Flat 25, Bowsprit Point 167
Flat 25, Bowsprit Point 167
Description & Estimates
Flat 25, Bowsprit Point 167 is recorded publicly as a mid-century leasehold apartment across 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 25, Bowsprit Point 167 is £263,819 and its rental estimate is £1,580 per month, given the available information and assuming reasonable condition.
Bowsprit Point, 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 25, Bowsprit Point 167 has 21 entries in the Land Registry , most recently in September 2018 and a single entry in the EPC database dated March 2017.
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 25, Bowsprit Point 167, we estimate a market value of £277,010 and a rental value of £1,659 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £245,351 and £1,470 per month respectively.
Recent Market Change
Over the last year, Flat 25, Bowsprit Point 167 has seen its estimated sale value drop by £10,577 (4.0%) and its estimated rental value rise by £70 per month (4.4%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Flat 25, Bowsprit Point 167 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 25, Bowsprit Point 167 completed on 6th September 2018 at £270,000 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 2.9% over the period since September 2018.
- Sold Sep 2018£270,000
- Sold Sep 2001£83,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 25, Bowsprit Point 167 have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th March 2019, was 71, Midship Point, London, E14 8SP, a leasehold flat which sold for £360,000.
Read more about house prices in E14.
- Sold Mar 2019£360,000 | 2 Bed FlatMidship Point71, Midship Point, London, E14 8SP
- Sold Sep 2018£259,950 | 2 Bed FlatBowsprit Point 167, Westferry RoadFlat 77, Bowsprit Point 167, Westferry Road, London, E14 8NU
- Sold Oct 2015£270,000 | 2 Bed FlatBowsprit Point 167, Westferry RoadFlat 17, Bowsprit Point 167, Westferry Road, London, E14 8NT
•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 25, Bowsprit Point 167 comes out as the 964th largest and the 1211th most expensive in our analysis of the public data.
It is also £211k less expensive than the average property across the E14 district.
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Schools Nearby
- 200mSeven Mills Primary School
- 200mArnhem Wharf Primary School
- 700mSt Edmund's Catholic School
- 800mCanary Wharf College Crossharbour
- 1.3kmBacon's College
- 1.6kmGeorge Green's School
More reading links
Public Transport Nearby
From Flat 25, Bowsprit Point 167, the nearest station is South Quay, 700 metres away.
- 700mSouth Quay
- 800mHeron Quays
- 800mCrossharbour
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
