Flat 2004, Heritage Tower 118
Flat 2004, Heritage Tower 118
Description & Estimates
Flat 2004, Heritage Tower 118 is recorded publicly as a modern leasehold apartment across 538 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 2004, Heritage Tower 118 is £431,793 and its rental estimate is £2,283 per month, given the available information and assuming reasonable condition.
Heritage Tower, East Ferry Road is a residential building on East Ferry Road, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 2004, Heritage Tower 118 has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 2004, Heritage Tower 118, we estimate a market value of £453,383 and a rental value of £2,397 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £401,568 and £2,123 per month respectively.
Recent Market Change
Over the last year, Flat 2004, Heritage Tower 118 has seen its estimated sale value drop by £20,580 (4.8%) and its estimated rental value rise by £94 per month (4.1%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 2004, Heritage Tower 118 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Nov 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 2004, Heritage Tower 118 completed on 4th February 2019 at £513,475 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 24.4% over the period since February 2019.
- Sold Feb 2019£513,475
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2004, Heritage Tower 118 have sold within a radius of 180 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th January 2025, was Flat 2304, Heritage Tower 118, East Ferry Road, London, E14 3PT, a leasehold flat which sold for £470,000.
Read more about house prices in E14.
- Sold Jan 2025£470,000 | 2 Bed FlatHeritage Tower 118, East Ferry RoadFlat 2304, Heritage Tower 118, East Ferry Road, London, E14 3PT
- Sold Oct 2024£499,650 | 2 Bed FlatHeritage Tower 118, East Ferry RoadFlat 807, Heritage Tower 118, East Ferry Road, London, E14 3NW
- Sold Aug 2022£490,000 | 1 Bed FlatHeritage Tower 118, East Ferry RoadFlat 1904, Heritage Tower 118, East Ferry Road, London, E14 3PT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 462 addresses on East Ferry Road, London, E14, Flat 2004, Heritage Tower 118 comes out as the 423rd largest and the 215th most expensive in our analysis of the public data.
It is also £43k less expensive than the average property across the E14 district.
More reading links
Schools Nearby
- 400mCubitt Town Primary School
- 700mMulberry Wood Wharf Primary School
- 700mSeven Mills Primary School
- 300mCanary Wharf College Crossharbour
- 1.1kmGeorge Green's School
- 2.0kmLangdon Park Community School
More reading links
Public Transport Nearby
From Flat 2004, Heritage Tower 118, the nearest station is Crossharbour, 100 metres away.
- 100mCrossharbour
- 400mSouth Quay
- 700mMudchute
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
