Flats/Maisonettes

NEW PROVIDENCE WHARF

1 FLAT 124 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PX

£270,000

Location

Map view View on Google Maps View on OpenStreetMap Street View E14 9PX

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Riverside Store	0.1 miles
Bus stop	Baffin Way	0.1 miles
Train station	Blackwall	0.2 miles
University	University of Greenwich	1.6 miles
Hospital	A&E Department	2.0 miles

Property details

Tenure

Leasehold

Property type

Flat

Last sold

£270,000 Sep 2004

Local average

£501,061 (228 sales)

Street crime

1280 incidents within 1 mile (Apr 2026)

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Price history

Event	Date	Price	Type	% change	Today’s value (HPI)	Action
Sold	03/09/2004	£270,000	Flat	—	£490,000 to April 2026	View transaction

Historic listings

Checking public listings for past sale and let events matched to this address. Refresh in a few minutes.

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address	Price	Date	Type
NEW PROVIDENCE WHARF, 1 FLAT 738 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PX	£335,000	27/03/2026	Flat
CHARRINGTON TOWER, 11 APARTMENT 1105 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BE	£430,000	19/01/2026	Flat
CHARRINGTON TOWER, 11 APARTMENT 305 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9AY	£400,000	09/01/2026	Flat
NEW PROVIDENCE WHARF, 1 FLAT 1419 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PW	£550,000	06/01/2026	Flat
ONTARIO TOWER, 4 FLAT 1710 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9JB	£300,100	19/12/2025	Flat
NEW PROVIDENCE WHARF, 1 FLAT 1002 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PA	£525,000	19/12/2025	Flat
CHARRINGTON TOWER, 11 APARTMENT 2502 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BF	£265,000	19/12/2025	Flat
NEW PROVIDENCE WHARF, 1 FLAT 1231 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QJ	£345,000	17/12/2025	Flat
NEW PROVIDENCE WHARF, 1 FLAT 824 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PL	£235,000	16/12/2025	Flat
CHARRINGTON TOWER, 11 APARTMENT 2805 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BF	£656,000	12/12/2025	Flat
NEW PROVIDENCE WHARF, 1 FLAT 733 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PX	£325,000	12/12/2025	Flat
NEW PROVIDENCE WHARF, 1 FLAT 621 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PF	£345,000	05/12/2025	Flat
ONTARIO TOWER, 4 FLAT 803 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9JA	£255,000	02/12/2025	Flat
NEW PROVIDENCE WHARF, 1 FLAT 1323 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PW	£590,000	01/12/2025	Flat
MICHIGAN BUILDING, 2 FLAT 207 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QT	£325,000	14/11/2025	Flat
NEW PROVIDENCE WHARF, 1 FLAT 330 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PX	£1,246,000	08/07/2025	Flat
CHARRINGTON TOWER, 11 APARTMENT 2809 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BF	£542,500	28/03/2025	Flat
CHARRINGTON TOWER, 11 APARTMENT 2209 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BF	£495,000	07/02/2025	Flat
NEW PROVIDENCE WHARF, 1 FLAT 825 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PL	£445,000	29/11/2024	Flat
NEW PROVIDENCE WHARF, 1 FLAT 825 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PL	£445,000	29/11/2024	Flat

Area average: £452,730 (20 sales)

For sale comparables

Active for-sale listings within 1 mile, matched to the same property type. Bedroom counts vary — use the Beds column to compare like-for-like.

Address	Price	Beds	Type	Distance
One Park Drive, Canary Wharf, E14	£1,630,000	2	Flat	0.54 mi
1 Park Drive, London	£750,000	1	Flat	0.54 mi
Stoneyard Lane, Poplar, London,E14	£340,000	2	Flat	0.65 mi

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -30.9%

10y growth 3%

House Price Index (HM Land Registry — official index, not sold-price averages): Tower Hamlets. Series: Flats and maisonettes. As of April 2026.

1y (index) -12.8%

5y (index) -17.7%

10y (index) -9.6%

Rental Range

Estimated market rent for Tower Hamlets. Low = conservative, Realistic = average, Optimistic = best case.

Low £2,177/mo

Realistic £2,419/mo

Optimistic £2,661/mo

Based on Local Authority from postcode lookup → Tower Hamlets.

