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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, Unit 116, Omega Works 4 is a modern leasehold apartment with 1,367 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 Unit 116, Omega Works 4 is £668,995 and the estimated rental value is £3,659 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.
Unit 116, Omega Works 4 has 21 entries in the Land Registry , most recently in December 2010 and a single entry in the EPC database dated August 2020.
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 Unit 116, Omega Works 4 is in very good condition we estimate a sale value of £702,445 and a rental value of £3,842 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £622,165 and a rental value of £3,403 per month.
Over the last 12 months the sale value of Unit 116 Omega Works 4 has decreased by an estimated £16,114 (2.4%) and its rental value has increased by an estimated £179 per month (4.9%), giving an expected gross yield of 6.6%.
Unit 116, Omega Works 4 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, Unit 116, Omega Works 4 was last sold on 13th December 2010 for £300,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2010, the market for similar properties has risen 33.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Unit 116, Omega Works 4 within a radius of 360 metres over the last 2 years.
The most recent example is Unit 407, Omega Works 4, Roach Road, London, E3 2LX, a leasehold flat which sold for £637,000 on the 13th September 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, Unit 116, Omega Works 4 is the 10th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £222k more expensive than the average property in E3.
The nearest school is Mossbourne Riverside Academy which is 447 metres away. The nearest train station is Hackney Wick which is 300 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.
