Property profile

4 Falcon Way

Map showing 4 Falcon Way, London

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£315,000

Flats sold in Island Gardens

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold12 Dec 2005
£222,500Change since last sale: +£91,000 (+41%)
Annualised change
+1.7% per yearTower Hamlets annualised change (flats) since 2005: +3.0% per yearThis property's value grew slower than the market
Price per sq ftLocal median £573 per sq ft
£530 per sq ftEstimate vs local median: −£42 per sq ft (−7.4%)
Local sold pricesMedian for flats in Island Gardens
£378,500Estimate vs local median: −£65,000 (−17%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / Detached
TenureLeasehold
Construction period1996-2002
Floor area55 m² / 592 sq ft
Rooms2 habitable / 2 heated
Floor level2
EPC ratingC
EPC inspection27 Nov 2021

Sales history

DatePriceChange
12 Dec 2005£222,500-

Local market

Property prices in Island Gardens

Median price£442,500
Price per sq ft£615
Sales (last 12 months)99
Typical range (middle 50%)£340K – £627K

Based on 99 recent sales, the median property price is £442,500 (about £615 per square foot) in Island Gardens area, with individual transactions ranging from £125,000 up to £1,210,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Island Gardens over the last year.
TypeSalesMedian£/sq ft
Terraced22£790,000£689
Semi-Detached5£715,000£867
Flats72£378,500£573

10-year price trendmedian sale price in Island Gardens

Sale price

Ten year median sale price trend for each property type in Island Gardens.
YearFlatsSemi-DetachedTerraced
2016£425,000£735,000£622,500
2017£440,000£1,170,000£690,000
2018£440,000£730,500£680,000
2019£470,000£835,000£662,500
2020£415,000£691,944
2021£419,000£689,250£707,500
2022£453,000£800,000£755,500
2023£406,000£860,051£685,000
2024£403,750£775,000£715,000
2025£402,000£753,000£782,500
2026£353,750£715,000£745,000
Ten year median sale price trend for each property type in Island Gardens.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Island Gardens.
YearFlatsSemi-DetachedTerraced
2016£656£690£670
2017£654£675£636
2018£615£526£670
2019£660£935£675
2020£634£728
2021£633£757£747
2022£639£941£749
2023£643£911£860
2024£646£857£653
2025£576£886£727
2026£638£867£615
Ten year median sale price per square foot trend for each property type in Island Gardens.

Price distribution by property typelast 12 months

Price distribution by property type for Island Gardens in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near E14 9UP.

Recent sold properties in the last 18 months near E14 9UP
DateAddressTypeTenurePriceMap
12 Mar 202645, Whiteadder Way, London, E14 9URFlatsLeasehold£550,000
22 Apr 202651, Undine Road, London, E14 9UWFlatsLeasehold£550,000
16 Mar 202650, Undine Road, London, E14 9UWFlatsLeasehold£500,000
30 Jan 202642, Undine Road, London, E14 9UWFlatsLeasehold£470,000
30 Jan 202618, Undine Road, London, E14 9UWFlatsLeasehold£340,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1 Falcon Way, LondonLeasehold55 m²£496,000 (2022)
2, Falcon Way, LondonLeasehold55 m²£165,000 (2002)
3 Falcon Way, LondonLeasehold55 m²£249,500 (2010)
5, Falcon Way, LondonLeasehold55 m²£498,000 (2022)
6, Falcon Way, LondonLeasehold54 m²£127,500 (2000)
7 Falcon Way, LondonLeasehold57 m²£495,000 (2023)
8 Falcon Way, LondonLeasehold56 m²£420,000 (2021)
9 Falcon Way, London-61 m²-
10, Falcon Way, London-62 m²-
11, Falcon Way, LondonLeasehold76 m²£570,000 (2016)

Area insights for E14 9UP

Full area profile →

Overview

Postcode E14 9UP is located in a major urban area, within the Island Gardens ward of Tower Hamlets in the London region, and forms part of the Millwall South area. It has low deprivation and very low crime levels, with around 38.7 crimes per 1,000 residents per year, about 70% below the London average of 130 per 1,000. The average income per household in Millwall South is £85,624 per year. The nearest station is Mudchute, about 0.1 miles away. There are 7 primary and 2 secondary schools in the area. There are 7 parks nearby, the closest large park is Mudchute Park & Farm.

