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Based on available information, and assuming reasonable condition, the estimated sale value for Flat 124, Omega Works 4 is £454,319 and the estimated rental value is £2,611 per month.
The apartment is within Omega Works, Roach Road, London, E3.
Roach Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 124, Omega Works 4 has no records in either the Land Registry or EPC database.
The local information is scored as 5 out of 5 and is considered of high accuracy.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 124, Omega Works 4 is in very good condition we estimate a sale value of £477,035 and a rental value of £2,742 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,517 and a rental value of £2,428 per month.
Over the last 12 months the sale value of Flat 124 Omega Works 4 has decreased by an estimated £8,732 (1.9%) and its rental value has increased by an estimated £140 per month (5.4%), giving an expected gross yield of 6.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 124, Omega Works 4 within a radius of 360 metres over the last 2 years.
The most recent example is Flat 221, Omega Works 4, Roach Road, London, E3 2GY, a leasehold flat which sold for £490,000 on the 18th December 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Roach Road, London, E3 has a total of 300 addresses. According to our analysis of all the public data, Flat 124, Omega Works 4 is the 223rd largest and the 237th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in E3.
The nearest school is Mossbourne Riverside Academy which is 500 metres away. The nearest train station is Hackney Wick which is 400 metres away.
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