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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 155B, Omega Works 4 is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 155B, Omega Works 4 is £329,116 and the estimated rental value is £1,812 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 155B, Omega Works 4 has a single entry in the Land Registry from April 2016 and a single entry in the EPC database dated January 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 155B, Omega Works 4 is in very good condition we estimate a sale value of £345,571 and a rental value of £1,903 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,078 and a rental value of £1,685 per month.
Over the last 12 months the sale value of Flat 155B Omega Works 4 has decreased by an estimated £10,618 (3.2%) and its rental value has increased by an estimated £80 per month (4.4%), giving an expected gross yield of 6.6%.
Flat 155B, Omega Works 4 has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jan 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat 155B, Omega Works 4 was last sold on 7th April 2016 for £391,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2016, the market for similar properties has dropped 21.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 155B, Omega Works 4 within a radius of 360 metres over the last 2 years.
The most recent example is 122A, Omega Works 4, Roach Road, London, E3 2PF, a leasehold flat which sold for £15,000 on the 31st October 2019.
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 155B, Omega Works 4 is the 294th largest and the 294th most expensive property on the street.
When compared to the postcode district it is £116k less 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.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
