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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 3, Omega Works 4 is £493,236 and the estimated rental value is £2,703 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 3, Omega Works 4 has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2018.
We combine this information with public data 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 3, Omega Works 4 is in very good condition we estimate a sale value of £517,898 and a rental value of £2,838 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,710 and a rental value of £2,514 per month.
Over the last 12 months the sale value of Unit 3 Omega Works 4 has decreased by an estimated £11,881 (2.4%) and its rental value has increased by an estimated £133 per month (4.9%), giving an expected gross yield of 6.6%.
Unit 3, Omega Works 4 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2018.
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, Unit 3, Omega Works 4 was last sold on 25th June 2004 for £272,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Unit 3, 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, Unit 3, Omega Works 4 is the 186th largest and the 188th most expensive property on the street.
When compared to the postcode district it is £46k more 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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