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According to the public record, Flat 2503, Maine Tower 9 is a modern leasehold apartment with 710 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 2503, Maine Tower 9 is £628,962 and the estimated rental value is £2,894 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.
Flat 2503, Maine Tower 9 has a single entry in the Land Registry from March 2021 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.
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 2503, Maine Tower 9 is in very good condition we estimate a sale value of £660,410 and a rental value of £3,038 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £584,934 and a rental value of £2,691 per month.
Over the past 12 months, the estimated sale value of Flat 2503, Maine Tower 9 has fallen by £25,217 (4.0%), while its estimated rental value has moved up by £129 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Flat 2503, Maine Tower 9 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 2503, Maine Tower 9 was last sold on 12th March 2021 for £760,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has dropped by 34.7%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2503, 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.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Harbour Way, London, E14 has a total of 658 addresses. According to our analysis of all the public data, Flat 2503, Maine Tower 9 is the 337th largest and the 119th most expensive property on the street.
When compared to the postcode district it is £154k more expensive than the average property in E14.
The closest station to Flat 2503, Maine Tower 9 is South Quay station, which is 300 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2503, Maine Tower 9, % of property is and % is .
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 2503, Maine Tower 9, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2503, Maine Tower 9, 0.0% 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 2503, Maine Tower 9, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
