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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
Flat 2, 5, Omega Place is recorded publicly as a modern leasehold apartment across 495 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 5, Omega Place is £491,708 and its rental estimate is £2,409 per month, given the available information and assuming reasonable condition.
5, Omega Place is a residential building on Omega Place, London, N1 and falls within the N1 postal district and the London Borough of Islington.
Flat 2, 5, Omega Place has a single entry in the Land Registry from January 2015 and a single entry in the EPC database dated December 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, 5, Omega Place, we estimate a market value of £516,293 and a rental value of £2,529 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £457,288 and £2,240 per month respectively.
Over the last year, Flat 2, 5, Omega Place has seen its estimated sale value decrease by £13,977 (2.8%) and its estimated rental value grow by £155 per month (6.4%). This results in an estimated gross rental yield of 5.9%.
Flat 2, 5, Omega Place has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Dec 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 2, 5, Omega Place completed on 30th January 2015 at £575,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 9.7% over the period since January 2015.
Over the past 2 years 3 properties similar to Flat 2, 5, Omega Place have sold within a radius of 240 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th February 2024, was 18 Radius Apartments, Omega Place, London, N1 9DR, a leasehold flat which sold for £490,000.
Read more about house prices in N1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 25 addresses on Omega Place, London, N1, Flat 2, 5, Omega Place comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £257k less expensive than the average property across the N1 district.
From Flat 2, 5, Omega Place, the nearest station is London Kings Cross, 200 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 5, Omega Place, 73.1% of property is privately rented and 13.8% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 5, Omega Place, 32.0% of residents are recorded as possessing school level qualifications and 64.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 5, Omega Place, the average age was 36.9 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 5, Omega Place, 1.3% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 5, Omega Place, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
