According to the public record, Flat 91, Ocean Wharf 60, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 680 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
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 91, Ocean Wharf 60, London has 21 entries in the Land Registry database, most recently in November 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 91 Ocean Wharf 60 London as £468,686 and the rental value as £2,419 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 91 Ocean Wharf 60 London has increased by £2,774 (0.6%) and its rental value has increased by £42 per month (1.7%).
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 91, Ocean Wharf 60, London is in very good condition we estimate a sale value of £492,120 and rental value of £2,540 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £435,878 and a rental value of £2,250 per month.
If you were able to purchase this property for the estimated value of £468,686, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,303 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 91, Ocean Wharf 60, London was last sold on 22 Nov 2013 for £430,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2013, the market for similar properties has risen 23.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 91, Ocean Wharf 60, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 148, Ocean Wharf 60, Westferry Road, London, E14 8JE, a Leasehold flat which sold for £373,000 in Apr 2019.
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 91, Ocean Wharf 60, London is the 728th largest and the 578th most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in E14.
The closest station to Flat 91, 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 91, Ocean Wharf 60, London, 58.5% of property is privately rented and 18.5% 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 91, Ocean Wharf 60, London, 6.7% of residents are recorded as possessing school level qualifications and 79.5% 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 91, Ocean Wharf 60, London, the average age was 30.8 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 91, 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 91, 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.