Flat 3705, Maine Tower 9
Flat 3705, Maine Tower 9
Description & Estimates
Public records show Flat 3705, Maine Tower 9 to be a modern leasehold apartment with 1,054 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 3705, Maine Tower 9 has an estimated sale value of £850,467 and an estimated rental value of £3,840 per month, assuming reasonable condition and based on the information available.
The apartment sits within Maine Tower, Harbour Way, London, E14.
Harbour Way, London, E14 lies in the borough of Tower Hamlets, within the E14 postal district.
Our Data Sources
Flat 3705, Maine Tower 9 has a single entry in the Land Registry from October 2020 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.
Price Range & Condition
In very good condition, we estimate Flat 3705, Maine Tower 9 would be worth £892,990, with a potential rental value of £4,032 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £790,934, with a rental value of £3,571 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 3705, Maine Tower 9 has fallen by £34,768 (4.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £200 (5.2%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
Flat 3705, 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.
Sold Prices
Flat 3705, Maine Tower 9 last changed hands on 26th October 2020, selling for £1,265,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 43.4% since October 2020.
- Sold Oct 2020£1,265,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 140 metres of Flat 3705, Maine Tower 9 across the last 2 years.
Most recently, Flat 3302, Maine Tower 9, Harbour Way, London, E14 9DN, a leasehold flat, sold at £900,000 on the 20th December 2021.
Read more about house prices in E14.
- Sold Dec 2021£900,000 | 3 Bed FlatMaine Tower 9, Harbour WayFlat 3302, Maine Tower 9, Harbour Way, London, E14 9DN
- Sold Oct 2021£920,000 | 3 Bed FlatMaine Tower 9, Harbour WayFlat 3602, Maine Tower 9, Harbour Way, London, E14 9DN
- Sold Sep 2021£915,000 | 3 Bed FlatMaine Tower 9, Harbour WayFlat 3402, Maine Tower 9, Harbour Way, London, E14 9DN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 3705, Maine Tower 9 as the 92nd largest and the 29th most expensive of the 658 addresses on Harbour Way, London, E14.
Against the E14 postcode district average, it is £376k more expensive than the typical property.
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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
South Quay station is the nearest stop to Flat 3705, Maine Tower 9 at 300 metres away.
- 300mSouth Quay
- 400mHeron Quays
- 500mCanary Wharf
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
