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According to the public record, Flat 3602, Maine Tower 9 is a modern leasehold apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3602, Maine Tower 9 is £850,467 and the estimated rental value is £3,840 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 3602, Maine Tower 9 has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated August 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 3602, Maine Tower 9 is in very good condition we estimate a sale value of £892,990 and a rental value of £4,032 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £790,934 and a rental value of £3,571 per month.
Over the last 12 months the sale value of Flat 3602 Maine Tower 9 has decreased by an estimated £34,768 (4.1%) and its rental value has increased by an estimated £200 per month (5.2%), giving an expected gross yield of 5.4%.
Flat 3602, Maine Tower 9 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Aug 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 3602, Maine Tower 9 was last sold on 22nd October 2021 for £920,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2021, the market for similar properties has dropped 42.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3602, Maine Tower 9 within a radius of 140 metres over the last 2 years.
The most recent example is Flat 3302, Maine Tower 9, Harbour Way, London, E14 9DN, a leasehold flat which sold for £900,000 on the 20th December 2021.
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 3602, Maine Tower 9 is the 95th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £376k 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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