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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show Flat 55, Ocean Wharf 60 to be a modern leasehold apartment with 968 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 55, Ocean Wharf 60 has an estimated sale value of £557,642 and an estimated rental value of £3,256 per month, assuming reasonable condition and based on the information available.
The apartment sits within Ocean Wharf, Westferry Road, London, E14.
Westferry Road, London, E14 lies in the borough of Tower Hamlets, within the E14 postal district.
Flat 55, Ocean Wharf 60 has 41 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate Flat 55, Ocean Wharf 60 would be worth £585,525, with a potential rental value of £3,418 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £518,607, with a rental value of £3,028 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 55, Ocean Wharf 60 has decreased by £22,797 (4.1%) over the last year. During the same period, its estimated monthly rental value has grown by £169 (5.2%). The property's estimated gross yield is currently 7.0%.
Flat 55, Ocean Wharf 60 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 55, Ocean Wharf 60 last changed hands on 29th August 2014, selling for £625,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 5.9% since August 2014.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 330 metres of Flat 55, Ocean Wharf 60 across the last 2 years.
Most recently, Flat 109, Ocean Wharf 60, Westferry Road, London, E14 8JF, a leasehold flat, sold at £535,000 on the 4th October 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 55, Ocean Wharf 60 as the 179th largest and the 253rd most expensive of the 1341 addresses on Westferry Road, London, E14.
Against the E14 postcode district average, it is £83k more expensive than the typical property.
Heron Quays station is the nearest stop to Flat 55, Ocean Wharf 60 at 700 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 55, Ocean Wharf 60, 58.5% of property is privately rented and 18.5% 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 Flat 55, Ocean Wharf 60, 6.7% of residents are recorded as possessing school level qualifications and 79.5% 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 Flat 55, Ocean Wharf 60, the average age was 30.8 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 Flat 55, Ocean Wharf 60, 0.0% 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 Flat 55, Ocean Wharf 60, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