Crime rate
2/10
Crimes per 1k residents
39
Deprivation level
4/10
Income level
8/10
Social housing
6.8%
Connectivity
6/10
Flood Risk
No risk
Noise Level
No noise

Deprivation level

4/10

Millwall South has a low level of deprivation, ranked at position 23,276 out of 32,844 areas in the United Kingdom, placing it within the bottom 29% least deprived areas in England.

Crime level

2/10

Millwall South has a very low crime rate, with approximately 38.7 reported incidents per 1,000 population each year.

Social housing

6.8%

Approximately 6.8% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 21.1% of dwellings are socially rented.

Income level

8/10

The average income per household in Millwall South is £85,624 per year.

Noise Level

No noise

No significant noise sources from railways or roads near E14 9UP.

Flood risk

No risk

Millwall South near E14 9UP has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

6/10

The nearest station is Mudchute located about 0.1 miles away. There are 5 stations nearby.

Nearby public transport stations for E14 9UP
DistanceZoneNameLinesDirections
0.1 mi

2

Mudchute

DLR

Walking directions to Mudchute
0.3 mi

2

Crossharbour and London Arena

DLR

Walking directions to Crossharbour and London Arena
0.4 mi

2

Island Gardens

DLR

Walking directions to Island Gardens

Parks

Nearby parks and green spaces for E14 9UP
DistanceNameSizeDirections
0.2 miMudchute Park & FarmLargeWalking directions to Mudchute Park & Farm
0.3 miMillwall ParkLargeWalking directions to Millwall Park
0.5 miIsland GardensSmallWalking directions to Island Gardens

Area Profile

Population
391
Population density
9,421.7 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
16.57(-47%)
Anti-social behaviour
12.56(-53%)
Other theft
3.52(-69%)
Drugs
3.01(-51%)
Vehicle crime
3.01(-68%)
London average

Demographics

Ethnic groups

Other White
124
31.96%
British
81
20.88%
Chinese
34
8.76%
Indian
30
7.73%
Other
25
6.44%
Total population: 388

Economics

Education (age 16+)

Level 4+ (Degree)
249
75.91%
Level 3 (A level)
38
11.59%
Level 2 (GCSEs 9-4)
14
4.27%
Other
13
3.96%
No qualifications
10
3.05%
Total 16+ residents: 328

Housing

Housing tenure

Private landlord or letting agency
93
48.44%
Owns with a mortgage
39
20.31%
Owns outright
23
11.98%
Shared ownership
16
8.33%
Other social rented
9
4.69%
Total households: 192

Schools

In the E14 9UP postcode area, located within Millwall South, there are 7 primary and 2 secondary schools in close proximity.

Nearby primary and secondary schools for E14 9UP
DistancePhaseNameTypeRating
0.2 miSecondaryCanary Wharf College CrossharbourFree schools

Good

0.2 miPrimaryCanary Wharf College, East FerryFree schools

Good

0.2 miPrimaryHarbinger Primary SchoolCommunity school

Good

Local amenities

15 nearby supermarkets & convenience stores within mi of E14 9UP

Nearby supermarkets & convenience stores for E14 9UP
DistanceNameAddressDirections
0.2 miAsda151 East Ferry Road, London, E14 3BTWalking directions to Asda
0.3 miWest Quay News371-375 Westferry Road, London, E14 3RHWalking directions to West Quay News
0.3 miTesco ExpressWestward Parade, London, E14 9DZWalking directions to Tesco Express
0.4 miPremier Express176 Westferry Road, London, E14 3RYWalking directions to Premier Express
0.4 miFodal Oriental Supermarket156 Westferry Road, London, E14 3QAWalking directions to Fodal Oriental Supermarket