Flat 3503, Maine Tower 9
Flat 3503, Maine Tower 9
Description & Estimates
Flat 3503, 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 3503, 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.
Our Data Sources
Flat 3503, Maine Tower 9 has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated July 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
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 3503, 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.
Recent Market Change
Over the last year, Flat 3503, Maine Tower 9 has seen its estimated sale value decrease by £22,625 (4.0%) and its estimated rental value grow by £117 per month (4.4%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
Flat 3503, Maine Tower 9 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 3503, Maine Tower 9 completed on 18th December 2020 at £620,500 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 34.7% over the period since December 2020.
- Sold Dec 2020£620,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3503, 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.
- Sold Dec 2024£579,000 | 2 Bed FlatMaine Tower 9, Harbour WayFlat 3303, Maine Tower 9, Harbour Way, London, E14 9DN
- Sold Feb 2023£735,000 | 2 Bed FlatMaine Tower 9, Harbour WayFlat 2808, Maine Tower 9, Harbour Way, London, E14 9DN
- Sold Jun 2021£621,000 | 2 Bed FlatMaine Tower 9, Harbour WayFlat 904, Maine Tower 9, Harbour Way, London, E14 9DX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 658 addresses on Harbour Way, London, E14, Flat 3503, Maine Tower 9 comes out as the 387th largest and the 155th most expensive in our analysis of the public data.
It is also £89k more expensive than the average property across the E14 district.
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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
From Flat 3503, Maine Tower 9, the nearest station is South Quay, 300 metres away.
- 300mSouth Quay
- 400mHeron Quays
- 500mCanary Wharf
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
