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According to the public record, Flat 2803, 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 2803, 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 2803, Maine Tower 9 has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated May 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 2803, 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 last 12 months the sale value of Flat 2803 Maine Tower 9 has decreased by an estimated £25,217 (4.0%) and its rental value has increased by an estimated £129 per month (4.4%), giving an expected gross yield of 5.5%.
Flat 2803, Maine Tower 9 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 May 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 2803, Maine Tower 9 was last sold on 12th March 2021 for £786,250 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 34.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2803, 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 2803, Maine Tower 9 is the 331st largest and the 113th most expensive property on the street.
When compared to the postcode district it is £154k more expensive than the average property in E14.
The nearest school is Seven Mills Primary School which is 300 metres away. The nearest train station is South Quay which is 300 metres away.
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