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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 23, Omega Works 4 is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 721 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Unit 23, Omega Works 4 is £440,497 and the estimated rental value is £2,332 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 23, Omega Works 4 has 21 entries in the Land Registry , most recently in September 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 23, Omega Works 4 is in very good condition we estimate a sale value of £462,522 and a rental value of £2,449 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £409,662 and a rental value of £2,169 per month.
Over the last 12 months the sale value of Unit 23 Omega Works 4 has decreased by an estimated £12,088 (2.7%) and its rental value has increased by an estimated £112 per month (4.8%), giving an expected gross yield of 6.4%.
According to HM Land Registry, Unit 23, Omega Works 4 was last sold on 6th September 2012 for £285,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2012, the market for similar properties has risen 26.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Unit 23, Omega Works 4 within a radius of 360 metres over the last 2 years.
The most recent example is Unit 39, Omega Works 4, Roach Road, London, E3 2PD, a leasehold flat which sold for £390,000 on the 18th June 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 23, Omega Works 4 is the 259th largest and the 237th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in E3.
The nearest school is Mossbourne Riverside Academy which is 419 metres away. The nearest train station is Hackney Wick which is 300 metres away.
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