Flats/Maisonettes

NEW PROVIDENCE WHARF

1 FLAT 233 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PX

£455,000

Location

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

£455,000 Jun 2016

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 29/06/2016 £455,000 Flat £426,926 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
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
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 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
NEW PROVIDENCE WHARF, 1 FLAT 733 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PX £325,000 12/12/2025 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 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 0.44%
Max investor price (0.8%) £249,000
Target investor price (1%) £199,200
Gross yield 5.3%
Cost-to-rent ratio 19×
Monthly cashflow £-24/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -0.2%
  • 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.