Flat 1705, Cascades Tower, 4 Westferry Road, London, E14 8JW is a leasehold flat built between 2007-2011. The property offers approximately 829 square feet of living space and is situated on the 17th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £555,546 , which equates to approximately £670 per square foot. It was last sold on 12 May 2021 for £610,000. Since then, the value has decreased by £54,454, representing a 8.9% decrease, or approximately 2.0% per year.

The current estimated value of £555,546 is:

  • 17.9% lower than the average property price on Westferry Road
  • 10.8% lower than the average in the E14 8JW postcode area
  • and 36.5% lower than the average price for London as a whole

At the most recent EPC inspection on 30 October 2020, the property was recorded as rented.

View sold house prices in E14 8JW

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
829 sq ft
Tenure
Leasehold
Floor level
17th floor
Price (estimate)
£555,546
Price Per sq ft (estimate)
£670
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 1705, Cascades Tower, 4 Westferry Road, London, Tower Hamlets, Greater London, E14 8JW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Oct 2020.

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. Hot water is provided by a community heating scheme, but the cylinder is not fitted with a thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 25 Sep 2010. The rating of C remains the same, but the energy efficiency score improved by 11.1%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to community scheme, no cylinder thermostat, with its energy efficiency improving from very poor to good.
  • The roof construction or insulation changed from flat to (another dwelling above), changing energy efficiency from very good to n/a.
  • The lighting was updated from low energy lighting in 62% of fixed outlets to low energy lighting in 78% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme, no cylinder thermostat
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to E14 8JW

12 th / 23
Price Rank
11% lower than average
3 rd / 17
Size Rank
14% bigger than average
14 th / 17
Price Per Sq FT Rank
22% lower than average

Compared to other properties in E14 8JW , this flat's estimated value ranks 12th out of 23. Based on price per square foot, it ranks 14th out of 17 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 17 properties in its postcode area.

Sale History

Today
£555,546
streetscan.co.uk estimate
-9 %
12 May 2021
£610,000
Leasehold
+44.5 %
8 Jul 2011
£422,000
Leasehold
+68.8 %
7 Jan 2011
£250,000
Leasehold
+19 %
12 Feb 2001
£210,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 840 sq ft
sale price: £395,000
sale date: 18 Jul 2024
rooms: 3
size: 721 sq ft
sale price: £520,000
sale date: 28 Apr 2023
rooms: 3
size: 753 sq ft
sale price: £500,000
sale date: 26 Mar 2021
rooms: 3
size: 764 sq ft
sale price: £425,000
sale date: 14 Feb 2012
rooms: 3
size: 710 sq ft
sale price: £475,000
sale date: 1 Jul 2008

Data Sources

The property at Flat 1705, Cascades Tower, 4 Westferry Road, London, E14 8JW appears four times in the Land Registry records, with the latest transaction recorded on 12 May 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Oct 2020. 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.