Sold STC Flat

FLAT 42

SLEAFORD HOUSE, FERN STREET, LONDON, GREATER LONDON E3 3PY

2 beds 1 baths 732 sq ft Listed 25 Sep 2024 (-633d)

£375,000

Reduced on 10 Oct 2024

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Property details

Tenure

LEASEHOLD

Floor area

68 m²

EPC rating

D

Year built

England and Wales: 1967-1975

Last sold

£365,000 Mar 2025

Price per m²

£5,515/m²

Local average

£436,010 (-14%)

Deprivation

Decile 1 (2,576 of 33,755)

Street crime

1493 incidents within 1 mile (Apr 2026)

Key features

  • Great location with great transport links
  • Close to local amenities
  • Lift
  • Ample kitchen
  • Lovely large reception room
  • Private balcony with views over Canary Wharf
  • 1 bathroom
  • Large bedrooms

Description

This is a super two bedroom duplex flat within a well maintained residential building (with lift) which enjoys a private balcony affording truly magnificent views of the Docklands skyline.

Beautifully proportioned throughout and arranged over two floors, this seventh and eighth floor flat also benefits from a fantastic private balcony with magnificent views towards the Docklands skyline. Located on a peaceful residential street, this property further comprises reception room, kitchen, two bedrooms, bathroom, separate WC and eighth floor landing with space to study. Fern Street is a quiet residential street just moments from the shops and amenities of Devons Road and Chrisp Street and also benefits from swift access to Canary Wharf and the business districts surrounding it. The nearest station is Devons Road (DLR), which is only a short distance away.

Fern Street is a quiet residential street just moments from the shops and amenities of Devons Road and Chrisp Street and also benefits from swift access to Canary Wharf and the business districts surrounding it.

Please use the reference CHPK0296660 when contacting Foxtons.

Listed by

Bow

Foxtons

Reference: 152982353

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 08/02/2013

Expiry date: 07/02/2023 (expired)

Current heating cost: £442/year

Potential heating cost: £263/year

Est. upgrade cost to C: £11,620

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Low energy lighting for all fixed outlets (£20)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan area for info only, not for £/sq. ft valuation

Floorplan area for info only, not for £/sq. ft valuation

Floorplan 2

Floorplan 2

EPC Graphs

EER

EER

Price history

637% since 2001

Event Date Price % change
Sold 28/03/2025 (1 year ago) £365,000 +637.4%
Sold 08/06/2001 (25 years ago) £49,500

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
88 SPANBY ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E3 4EN £253,000 09/01/2026 Flat
42 FLAT 1 BELTON WAY, LONDON, TOWER HAMLETS, GREATER LONDON, E3 4GA £353,000 05/01/2026 Flat
124 FERN STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3PR £405,000 19/12/2025 Flat
80 BOW COMMON LANE, LONDON, TOWER HAMLETS, GREATER LONDON, E3 4BD £550,000 24/02/2025 Flat
50 SPANBY ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E3 4EN £200,000 06/12/2024 Flat
COOMBE HOUSE, 17 APARTMENT 403 KNAPP ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E3 4BP £532,849 06/12/2024 Flat
Same street SLEAFORD HOUSE FLAT 50 FERN STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3PY £163,800 05/02/2024 Flat
SUMNER HOUSE FLAT 13 WATTS GROVE, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3RB £262,000 21/12/2023 Flat
Same street SLEAFORD HOUSE FLAT 23 FERN STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3PY £222,000 20/12/2023 Flat
MOLLIS HOUSE, 2A FLAT 11 GALE STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3RW £256,666 20/12/2023 Flat
76 SPANBY ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E3 4EN £213,000 31/10/2023 Flat
Same street SLEAFORD HOUSE FLAT 25 FERN STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3PY £194,444 27/07/2023 Flat
Same street SLEAFORD HOUSE FLAT 29 FERN STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3PY £194,444 27/07/2023 Flat
SLEAFORD HOUSE FLAT 85 FERN STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3PZ £194,444 27/07/2023 Flat
SLEAFORD HOUSE FLAT 93 FERN STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3PZ £194,444 27/07/2023 Flat
Same street SLEAFORD HOUSE FLAT 52 FERN STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3PY £199,000 30/06/2023 Flat
70 GALE STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3RP £346,000 30/06/2023 Flat
SLEAFORD HOUSE FLAT 73 FERN STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3PZ £210,000 06/04/2023 Flat
82 BELTON WAY, LONDON, TOWER HAMLETS, GREATER LONDON, E3 4BB £270,000 09/02/2023 Flat
GAYTON HOUSE FLAT 55 CHILTERN ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E3 4BX £290,000 19/12/2022 Flat
6 BROCK PLACE, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3QU £403,000 22/11/2022 Flat
BRACKEN HOUSE FLAT 16 DEVONS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3RG £330,000 02/11/2022 Flat
MOLLIS HOUSE, 2A FLAT 15 GALE STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3RW £238,162 01/11/2022 Flat
BRAMBLE HOUSE FLAT 25 DEVONS ROAD, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3RD £230,000 23/09/2022 Flat
86 BELTON WAY, LONDON, TOWER HAMLETS, GREATER LONDON, E3 4BB £274,464 16/09/2022 Flat
Same street SLEAFORD HOUSE FLAT 28 FERN STREET, LONDON, TOWER HAMLETS, GREATER LONDON, E3 3PY £230,000 27/07/2021 Flat

Street average: £200,615 (6 sales)

Area average: £300,301 (20 sales)

Capital growth trend

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

5y growth -1.5%
10y growth 4.9%

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

1y (index) -11.3%
5y (index) -16.5%
10y (index) -12%

Rental Range

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

Low £2,169/mo
Realistic £2,410/mo
Optimistic £2,651/mo

Based on Local Authority from postcode lookup → Tower Hamlets.

LHA (30th percentile) floor for Cambridge: £947/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Watts Grove 0.1 miles
Shop Bow Supermarket 0.1 miles
Shop Sylhet Fish and Meat Market 0.1 miles
Train station Devons Road 0.2 miles
Train station Bow Road 0.5 miles
University Arden University Stratford Campus 1.6 miles
University NTU London 2.0 miles
Hospital A&E Department 2.4 miles
Hospital Rainbow Ward 2.4 miles

Street-level crime

Category Count
Anti-social behaviour 342
Violence and sexual offences 322
Drugs 113
Theft from the person 103
Shoplifting 102
Vehicle crime 100
Criminal damage and arson 88
Public order 87
Other theft 61
Burglary 53
Robbery 49
Bicycle theft 33
Other crime 25
Possession of weapons 15
Total incidents 1493

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
The Clara Grant Primary School Primary 0.1 miles Good — 11 Jun 2014
Onelab College Other 0.2 miles (No rating)
St Paul's Way Trust School Other 0.2 miles Good — 13 Nov 2022
Stebon Primary School Primary 0.3 miles Outstanding — 26 Sep 2023
St Saviour's Church of England Primary School Primary 0.3 miles Outstanding — 9 Jun 2019

Rental Comparables

Loading rental comparables for this postcode. Refresh in a few minutes.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.64%
Max investor price (0.8%) £301,250
Target investor price (1%) £241,000
  • 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).