Flat 401, Maine Tower 9
Flat 401, Maine Tower 9
Description & Estimates
Flat 401, Maine Tower 9 is recorded publicly as a modern leasehold apartment across 721 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 401, Maine Tower 9 is £636,028 and its rental estimate is £2,922 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 401, Maine Tower 9 has a single entry in the Land Registry from April 2020 and a single entry in the EPC database dated October 2019.
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 401, Maine Tower 9, we estimate a market value of £667,829 and a rental value of £3,068 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £591,506 and £2,717 per month respectively.
Recent Market Change
Over the last year, Flat 401, Maine Tower 9 has seen its estimated sale value decline by £25,501 (4.0%) and its estimated rental value climb by £130 per month (4.4%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
Flat 401, Maine Tower 9 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Oct 2019.
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 401, Maine Tower 9 completed on 14th April 2020 at £660,000 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 35.7% over the period since April 2020.
- Sold Apr 2020£660,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 401, 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 26th October 2023, was Flat 2607, Maine Tower 9, Harbour Way, London, E14 9DN, a leasehold flat which sold for £745,000.
Read more about house prices in E14.
- Sold Oct 2023£745,000 | 2 Bed FlatFlat 2607, Maine Tower 9, Harbour Way, London, E14 9DNFlat 2607, Maine Tower 9, Harbour Way, London, E14 9DN
- Sold Sep 2023£610,000 | 2 Bed FlatFlat 501, Maine Tower 9, Harbour Way, London, E14 9DXFlat 501, Maine Tower 9, Harbour Way, London, E14 9DX
- Sold Feb 2023£905,000 | 2 Bed FlatFlat 2603, Maine Tower 9, Harbour Way, London, E14 9DNFlat 2603, 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
Of the 658 addresses on Harbour Way, London, E14, Flat 401, Maine Tower 9 comes out as the 321st largest and the 103rd most expensive in our analysis of the public data.
It is also £161k 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 401, 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.
