Flat 102, Ocean Wharf 60
Flat 102, Ocean Wharf 60
Description & Estimates
Flat 102, Ocean Wharf 60 appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a modern apartment with 956 ft2 of internal area and a balcony.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 102, Ocean Wharf 60 is £553,016 and its rental estimate is £3,234 per month, given the available information and assuming reasonable condition.
Ocean Wharf, Westferry Road is a residential building on Westferry Road, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 102, Ocean Wharf 60 has 21 entries in the Land Registry , most recently in October 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 102, Ocean Wharf 60, we estimate a market value of £580,667 and a rental value of £3,396 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £514,305 and £3,008 per month respectively.
Recent Market Change
Over the last year, Flat 102, Ocean Wharf 60 has seen its estimated sale value decrease by £22,608 (4.1%) and its estimated rental value grow by £168 per month (5.2%). This results in an estimated gross rental yield of 7.0%.
Sold Prices
The most recent sale of Flat 102, Ocean Wharf 60 completed on 10th October 2014 at £735,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 6.8% over the period since October 2014.
- Sold Oct 2014£735,000
- Sold Dec 2000£318,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 102, Ocean Wharf 60 have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th October 2024, was Flat 109, Ocean Wharf 60, Westferry Road, London, E14 8JF, a leasehold flat which sold for £535,000.
Read more about house prices in E14.
- Sold Oct 2024£535,000 | 3 Bed FlatOcean Wharf 60, Westferry RoadFlat 109, Ocean Wharf 60, Westferry Road, London, E14 8JF
- Sold Aug 2024£617,500 | 3 Bed FlatOcean Wharf 60, Westferry RoadFlat 101, Ocean Wharf 60, Westferry Road, London, E14 8JS
- Sold Jan 2024£712,500 | 3 Bed FlatOcean Wharf 60, Westferry RoadFlat 60, Ocean Wharf 60, Westferry Road, London, E14 8JS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 1341 addresses on Westferry Road, London, E14, Flat 102, Ocean Wharf 60 comes out as the 196th largest and the 264th most expensive in our analysis of the public data.
It is also £78k more expensive than the average property across the E14 district.
More reading links
Schools Nearby
- 200mSeven Mills Primary School
- 400mArnhem Wharf Primary School
- 800mRedriff Primary, City of London Academy
- 900mCanary Wharf College Crossharbour
- 1.1kmBacon's College
- 1.8kmGeorge Green's School
More reading links
Public Transport Nearby
From Flat 102, Ocean Wharf 60, the nearest station is Heron Quays, 700 metres away.
- 700mHeron Quays
- 700mSouth Quay
- 800mCanary Wharf
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
