Flat 1005, Cascades Tower, 4 Westferry Road, London, E14 8JN is a leasehold flat built between 1991-1995. The property offers approximately 732 square feet of living space and is situated on the 10th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £479,500 , which equates to approximately £655 per square foot. It was last sold on 5 Jul 2022 for £520,000. Since then, the value has decreased by £40,500, representing a 7.8% decrease, or approximately 2.3% per year.

The current estimated value of £479,500 is:

  • 29.1% lower than the average property price on Westferry Road
  • 25.0% lower than the average in the E14 8JN postcode area
  • and 45.2% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 11 February 2022, the property was recorded as rented.

View sold house prices in E14 8JN

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
732 sq ft
Tenure
Leasehold
Floor level
10th floor
Price (estimate)
£479,500
Price Per sq ft (estimate)
£655
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 1005, Cascades Tower, 4 Westferry Road, London, Tower Hamlets, Greater London, E14 8JN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Feb 2022.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 29 Mar 2011, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7.1%.

Since the previous assessment, several changes were observed:

  • The heating system changed from community scheme with chp to community scheme, with no change in energy efficiency (good).
  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E14 8JN

34 th / 56
Price Rank
25% lower than average
27 th / 37
Size Rank
4% smaller than average
17 th / 37
Price Per Sq FT Rank
21% lower than average

Compared to other properties in E14 8JN , this flat's estimated value ranks 34th out of 56. Based on price per square foot, it ranks 17th out of 37 properties. In terms of size, this home ranks 27th out of 37 properties in its postcode area.

Sale History

Today
£479,500
streetscan.co.uk estimate
-8 %
5 Jul 2022
£520,000
Leasehold
+28.4 %
2 Apr 2012
£405,000
Leasehold
+44.6 %
30 Jun 2006
£280,000
Leasehold
+24.4 %
21 Sep 2001
£225,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 807 sq ft
sale price: £525,000
sale date: 27 Oct 2023
rooms: 3
size: 764 sq ft
sale price: £640,000
sale date: 12 May 2023
rooms: 3
size: 710 sq ft
sale price: £475,000
sale date: 20 Oct 2022
rooms: 3
size: 753 sq ft
sale price: £490,000
sale date: 27 May 2022
rooms: 3
size: 764 sq ft
sale price: £545,000
sale date: 30 Jun 2021

Data Sources

The property at Flat 1005, Cascades Tower, 4 Westferry Road, London, E14 8JN appears four times in the Land Registry records, with the latest transaction recorded on 5 Jul 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Feb 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.