LHA (30th percentile) floor for Inner East London: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
Studio Flat, New Providence Wharf, E14	£1,647/mo	1	0 miles	OpenRent
1 Bed Flat, New Providence Wharf, E14	£1,989/mo	1	0 miles	OpenRent
3 Bed Flat, New Providence Wharf, E14	£4,250/mo	3	0 miles	OpenRent
Studio Flat, Fairmont Avenue, E14	£1,800/mo	1	0.04 miles	OpenRent
2 Bed Flat, New Providence Wharf, E14	£3,302/mo	2	0.04 miles	OpenRent
Studio Flat, Ontario Tower, E14	£1,750/mo	1	0.05 miles	OpenRent
Studio Flat, Ontario Tower, E14	£1,825/mo	1	0.05 miles	OpenRent
1 Bed Flat, Ontario Tower, E14	£2,275/mo	1	0.06 miles	OpenRent
Studio Flat, Biscayne Avenue, E14	£2,000/mo	1	0.06 miles	OpenRent
Studio Flat, Ontario Tower, E14	£1,955/mo	1	0.06 miles	OpenRent
2 Bed Flat, Corona Building, E14	£2,300/mo	2	0.09 miles	OpenRent
2 Bed Flat, Aurora Building, E14	£2,700/mo	2	0.09 miles	OpenRent
2 Bed Flat, Aurora Building, E14	£3,000/mo	2	0.09 miles	OpenRent
1 Bed Flat, Aurora Building, E14	£1,950/mo	1	0.1 miles	OpenRent
1 Bed Flat, Wingfield Court, E14	£2,000/mo	1	0.17 miles	OpenRent
1 Bed Flat, Naval Row, E14	£1,650/mo	1	0.21 miles	OpenRent
2 Bed Flat, Romney House, E14	£1,995/mo	2	0.21 miles	OpenRent
2 Bed Flat, Royal Captain Court, E14	£1,200/mo	2	0.21 miles	OpenRent

Average rent: £2,199/mo (18 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.74%

Max investor price (0.8%) £249,000

Target investor price (1%) £199,200

Gross yield 8.9%

Cost-to-rent ratio 11.3×

Monthly cashflow £705/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 10.8%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Street-level crime

Category	Count
Anti-social behaviour	284
Violence and sexual offences	280
Shoplifting	110
Vehicle crime	108
Other theft	91
Theft from the person	88
Drugs	76
Burglary	57
Criminal damage and arson	55
Public order	51
Robbery	42
Bicycle theft	17
Other crime	12
Possession of weapons	9
Total incidents	1280

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Mulberry Wood Wharf Primary School	Primary	0.3 miles	— (No rating)
Woolmore Primary School	Primary	0.4 miles	Outstanding — 16 Nov 2022
Culloden Primary - A Paradigm Academy	Primary	0.5 miles	Outstanding — 21 Jul 2015
Ravensbourne	Other	0.5 miles	— (No rating)
New City College	Other	0.6 miles	— (No rating)

FENSA

Checking FENSA certificates for this address. Refresh in a few minutes.

# NEW PROVIDENCE WHARF, 1 FLAT 124 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PX

## Property details

- Slug: `b00faf8` (address key hash: `b00faf87885dd332fa32efa6ec7c4563ee697d70`)
- Postcode: E14 9PX
- Transactions on record: 1

- Tenure: Leasehold
- Property type: Flat
- Last sold: £270,000 Sep 2004
- Local average: £501,061 (228 sales)
- Street crime: 1280 incidents within 1 mile (Apr 2026)

## Latest sale

- Price: £270,000
- Date: 2004-09-03
- Type: F
- Tenure: L

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2004-09-03 | £270,000 | Flat | — | £490,000 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/31fef3b7-7691-49c3-bcfd-55d8898cd7e9) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| NEW PROVIDENCE WHARF, 1 FLAT 124 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PX | £270,000 | 03/09/2004 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| NEW PROVIDENCE WHARF, 1 FLAT 738 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PX | £335,000 | 27/03/2026 | Flat |
| CHARRINGTON TOWER, 11 APARTMENT 1105 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BE | £430,000 | 19/01/2026 | Flat |
| CHARRINGTON TOWER, 11 APARTMENT 305 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9AY | £400,000 | 09/01/2026 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 1419 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PW | £550,000 | 06/01/2026 | Flat |
| ONTARIO TOWER, 4 FLAT 1710 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9JB | £300,100 | 19/12/2025 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 1002 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PA | £525,000 | 19/12/2025 | Flat |
| CHARRINGTON TOWER, 11 APARTMENT 2502 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BF | £265,000 | 19/12/2025 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 1231 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QJ | £345,000 | 17/12/2025 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 824 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PL | £235,000 | 16/12/2025 | Flat |
| CHARRINGTON TOWER, 11 APARTMENT 2805 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BF | £656,000 | 12/12/2025 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 733 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PX | £325,000 | 12/12/2025 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 621 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PF | £345,000 | 05/12/2025 | Flat |
| ONTARIO TOWER, 4 FLAT 803 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9JA | £255,000 | 02/12/2025 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 1323 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PW | £590,000 | 01/12/2025 | Flat |
| MICHIGAN BUILDING, 2 FLAT 207 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QT | £325,000 | 14/11/2025 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 330 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PX | £1,246,000 | 08/07/2025 | Flat |
| CHARRINGTON TOWER, 11 APARTMENT 2809 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BF | £542,500 | 28/03/2025 | Flat |
| CHARRINGTON TOWER, 11 APARTMENT 2209 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BF | £495,000 | 07/02/2025 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 825 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PL | £445,000 | 29/11/2024 | Flat |
| NEW PROVIDENCE WHARF, 1 FLAT 825 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PL | £445,000 | 29/11/2024 | Flat |

