According to the public record, Flat 808, Cascades Tower 4, London is a modern leasehold apartment with 1,011 ft2 of internal area.
Apartments of this size in this area normally have 3 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 808, Cascades Tower 4, London has 2 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated June 2018.
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 808 Cascades Tower 4 London as £694,431 and the rental value as £3,398 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 808 Cascades Tower 4 London has increased by £23,413 (3.4%) and its rental value has increased by £120 per month (3.5%).
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 808, Cascades Tower 4, London is in very good condition we estimate a sale value of £729,153 and rental value of £3,567 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £645,821 and a rental value of £3,160 per month.
If you were able to purchase this property for the estimated value of £694,431, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,413 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 808, Cascades Tower 4, London was last sold on 30 Apr 2021 for £810,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2021, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 808, Cascades Tower 4, London within a radius of 160 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 808, Cascades Tower 4, London is the 123rd largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £210k more expensive than the average property in E14.
Flat 808, Cascades Tower 4, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2018.
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 808, 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 808, 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 808, 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 808, 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 808, 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 808, 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.