Unit 314, Omega Works, 4 Roach Road, London, E3 2GZ is a leasehold flat built between 1996-2002. The property offers approximately 388 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £461,630 , which equates to approximately £1,191 per square foot. It was last sold on 27 Nov 2007 for £310,000. Since then, the value has increased by £151,630, representing a 48.9% increase, or approximately 2.7% per year.

The current estimated value of £461,630 is:

  • 5.7% lower than the average property price on Roach Road
  • 8.8% lower than the average in the E3 2GZ postcode area
  • and 47.3% lower than the average price for London as a whole

At the most recent EPC inspection on 12 June 2019, the property was recorded as owner-occupied.

View sold house prices in E3 2GZ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
388 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£461,630
Price Per sq ft (estimate)
£1,191
Bedroom Count (estimate)
1 bedroom

EPC Summary

Unit 314, Omega Works, 4 Roach Road, London, Tower Hamlets, Greater London Authority, E3 2GZ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 12 Jun 2019.

This property uses electric underfloor heating as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 Jul 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 7.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric underfloor heating).
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
Heating Type
Electric underfloor heating
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E3 2GZ

16 th / 21
Price Rank
9% lower than average
18 th / 18
Size Rank
50% smaller than average
3 rd / 18
Price Per Sq FT Rank
84% higher than average

Compared to other properties in E3 2GZ , this flat's estimated value ranks 16th out of 21. Based on price per square foot, it ranks 3rd out of 18 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 18th out of 18 properties in its postcode area.

Sale History

Today
£461,630
streetscan.co.uk estimate
+49 %
27 Nov 2007
£310,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 413 sq ft
sale price: £465,000
sale date: 8 Feb 2018
rooms: 3
size: 413 sq ft
sale price: £517,000
sale date: 8 Dec 2015
rooms: 3
size: 394 sq ft
sale price: £315,000
sale date: 15 Feb 2013

Data Sources

The property at Unit 314, Omega Works, 4 Roach Road, London, Tower Hamlets, Greater London Authority, E3 2GZ appears once in the Land Registry records, with the transaction recorded on 27 Nov 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Jun 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.