Flat 501, Cascades Tower, 4 Westferry Road, London, E14 8JL is a leasehold flat built between 1983-1990. The property offers approximately 646 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £468,165 , which equates to approximately £725 per square foot. It was last sold on 22 Sep 2023 for £475,000. Since then, the value has decreased by £6,835, representing a 1.4% decrease, or approximately 0.7% per year.

The current estimated value of £468,165 is:

  • 30.8% lower than the average property price on Westferry Road
  • 19.2% lower than the average in the E14 8JL postcode area
  • and 46.5% lower than the average price for London as a whole

At the most recent EPC inspection on 28 February 2023, the property was recorded as owner-occupied.

View sold house prices in E14 8JL

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£468,165
Price Per sq ft (estimate)
£725
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 501, Cascades Tower, 4 Westferry Road, London, Tower Hamlets, Greater London, E14 8JL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Feb 2023.

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 3 Mar 2009. The rating of C remains the same, but the energy efficiency score improved by 1.4%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to community scheme, with its energy efficiency improving from average to good.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 56% of fixed outlets, with efficiency improving from very poor to 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 56% of fixed outlets
Good

Compared to E14 8JL

48 th / 57
Price Rank
19% lower than average
40 th / 43
Size Rank
16% smaller than average
18 th / 43
Price Per Sq FT Rank
4% lower than average

Compared to other properties in E14 8JL , this flat's estimated value ranks 48th out of 57. Based on price per square foot, it ranks 18th out of 43 properties. In terms of size, this home ranks 40th out of 43 properties in its postcode area.

Sale History

Today
£468,165
streetscan.co.uk estimate
-1 %
22 Sep 2023
£475,000
Leasehold
-5 %
30 Nov 2018
£500,000
Leasehold
+147.5 %
14 Aug 2001
£202,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £620,000
sale date: 15 Sep 2023
rooms: 3
size: 743 sq ft
sale price: £500,000
sale date: 20 May 2022
rooms: 3
size: 710 sq ft
sale price: £520,000
sale date: 3 May 2022
rooms: 3
size: 628 sq ft
sale price: £585,000
sale date: 31 Mar 2022
rooms: 3
size: 721 sq ft
sale price: £435,000
sale date: 29 Jan 2021

Data Sources

The property at Flat 501, Cascades Tower, 4 Westferry Road, London, E14 8JL appears three times in the Land Registry records, with the latest transaction recorded on 22 Sep 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Feb 2023. 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.