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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 Flat 57, Ocean Wharf 60 is £565,510 and the estimated rental value is £3,291 per month.
The apartment is within Ocean Wharf, Westferry Road, London, E14.
Westferry Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 57, Ocean Wharf 60 has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data 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.
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 Flat 57, Ocean Wharf 60 is in very good condition we estimate a sale value of £593,786 and a rental value of £3,455 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £525,924 and a rental value of £3,061 per month.
Over the past 12 months, the estimated sale value of Flat 57, Ocean Wharf 60 has dropped by £23,119 (4.1%), while its estimated rental value has risen by £171 per month (5.2%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Flat 57, Ocean Wharf 60 has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat 57, Ocean Wharf 60 was last sold on 28th February 2001 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 57, Ocean Wharf 60 within a radius of 330 metres over the last 2 years.
The most recent example is Flat 109, Ocean Wharf 60, Westferry Road, London, E14 8JF, a leasehold flat which sold for £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.
Westferry Road, London, E14 has a total of 1341 addresses. According to our analysis of all the public data, Flat 57, Ocean Wharf 60 is the 151st largest and the 238th most expensive property on the street.
When compared to the postcode district it is £91k more expensive than the average property in E14.
The closest station to Flat 57, Ocean Wharf 60 is Heron Quays station, which is 700 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 Flat 57, 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 57, 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 57, 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 57, 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 57, 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.