Sold STC Flat

FLAT 1619

NEW PROVIDENCE WHARF, 1, FAIRMONT AVENUE, LONDON, GREATER LONDON E14 9QJ

1 beds 1 baths 495 sq ft Listed 4 May 2023 (-1187d)

£375,000

Reduced on 27 May 2025

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# 1 bedroom apartment for sale (E14 9QJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 1619, NEW PROVIDENCE WHARF, 1, FAIRMONT AVENUE, LONDON, GREATER LONDON E14 9QJ |
| Price | £375,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Construction age | England and Wales: 2003-2006 |
| Floor area | 46 m² |
| Last sold | £375,000 Mar 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 22/12/2030
- **Current heating cost:** £78/year
- **Est. upgrade cost to C:** £30

### Recommendations
- E (£30)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2121-1473-0154-2380-1121)

## Description

GUIDE PRICE: £375,000 - £400,000

This one bedroom apartment extends to 515 square feet and is extremely well laid-out. Set on the sixteenth floor the apartment benefits from an astounding amount of natural light in all principal rooms, the private balcony provides a pleasant outlook over the River Thames towards the o2 Arena.

New Providence Wharf is a prominent development built by Ballymore which helped set the standard of contemporary living in the Canary Wharf area. With a 24 hour concierge service, full gym, spa and swimming pool facilities on site, this development has a lot to offer its residents.

A plethora of shops, restaurants, cafés and dining options are available at Canary Wharf.

Blackwall DLR is a short walk away and Canary Wharf itself is a 14 minute walk which has access to the DLR, Jubilee Line and the new Elizabeth Line.

## Property Photos

- ![Photo](/listings/photos/134420825/1392162)
- ![Photo](/listings/photos/134420825/1392163)
- ![Photo](/listings/photos/134420825/1392164)
- ![Photo](/listings/photos/134420825/1392165)
- ![Photo](/listings/photos/134420825/1392166)
- ![Photo](/listings/photos/134420825/1392167)
- ![Photo](/listings/photos/134420825/1392168)
- ![Photo](/listings/photos/134420825/1392169)

## Floorplans

- ![Floorplan 1](/listings/photos/134420825/1392170) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/134420825/1392171) - EPC 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| NEW PROVIDENCE WHARF, 1 FLAT 1619 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9QJ | £375,000 | 27/03/2026 | 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 |
| 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 1002 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PA | £525,000 | 19/12/2025 | Flat |
| [Same street] 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 |
| CHARRINGTON TOWER, 11 APARTMENT 2909 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BF | £410,000 | 19/07/2024 | Flat |

**Street average:** £345,000 (1 sale)
**Area average:** £455,980 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £506,475 (242 Flat, E14, 2024–2026)
- **Deviation:** -26%

## Rental Range

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

- **Low:** £2,186/mo
- **Realistic:** £2,429/mo
- **Optimistic:** £2,672/mo

## LHA (Local Housing Allowance)

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

- **LHA floor (this property size):** £1,436/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, New Providence Wharf, E14 | £2,200/mo | 1 | 0.05 miles | OpenRent |
| Studio Flat, Ontario Tower, E14 | £1,750/mo | 1 | 0.06 miles | OpenRent |
| 1 Bed Flat, Ontario Tower, E14 | £2,275/mo | 1 | 0.07 miles | OpenRent |
| 1 Bed Flat, Biscayne Avenue, E14 | £2,500/mo | 1 | 0.08 miles | OpenRent |
| 1 Bed Flat, Naval Row, E14 | £1,700/mo | 1 | 0.21 miles | OpenRent |

**Average rent: £2,085/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.59% (weak for cashflow)
- **Max investor price (0.8%):** £275,000
- **Target investor price (1%):** £220,000

*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 £2,200/mo).*

- **Gross yield:** 7%
- **Cost-to-rent:** 14.2×
- **Monthly cashflow:** £478/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5.3%

*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).*

## Price per Square Metre

- **£/m²:** £8,721/m²

## Capital growth trend

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

- **5y growth:** -32.8%
- **10y growth:** -5.8%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -14.7%
- **5y growth (index):** -18.7%
- **10y growth (index):** -11.1%

