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According to the public record, Flat 157, Omega Works 4 is a modern leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 157, Omega Works 4 is £474,636 and the estimated rental value is £2,729 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 157, Omega Works 4 has a single entry in the Land Registry from June 2015 and a single entry in the EPC database dated December 2014.
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 157, Omega Works 4 is in very good condition we estimate a sale value of £498,367 and a rental value of £2,865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,411 and a rental value of £2,538 per month.
Over the last 12 months the sale value of Flat 157 Omega Works 4 has decreased by an estimated £9,690 (2.0%) and its rental value has increased by an estimated £139 per month (5.1%), giving an expected gross yield of 6.9%.
Flat 157, Omega Works 4 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Dec 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 157, Omega Works 4 was last sold on 16th June 2015 for £425,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2015, the market for similar properties has dropped 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 157, 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 157, Omega Works 4 is the 208th largest and the 219th most expensive property on the street.
When compared to the postcode district it is £29k 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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