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According to the public record, Unit 703, Omega Works 4 is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 791 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 703, Omega Works 4 is £457,160 and the estimated rental value is £2,438 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 703, Omega Works 4 has 3 entries in the Land Registry , most recently in December 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 703, Omega Works 4 is in very good condition we estimate a sale value of £480,018 and a rental value of £2,559 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £425,159 and a rental value of £2,267 per month.
Over the last 12 months the sale value of Unit 703 Omega Works 4 has decreased by an estimated £12,546 (2.7%) and its rental value has increased by an estimated £117 per month (4.8%), giving an expected gross yield of 6.4%.
According to HM Land Registry, Unit 703, Omega Works 4 was last sold on 18th December 2012 for £315,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2012, the market for similar properties has risen 24.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Unit 703, 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 703, Omega Works 4 is the 230th largest and the 221st most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in E3.
The nearest school is Mossbourne Riverside Academy which is 517 metres away. The nearest train station is Hackney Wick which is 400 metres away.
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