According to the public record, Flat 194, Pierpoint Building 16, London is a modern apartment with 990 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Pierpoint Building, Westferry Road, London, E14.
Westferry Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 194, Pierpoint Building 16, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2023.
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 Flat 194 Pierpoint Building 16 London as £690,539 and the rental value as £3,386 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 194 Pierpoint Building 16 London has increased by £14,763 (2.1%) and its rental value has increased by £84 per month (2.5%).
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 194, Pierpoint Building 16, London is in very good condition we estimate a sale value of £725,066 and rental value of £3,555 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £642,201 and a rental value of £3,149 per month.
If you were able to purchase this property for the estimated value of £690,539, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,394 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 194, Pierpoint Building 16, London was last sold on 24 Feb 2000 for £212,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 194, Pierpoint Building 16, London within a radius of 210 metres over the last 2 years.
The most recent example is Flat 510, Cascades Tower 4, Westferry Road, London, E14 8JL, a Leasehold flat which sold for £775,000 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 194, Pierpoint Building 16, London is the 142nd largest and the 96th most expensive property on the street.
When compared to the postcode district it is £206k more expensive than the average property in E14.
Flat 194, Pierpoint Building 16, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 194, Pierpoint Building 16, London is Heron Quays station which is 500 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 194, Pierpoint Building 16, London, 47.8% of property is privately rented and 25.0% is privately owned outright.
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 194, Pierpoint Building 16, London, 13.9% of residents are recorded as possessing school level qualifications and 74.1% 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 194, Pierpoint Building 16, 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 194, Pierpoint Building 16, London, 4.2% 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 194, Pierpoint Building 16, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.