Flat 705, Cascades Tower, 4 Westferry Road, London, E14 8JN is a leasehold flat built between 1983-1990. The property offers approximately 753 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £456,667 , which equates to approximately £606 per square foot. It was last sold on 27 May 2022 for £490,000. Since then, the value has decreased by £33,333, representing a 6.8% decrease, or approximately 1.9% per year.

The current estimated value of £456,667 is:

  • 32.5% lower than the average property price on Westferry Road
  • 28.5% lower than the average in the E14 8JN postcode area
  • and 47.8% lower than the average price for London as a whole

At the most recent EPC inspection on 20 December 2021, 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
753 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£456,667
Price Per sq ft (estimate)
£606
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 705, 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 20 Dec 2021.

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 standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 29 Jan 2009. The rating of C is unchanged, though the energy efficiency score decreased by 5.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to electric immersion, standard tariff, with its energy efficiency changing from good to very poor.
  • 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
Electric immersion, standard tariff
Very Poor
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

42 nd / 56
Price Rank
29% lower than average
19 th / 37
Size Rank
2% smaller than average
25 th / 37
Price Per Sq FT Rank
27% lower than average

Compared to other properties in E14 8JN , this flat's estimated value ranks 42th out of 56. Based on price per square foot, it ranks 25th 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 19th out of 37 properties in its postcode area.

Sale History

Today
£456,667
streetscan.co.uk estimate
-7 %
27 May 2022
£490,000
Leasehold
+14 %
28 Feb 2018
£430,000
Leasehold
+83 %
12 Oct 2001
£235,000
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: 764 sq ft
sale price: £545,000
sale date: 30 Jun 2021

Data Sources

The property at Flat 705, Cascades Tower, 4 Westferry Road, London, E14 8JN appears three times in the Land Registry records, with the latest transaction recorded on 27 May 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Dec 2021. 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.