Flat 709, Cascades Tower, 4 Westferry Road, London, E14 8JN is a leasehold flat built between 1983-1990. The property offers approximately 764 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 £493,536 , which equates to approximately £646 per square foot. It was last sold on 30 Jun 2021 for £545,000. Since then, the value has decreased by £51,464, representing a 9.4% decrease, or approximately 2.1% per year.

The current estimated value of £493,536 is:

  • 27.0% lower than the average property price on Westferry Road
  • 22.8% lower than the average in the E14 8JN postcode area
  • and 43.6% lower than the average price for London as a whole

At the most recent EPC inspection on 29 September 2020, 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
764 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£493,536
Price Per sq ft (estimate)
£646
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 709, 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 29 Sep 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. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Sep 2009. The rating of C is unchanged, though the energy efficiency score decreased by 1.3%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The wall construction or insulation changed from timber frame, 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 25% of fixed outlets, with efficiency improving from very poor to average.
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 25% of fixed outlets
Average

Compared to E14 8JN

44 th / 56
Price Rank
23% lower than average
18 th / 37
Size Rank
0% same size than average
28 th / 37
Price Per Sq FT Rank
23% lower than average

Compared to other properties in E14 8JN , this flat's estimated value ranks 44th out of 56. Based on price per square foot, it ranks 28th 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 18th out of 37 properties in its postcode area.

Sale History

Today
£493,536
streetscan.co.uk estimate
-9 %
30 Jun 2021
£545,000
Leasehold
+118 %
24 May 2002
£249,999
Leasehold
+72.4 %
7 Jun 1999
£145,000
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 709, Cascades Tower, 4 Westferry Road, London, E14 8JN appears three times in the Land Registry records, with the latest transaction recorded on 30 Jun 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Sep 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.