Unit 318, Omega Works, 4 Roach Road, London, E3 2GZ is a leasehold flat built between 2007-2011. The property offers approximately 1,076 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £468,567 , which equates to approximately £435 per square foot. It was last sold on 4 Mar 2013 for £300,000. Since then, the value has increased by £168,567, representing a 56.2% increase, or approximately 4.4% per year.

The current estimated value of £468,567 is:

  • 4.3% lower than the average property price on Roach Road
  • 7.5% lower than the average in the E3 2GZ postcode area
  • and 46.5% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 25 October 2022, the property was recorded as rented.

View sold house prices in E3 2GZ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
1076 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£468,567
Price Per sq ft (estimate)
£435
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Unit 318, Omega Works, 4 Roach Road, London, Tower Hamlets, Greater London, E3 2GZ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 25 Oct 2022.

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 7 Dec 2012. The rating of B is unchanged, though the energy efficiency score decreased by 3.5%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 70% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric underfloor heating
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 70% of fixed outlets
Very Good

Compared to E3 2GZ

13 th / 21
Price Rank
7% lower than average
4 th / 18
Size Rank
38% bigger than average
15 th / 18
Price Per Sq FT Rank
33% lower than average

Compared to other properties in E3 2GZ , this flat's estimated value ranks 13th out of 21. Based on price per square foot, it ranks 15th out of 18 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 18 properties in its postcode area.

Sale History

Today
£468,567
streetscan.co.uk estimate
+56 %
4 Mar 2013
£300,000
Leasehold
+20 %
9 Sep 2011
£249,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 980 sq ft
sale price: £585,000
sale date: 10 Jun 2024
rooms: 4
size: 1087 sq ft
sale price: £520,000
sale date: 20 May 2016
rooms: 4
size: 1012 sq ft
sale price: £445,000
sale date: 2 Jun 2014
rooms: 3
size: 934 sq ft
sale price: £275,000
sale date: 8 Feb 2013
rooms: 3
size: 980 sq ft
sale price: £241,000
sale date: 6 Jul 2012

Data Sources

The property at Unit 318, Omega Works, 4 Roach Road, London, E3 2GZ appears two times in the Land Registry records, with the latest transaction recorded on 4 Mar 2013. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Oct 2022. 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.