**Area average:** £452,730 (20 sales)

## For sale comparables

*Active for-sale listings within 1 mile, matched to the same property type. Bedroom counts vary — use the Beds column to compare like-for-like.*

| Address | Price | Beds | Type | Distance |
|---------|-------|------|------|----------|
| [One Park Drive, Canary Wharf, E14 ](http://87.117.209.195:8080/listings/fec4a06) | £1,630,000 | 2 | Flat | 0.54 mi |
| [1 Park Drive, London](http://87.117.209.195:8080/listings/46fc25e) | £750,000 | 1 | Flat | 0.54 mi |
| [Stoneyard Lane, Poplar, London,E14](http://87.117.209.195:8080/listings/179e669) | £340,000 | 2 | Flat | 0.65 mi |

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -30.9%
- **10y growth:** 3%

## House Price Index (HM Land Registry)

*Official index for Tower Hamlets; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -12.8%
- **5y growth (index):** -17.7%
- **10y growth (index):** -9.6%

## Rental Range

*ONS Price Index of Private Rents (Tower Hamlets). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £2,177/mo
- **Realistic:** £2,419/mo
- **Optimistic:** £2,661/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Inner East London (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| Studio Flat, New Providence Wharf, E14 | £1,647/mo | 1 | 0 miles | OpenRent |
| 1 Bed Flat, New Providence Wharf, E14 | £1,989/mo | 1 | 0 miles | OpenRent |
| 3 Bed Flat, New Providence Wharf, E14 | £4,250/mo | 3 | 0 miles | OpenRent |
| Studio Flat, Fairmont Avenue, E14 | £1,800/mo | 1 | 0.04 miles | OpenRent |
| 2 Bed Flat, New Providence Wharf, E14 | £3,302/mo | 2 | 0.04 miles | OpenRent |
| Studio Flat, Ontario Tower, E14 | £1,750/mo | 1 | 0.05 miles | OpenRent |
| Studio Flat, Ontario Tower, E14 | £1,825/mo | 1 | 0.05 miles | OpenRent |
| 1 Bed Flat, Ontario Tower, E14 | £2,275/mo | 1 | 0.06 miles | OpenRent |
| Studio Flat, Biscayne Avenue, E14 | £2,000/mo | 1 | 0.06 miles | OpenRent |
| Studio Flat, Ontario Tower, E14 | £1,955/mo | 1 | 0.06 miles | OpenRent |
| 2 Bed Flat, Corona Building, E14 | £2,300/mo | 2 | 0.09 miles | OpenRent |
| 2 Bed Flat, Aurora Building, E14 | £2,700/mo | 2 | 0.09 miles | OpenRent |
| 2 Bed Flat, Aurora Building, E14 | £3,000/mo | 2 | 0.09 miles | OpenRent |
| 1 Bed Flat, Aurora Building, E14 | £1,950/mo | 1 | 0.1 miles | OpenRent |
| 1 Bed Flat, Wingfield Court, E14 | £2,000/mo | 1 | 0.17 miles | OpenRent |
| 1 Bed Flat, Naval Row, E14 | £1,650/mo | 1 | 0.21 miles | OpenRent |
| 2 Bed Flat, Romney House, E14 | £1,995/mo | 2 | 0.21 miles | OpenRent |
| 2 Bed Flat, Royal Captain Court, E14 | £1,200/mo | 2 | 0.21 miles | OpenRent |

**Average rent: £2,199/mo (18 listings)**

## 1% Rule

- **Rent ratio:** 0.74% (weak for cashflow)
- **Max investor price (0.8%):** £249,000
- **Target investor price (1%):** £199,200

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,992/mo).*

- **Gross yield:** 8.9%
- **Cost-to-rent:** 11.3×
- **Monthly cashflow:** £705/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 10.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Anti-social behaviour | 284 |
| Violence and sexual offences | 280 |
| Shoplifting | 110 |
| Vehicle crime | 108 |
| Other theft | 91 |
| Theft from the person | 88 |
| Drugs | 76 |
| Burglary | 57 |
| Criminal damage and arson | 55 |
| Public order | 51 |
| Robbery | 42 |
| Bicycle theft | 17 |
| Other crime | 12 |
| Possession of weapons | 9 |
| **Total incidents** | **1280** |

*Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Mulberry Wood Wharf Primary School | Primary | 0.3 miles | — (No rating) |
| Woolmore Primary School | Primary | 0.4 miles | Outstanding — 16 Nov 2022 |
| Culloden Primary - A Paradigm Academy | Primary | 0.5 miles | Outstanding — 21 Jul 2015 |
| Ravensbourne | Other | 0.5 miles | — (No rating) |
| New City College | Other | 0.6 miles | — (No rating) |