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Flat 2504, Maine Tower 9 is recorded publicly as a modern leasehold apartment across 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 2504, Maine Tower 9 is £564,298 and its rental estimate is £2,632 per month, given the available information and assuming reasonable condition.
Maine Tower, Harbour Way is a residential building on Harbour Way, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Flat 2504, Maine Tower 9 has a single entry in the Land Registry from July 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2504, Maine Tower 9, we estimate a market value of £592,513 and a rental value of £2,764 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £524,797 and £2,448 per month respectively.
Over the last year, Flat 2504, Maine Tower 9 has seen its estimated sale value drop by £22,625 (4.0%) and its estimated rental value rise by £117 per month (4.4%). This results in an estimated gross rental yield of 5.6%.
Flat 2504, 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.
The most recent sale of Flat 2504, Maine Tower 9 completed on 20th July 2020 at £660,300 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 35.4% over the period since July 2020.
Over the past 2 years 3 properties similar to Flat 2504, Maine Tower 9 have sold within a radius of 140 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th December 2024, was Flat 3303, Maine Tower 9, Harbour Way, London, E14 9DN, a leasehold flat which sold for £579,000.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 658 addresses on Harbour Way, London, E14, Flat 2504, Maine Tower 9 comes out as the 399th largest and the 166th most expensive in our analysis of the public data.
It is also £89k more expensive than the average property across the E14 district.
From Flat 2504, Maine Tower 9, the nearest station is South Quay, 300 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2504, 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 2504, 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 2504, 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 2504, 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.