house prices in E14.
- Sold Oct 2023£745,000 | 2 Bed FlatMaine Tower 9, Harbour WayFlat 2607, Maine Tower 9, Harbour Way, London, E14 9DN
- Sold Sep 2023£610,000 | 2 Bed FlatMaine Tower 9, Harbour WayFlat 501, Maine Tower 9, Harbour Way, London, E14 9DX
- Sold Feb 2023£710,000 | 2 Bed FlatMaine Tower 9, Harbour WayFlat 1404, Maine Tower 9, Harbour Way, London, E14 9DP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Harbour Way, London, E14 has a total of 658 addresses. According to our analysis of all the public data, Flat 1509, Maine Tower 9 is the 306th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £175k more expensive than the average property in E14.
More reading links
Schools Nearby
- 300mSeven Mills Primary School
- 600mArnhem Wharf Primary School
- 800mMulberry Wood Wharf Primary School
- 600mCanary Wharf College Crossharbour
- 1.5kmGeorge Green's School
- 1.6kmBacon's College
More reading links
Public Transport Nearby
The closest station to Flat 1509, Maine Tower 9 is South Quay station, which is 300 metres away.
- 300mSouth Quay
- 400mHeron Quays
- 500mCanary Wharf
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
