Flat 3805, Maine Tower 9
Flat 3805, Maine Tower 9
Description & Estimates
Flat 3805, Maine Tower 9 is recorded publicly as a modern leasehold apartment across 957 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 3805, Maine Tower 9 is £793,727 and its rental estimate is £3,636 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 3805, Maine Tower 9 has a single entry in the Land Registry from December 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
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 3805, Maine Tower 9, we estimate a market value of £833,413 and a rental value of £3,818 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £738,166 and £3,382 per month respectively.
Recent Market Change
Over the last year, Flat 3805, Maine Tower 9 has seen its estimated sale value move down by £32,448 (4.1%) and its estimated rental value increase by £189 per month (5.2%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
Flat 3805, 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
The most recent sale of Flat 3805, Maine Tower 9 completed on 17th December 2020 at £1,150,000 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 43.3% over the period since December 2020.
- Sold Dec 2020£1,150,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3805, 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 8th October 2020, was Flat 3802, Maine Tower 9, Harbour Way, London, E14 9DD, a leasehold flat which sold for £1,060,000.
Read more about house prices in E14.
- Sold Oct 2020£1,060,000 | 3 Bed FlatMaine Tower 9, Harbour WayFlat 3802, Maine Tower 9, Harbour Way, London, E14 9DD
- Sold Sep 2020£1,125,000 | 3 Bed FlatMaine Tower 9, Harbour WayFlat 2905, Maine Tower 9, Harbour Way, London, E14 9DN
- Sold Aug 2020£950,000 | 3 Bed FlatMaine Tower 9, Harbour WayFlat 2902, Maine Tower 9, Harbour Way, London, E14 9DN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 658 addresses on Harbour Way, London, E14, Flat 3805, Maine Tower 9 comes out as the 130th largest and the 47th most expensive in our analysis of the public data.
It is also £319k more expensive than the average property across the E14 district.
More reading links
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 3805, Maine Tower 9, the nearest station is South Quay, 300 metres away.
- 300mSouth Quay
- 400mHeron Quays
- 500mCanary Wharf
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
