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2 bed flat for sale

£465,000 (£716/sq. ft)

Fairfield Road, London E3

2 1 1 649 sq. ft*
Interested in this property? Call +44 20 3478 3594 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Chain Free
  • EPC D
  • 649sq ft (60.2sqm)
  • Close to Bow Church and Bow Road Tube
  • 24 Hour Concierge
  • Use of Pool and Gym

Property description

Second floor South West facing apartment set within the popular Bow Quarter development comprises a good size lounge area with an open plan kitchen on a raised level overlooking the living space. The apartment offers two double bedrooms one of which has a mezzanine level that can be used as the sleeping area or additional storage. Bow Quarter offers 24 hour concierge, convenience store, bar, restaurant and access to the leisure centre with a swimming pool, jacuzzi, sauna and gym. The development is a short walk from Bow Road tube station and Bow Church DLR.

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £478,686 Sales 440 Current average value £445,481 (Zoopla Zed-Index) Value change £15,678 ▲ 3.65%

Property value data/graphs for E3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £630,995 £638 3.2 £758,500
Semi-detached £753,609 £742 3.1 £811,250
Terraced £725,229 £685 3.1 £864,653
Flats £387,542 £614 2.0 £425,477

Current asking prices in E3

Average: £519,188
Avg. current asking prices in E3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £375,000
(1)
£641,357
(14)
£844,144
(24)
£1,013,325
(12)
£995,650
(6)
Flats £363,082
(110)
£481,574
(182)
£551,970
(87)
£473,333
(9)
-
All £363,190
(111)
£492,987
(196)
£615,143
(111)
£781,900
(21)
£995,650
(6)

Current asking rents in E3

Average: £1,567 pcm
Avg. current asking prices in E3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £796 pcm
(16)
£1,581 pcm
(6)
£2,432 pcm
(16)
£2,493 pcm
(20)
£3,633 pcm
(3)
Flats £1,166 pcm
(218)
£1,738 pcm
(176)
£2,226 pcm
(62)
£2,130 pcm
(33)
£2,775 pcm
(7)
All £1,140 pcm
(234)
£1,733 pcm
(182)
£2,268 pcm
(78)
£2,267 pcm
(53)
£3,032 pcm
(10)

Fun facts for E3

Highest value in E3
Highest value streets Zed-Index
Tredegar Square £1,256,632
Rhondda Grove £1,156,952
Tredegar Terrace £941,426
Morgan Street £935,388
Aberavon Road £888,339
Highest turnover in E3
Highest turnover streets Turnover
Richard Tress Way 183.3%
Axio Way 75.0%
Rainhill Way 54.9%
Ropery Street 45.5%
Eastside Mews 42.6%

What Zoopla users think of E3

Overall rating:

  • currently 4 stars
Very good - 77% (264 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate E3:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Bow Church (0.3 miles)
  • Bow Road (0.3 miles)
  • Pudding Mill Lane (0.4 miles)
  • London City Airport (3.8 miles)
  • London Heathrow Airport (19.3 miles)
  • London Stansted Airport (26.8 miles)
  • Canary Wharf Pier (1.8 miles)
  • East India Pier (1.9 miles)
  • Hilton Docklands Nelson Dock Pier (1.9 miles)

Nearby schools

View all schools in Tower Hamlets
  • St Agnes RC Primary School (0.3 miles)
  • Wellington Primary School (0.4 miles)
  • Malmesbury Primary School (0.4 miles)
  • London Academy of Excellence (1.1 miles)
  • East London Arts & Music (1.2 miles)
  • The Boxing Academy AP Free School (1.8 miles)
  • Phoenix School (0.3 miles)
  • Central Foundation Girls' School (0.4 miles)
  • Ian Mikardo School (0.6 miles)
Note: Distances are straight line measurements

Local info for Tower Hamlets

About the neighbours in E3

AskMe Q&A for Tower Hamlets

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

Arrange Viewing

For more information about this property, please contact
Oliver Jaques, E3 on +44 20 3478 3594 * (local rate)

Monthly running costs Beta

£1,907 Monthly total

Mortgage

Purchase price
Deposit (10%) 46,500
Repayment term 25
Interest rate 1.5
Your payment £1,673 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Contents value up to £75,000 Average insurance cost £16/mo (£194/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £31 Electricity £36 Estimated energy cost £67/mo

Similar properties could save up to £227

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 9500 kWh/year
Electricity: 2800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Tower Hamlets

Estimated tax band D Council tax cost £125 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £13 Sewerage £13 Estimated water cost £26 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Oliver Jaques, and do not constitute property particulars. Please contact Oliver Jaques for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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