According to the public record, Flat 2, Ocean Wharf 60, London is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Ocean Wharf, Westferry Road, London, E14.
Westferry Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 2, Ocean Wharf 60, London has 41 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated May 2012.
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 2 Ocean Wharf 60 London as £339,731 and the rental value as £1,754 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 2 Ocean Wharf 60 London has increased by £3,404 (1.0%) and its rental value has increased by £24 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 2, Ocean Wharf 60, London is in very good condition we estimate a sale value of £356,718 and rental value of £1,842 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £315,950 and a rental value of £1,632 per month.
If you were able to purchase this property for the estimated value of £339,731, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,670 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 2, Ocean Wharf 60, London was last sold on 30 Jan 2018 for £425,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2018, the market for similar properties has dropped 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Ocean Wharf 60, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 1, Hutchings Wharf 1, Hutchings Street, London, E14 8JY, a Leasehold flat which sold for £246,000 in Mar 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, Flat 2, Ocean Wharf 60, London is the 1237th largest and the 932nd most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in E14.
Flat 2, Ocean Wharf 60, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 May 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, Ocean Wharf 60, London is Heron Quays 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 Flat 2, Ocean Wharf 60, London, 55.7% of property is privately rented and 23.8% 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 2, Ocean Wharf 60, London, 8.1% of residents are recorded as possessing school level qualifications and 78.2% 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 Flat 2, Ocean Wharf 60, 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 2, Ocean Wharf 60, London, 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 2, Ocean Wharf 60, 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.