## 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)

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Property details

Tenure

LEASEHOLD

Floor area

46 m²

EPC rating

Year built

England and Wales: 2003-2006

Last sold

£375,000 Mar 2026

Price per m²

£8,721/m²

Local average

£506,475 (-26%)

Deprivation

Decile 6 (18,498 of 33,755)

Street crime

1082 incidents within 1 mile (Jun 2026)

Key features

One Bedroom
Direct River & o2 Arena Views
24hr Concierge
Swimming Pool & Gym
Private Balcony
Excellent Transport

Description

GUIDE PRICE: £375,000 - £400,000

This one bedroom apartment extends to 515 square feet and is extremely well laid-out. Set on the sixteenth floor the apartment benefits from an astounding amount of natural light in all principal rooms, the private balcony provides a pleasant outlook over the River Thames towards the o2 Arena.

New Providence Wharf is a prominent development built by Ballymore which helped set the standard of contemporary living in the Canary Wharf area. With a 24 hour concierge service, full gym, spa and swimming pool facilities on site, this development has a lot to offer its residents.

A plethora of shops, restaurants, cafés and dining options are available at Canary Wharf.

Blackwall DLR is a short walk away and Canary Wharf itself is a 14 minute walk which has access to the DLR, Jubilee Line and the new Elizabeth Line.

Listed by

Canary Wharf

Spicerhaart

Reference: 134420825

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 23/12/2020

Expiry date: 22/12/2030

Current heating cost: £78/year

Potential heating cost: £87/year

Est. upgrade cost to C: £30

Recommendations

Low energy lighting for all fixed outlets (£30)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC 1

Price history

Event	Date	Price	% change
Sold	27/03/2026 (4 months ago)	£375,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

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

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
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 1002 FAIRMONT AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9PA	£525,000	19/12/2025	Flat
Same street 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
CHARRINGTON TOWER, 11 APARTMENT 2909 BISCAYNE AVENUE, LONDON, TOWER HAMLETS, GREATER LONDON, E14 9BF	£410,000	19/07/2024	Flat

Street average: £345,000 (1 sale)

Area average: £455,980 (20 sales)

Capital growth trend

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

5y growth -32.8%

10y growth -5.8%

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

1y (index) -14.7%

5y (index) -18.7%

10y (index) -11.1%

Rental Range

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

Low £2,186/mo

Realistic £2,429/mo

Optimistic £2,672/mo

Based on Local Authority from postcode lookup → Tower Hamlets.

LHA (30th percentile) floor for Inner East London: £1,436/mo (Apr 2025 – Mar 2026)

Location

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

Address

1 Fairmont Avenue

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
Shop	P9 Card Game	0.1 miles
Train station	Blackwall	0.2 miles
Train station	East India	0.2 miles
University	University of Greenwich	1.6 miles
Hospital	A&E Department	2.0 miles
Hospital	Rainbow Ward	2.1 miles
University	Arden University Stratford Campus	2.5 miles

Street-level crime

Category	Count
Violence and sexual offences	300
Anti-social behaviour	213
Shoplifting	121
Other theft	104
Vehicle crime	93
Theft from the person	53
Drugs	51
Public order	45
Burglary	41
Robbery	31
Bicycle theft	19
Possession of weapons	7
Other crime	4
Total incidents	1082

Within 1 mile during Jun 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
Ravensbourne	Other	0.5 miles	— (No rating)
Culloden Primary - A Paradigm Academy	Primary	0.5 miles	Outstanding — 21 Jul 2015
Faraday School	Other	0.6 miles	— (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Flat, New Providence Wharf, E14	£2,200/mo	1	0.05 miles	OpenRent
Studio Flat, Ontario Tower, E14	£1,750/mo	1	0.06 miles	OpenRent
1 Bed Flat, Ontario Tower, E14	£2,275/mo	1	0.07 miles	OpenRent
1 Bed Flat, Biscayne Avenue, E14	£2,500/mo	1	0.08 miles	OpenRent
1 Bed Flat, Naval Row, E14	£1,700/mo	1	0.21 miles	OpenRent

Average rent: £2,085/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.59%

Max investor price (0.8%) £275,000

Target investor price (1%) £220,000

Gross yield 7%

Cost-to-rent ratio 14.2×

Monthly cashflow £478/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 5.3%

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).

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