According to the public record, Flat 1801, Cascades Tower 4, London is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Cascades Tower, Westferry Road, London, E14.
Westferry Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 1801, Cascades Tower 4, London has 51 entries in the Land Registry database, most recently in May 2015 and a single entry in the EPC database dated December 2023.
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 Flat 1801 Cascades Tower 4 London as £446,499 and the rental value as £2,237 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 1801 Cascades Tower 4 London has increased by £4,911 (1.1%) and its rental value has increased by £28 per month (1.3%).
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 Flat 1801, Cascades Tower 4, London is in very good condition we estimate a sale value of £468,824 and rental value of £2,348 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,244 and a rental value of £2,080 per month.
If you were able to purchase this property for the estimated value of £446,499, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,194 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, Flat 1801, Cascades Tower 4, London was last sold on 22 May 2015 for £455,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since May 2015, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1801, Cascades Tower 4, London within a radius of 160 metres over the last 2 years.
The most recent example is Flat 304, Landmark West Tower 22, Marsh Wall, London, E14 9AF, a Leasehold flat which sold for £410,000 in Dec 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, Flat 1801, Cascades Tower 4, London is the 971st largest and the 651st most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in E14.
Flat 1801, Cascades Tower 4, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Dec 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 1801, Cascades Tower 4, London is Heron Quays 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 Flat 1801, Cascades Tower 4, London, 62.8% of property is privately rented and 20.4% 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 1801, Cascades Tower 4, London, 4.3% of residents are recorded as possessing school level qualifications and 83.8% 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 1801, Cascades Tower 4, London, the average age was 32.5 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 1801, Cascades Tower 4, London, 2.2% 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 1801, Cascades Tower 4, London, 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.