Ferry Street, London, E14

Living in a Loop

Street Guide For Ferry Street, London, E14

Located in a loop of the River Thames, Ferry Street falls within the E14 post code district, which mainly includes areas like Poplar, Isle of Dogs, Canary Wharf and Limehouse. The whole area is predominantly business oriented due to the extensive development work going on, but Ferry Street itself is mainly a residential street with good transport links and relatively inexpensive housing. Residents benefit from the Docklands Light Railway (DLR) and there are also parks in the vicinity along with some recreational facilities. Families are also facilitated with nearby schools while there are plenty of restaurants and bars scattered around the street as well.

 
 

Tags

Transport
Schools
Parks
Thames

Overview

  • The Neighbors

    You'll mainly find flats and terraced houses on Ferry Street and most of the residents are either professionals or workers.

  • Ideal for

    Young families and professionals.

  • Deal Sealer

    Good transport and recreational facilities.

  • Not for

    People wanting to live closer to central London.

  • You will Like

    Transport links and parks.

Ferry Street, London, E14 Map

Estimated Price: £541,557
Average Asking Price: £556,996
Price change in last one year: £55,430
Average Price Paid: £316,928
Average Rent Rates: £2,461

Samson Estate Agents
269-271 High Street, Stratford, London, E15-2TF

Free House valuation

 

Property Prices Breakdown in Ferry Street, London, E14

Values have been changing and have risen £6,006 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,481 in last 6 months, £55,430 in last 1 year, £109,783 in last 2 years, £120,320 in last 3 years, £124,985 in last 4 years and £126,727 in last 5 years.

Currently average asking price of a property in Ferry Street, London, E14 is around £556,996 based on approximately 1 properties for sale. Same is the case with rental options based on 2,129 properties up for rent, average asking rent is around £2,461 per month.

Estimated property value in Ferry Street, London, E14 is £541,557. Average asking price is £556,996 while average price paid is £300,000 which is up by £55,430 and Avg. asking rent £2,461.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Ferry Street, London, E14 area. In last 1 year alone average price buyer paid is around £300,000 based on approximately 1 sales in Ferry Street, London, E14 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £300,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £316,928 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £316,928 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £460,000, £480,260 for a 2 bedroom house, £697,079 for a 3 bedroom house, £837,394 for a 4 bedroom house and £763,750 for a 5 bedroom house. For a flat similarly the prices varies from £417,520 for a single bedroom to £591,635 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £860,496 and £2,531,665 for a 4 bedroom flat. To sum up the asking prices for properties in Ferry Street, London, E14 it comes to around average £418,380 for 1 bedroom property, £587,829 for 2 bedroom, £844,655 for 3 bedroom, £1,639,944 for 4 bedroom and £763,750 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,017 for 1 bedroom to £2,136 for 2 bedrooms, £2,971 for 3 bedrooms, £3,655 for 4 bedrooms and £3,222 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,502. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,798, £3,950 for 3 bedroom and £7,944 for 4 bedroom. You should be generally be expecting around average £1,470 rent per month for single bedroom property, £2,769 for 2 bedroom, £3,839 for 3 bedroom, £5,673 for 4 bedroom and approximately £3,222 for a 5 bedroom property in Ferry Street, London, E14 area.

Popular Houses in Ferry Street, London, E14

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sum it all up

 The Good

- Relatively cheaper housing
- Connectivity with Docklands Light Railway
- Nearby schools and parks

 Best For

- Young families
- Professionals and workers

 The Bad

- Far from central London

Transportation in Ferry Street, London, E14

Areas in and around Ferry Street, London, E14