According to the public record, 253, Westferry Road, London is a modern apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Westferry Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
253, Westferry Road, London has no records in the Land Registry database and a single entry in the EPC database dated August 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 253 Westferry Road London as £467,678 and the rental value as £2,434 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 253 Westferry Road London has increased by £1,797 (0.4%) and its rental value has increased by £81 per month (3.3%).
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 253, Westferry Road, London is in very good condition we estimate a sale value of £491,062 and rental value of £2,555 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £434,941 and a rental value of £2,263 per month.
If you were able to purchase this property for the estimated value of £467,678, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,298 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 253, Westferry Road, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 41, Nova Building 3, Newton Place, London, E14 3TT, a Leasehold flat which sold for £407,500 in Jan 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 1344 addresses. According to our analysis of all the public data, 253, Westferry Road, London is the 638th largest and the 582nd most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in E14.
253, Westferry Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to 253, Westferry Road, London is Mudchute station which is 700 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 253, Westferry Road, London, 55.0% of property is privately rented and 32.6% is socially rented.
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 253, Westferry Road, London, 19.9% of residents are recorded as possessing school level qualifications and 50.4% 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 253, Westferry Road, London, the average age was 32.8 and the most common age was 32.
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 253, Westferry Road, London, 0.6% 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 253, Westferry Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.