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Flat 93, Ocean Wharf 60 is described in the public record as a modern apartment with 979 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 93, Ocean Wharf 60 is £561,583 and its rental estimate is £3,273 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.
Flat 93, Ocean Wharf 60 has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2022.
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.
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 93, Ocean Wharf 60, we estimate a market value of £589,663 and a rental value of £3,437 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £522,273 and £3,044 per month respectively.
Over the last year, Flat 93, Ocean Wharf 60 has seen its estimated sale value fall by £22,958 (4.1%) and its estimated rental value move up by £170 per month (5.2%). This results in an estimated gross rental yield of 7.0%.
Flat 93, Ocean Wharf 60 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 93, Ocean Wharf 60 completed on 25th September 2000 at £300,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to Flat 93, 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.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 1341 addresses on Westferry Road, London, E14, Flat 93, Ocean Wharf 60 comes out as the 169th largest and the 249th most expensive in our analysis of the public data.
It is also £87k more expensive than the average property across the E14 district.
From Flat 93, Ocean Wharf 60, the nearest station is Heron Quays, 700 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 93, 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 93, 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 93, 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 93, 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 93, 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.