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Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 162, Berkeley Tower 48 is £1,202,180 and the estimated rental value is £5,103 per month.
The apartment is within Berkeley Tower, Westferry Circus, London, E14.
Westferry Circus, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Apartment 162, Berkeley Tower 48 has 21 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated June 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Apartment 162, Berkeley Tower 48 is in very good condition we estimate a sale value of £1,262,289 and a rental value of £5,358 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,118,028 and a rental value of £4,746 per month.
Over the past 12 months, the estimated sale value of Apartment 162, Berkeley Tower 48 has decreased by £49,146 (4.1%), while its estimated rental value has grown by £265 per month (5.2%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Apartment 162, Berkeley Tower 48 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jun 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme with CHP.
According to HM Land Registry, Apartment 162, Berkeley Tower 48 was last sold on 10th October 2019 for £1,270,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2019, the market for similar properties has dropped by 45.4%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 162, Berkeley Tower 48 within a radius of 410 metres over the last 2 years.
The most recent example is Flat 46, Dunbar Wharf 108-124, Narrow Street, London, E14 8BB, a leasehold flat which sold for £1,600,000 on the 5th December 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westferry Circus, London, E14 has a total of 333 addresses. According to our analysis of all the public data, Apartment 162, Berkeley Tower 48 is the 45th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £727k more expensive than the average property in E14.
The closest station to Apartment 162, Berkeley Tower 48 is Westferry station, which is 300 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 162, Berkeley Tower 48, 46.6% of property is privately rented and 25.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Apartment 162, Berkeley Tower 48, 11.5% of residents are recorded as possessing school level qualifications and 71.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Apartment 162, Berkeley Tower 48, the average age was 32.5 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Apartment 162, Berkeley Tower 48, 5.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Apartment 162, Berkeley Tower 48, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.