Flat 601, Cascades Tower, 4 Westferry Road, London, E14 8JN is a leasehold flat built between 1983-1990. The property offers approximately 721 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £495,767 , which equates to approximately £687 per square foot. It was last sold on 9 Sep 2011 for £320,000. Since then, the value has increased by £175,767, representing a 54.9% increase, or approximately 3.9% per year.

The current estimated value of £495,767 is:

  • 26.7% lower than the average property price on Westferry Road
  • 22.4% lower than the average in the E14 8JN postcode area
  • and 43.4% 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 26 August 2022, the property was recorded as rented.

View sold house prices in E14 8JN

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£495,767
Price Per sq ft (estimate)
£687
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 601, 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 26 Aug 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 20 Sep 2012, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 39.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, electric to community scheme, improving energy efficiency from very poor to good.
  • The hot water system was changed from from main system, no cylinder thermostat to community scheme, with its energy efficiency improving from very poor to 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

51 st / 56
Price Rank
22% lower than average
29 th / 37
Size Rank
6% smaller than average
32 nd / 37
Price Per Sq FT Rank
18% lower than average

Compared to other properties in E14 8JN , this flat's estimated value ranks 51th out of 56. Based on price per square foot, it ranks 32th out of 37 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 29th out of 37 properties in its postcode area.

Sale History

Today
£495,767
streetscan.co.uk estimate
+55 %
9 Sep 2011
£320,000
Leasehold
+42.2 %
10 May 2004
£225,000
Leasehold
+73.1 %
28 May 1999
£130,000
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: 732 sq ft
sale price: £520,000
sale date: 5 Jul 2022
rooms: 3
size: 753 sq ft
sale price: £490,000
sale date: 27 May 2022

Data Sources

The property at Flat 601, Cascades Tower, 4 Westferry Road, London, E14 8JN appears three times in the Land Registry records, with the latest transaction recorded on 9 Sep 2011. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Aug 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.