According to the public record, 455B, Westferry Road, London is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 455, Westferry Road, London, E14.
Westferry Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
455B, Westferry Road, London has 51 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated August 2013.
We combine this information with that 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 455B Westferry Road London as £380,876 and the rental value as £1,990 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 455B Westferry Road London has increased by £2,498 (0.7%) and its rental value has increased by £81 per month (4.1%).
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 455B, Westferry Road, London is in very good condition we estimate a sale value of £399,920 and rental value of £2,090 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,215 and a rental value of £1,851 per month.
If you were able to purchase this property for the estimated value of £380,876, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,872 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 HM Land Registry, 455B, Westferry Road, London was last sold on 14 Sep 2022 for £410,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 455B, Westferry Road, London within a radius of 370 metres over the last 2 years.
The most recent example is 457B, Westferry Road, London, E14 3AN, a Leasehold flat which sold for £410,000 in Mar 2023.
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, 455B, Westferry Road, London is the 1097th largest and the 819th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in E14.
455B, Westferry Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Aug 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 455B, Westferry Road, London is Mudchute station which is 400 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 455B, Westferry Road, London, 59.8% of property is privately rented and 24.6% 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 455B, Westferry Road, London, 6.3% of residents are recorded as possessing school level qualifications and 76.2% 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 455B, 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 455B, Westferry Road, London, 1.5% 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 455B, 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.