Unit 408, Omega Works, 4 Roach Road, London, E3 2LX is a leasehold other property built between 2003-2006. The property offers approximately 850 square feet of living space and is situated on the 4th floor. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £557,558 , which equates to approximately £656 per square foot. It was last sold on 22 Mar 2024 for £550,000. Since then, the value has increased by £7,558, representing a 1.4% increase, or approximately 0.8% per year.

The current estimated value of £557,558 is:

  • 13.9% higher than the average property price on Roach Road
  • 8.2% higher than the average in the E3 2LX postcode area
  • and 36.3% 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 22 June 2023, the property was recorded as rented.

View sold house prices in E3 2LX

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
850 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£557,558
Price Per sq ft (estimate)
£656
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Unit 408, Omega Works, 4 Roach Road, London, Tower Hamlets, Greater London, E3 2LX has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 22 Jun 2023.

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 16 Nov 2011, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 16.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to average, while the heating system type remained the same (electric underfloor heating).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric underfloor heating
Average
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 all fixed outlets
Very Good

Compared to E3 2LX

4 th / 22
Price Rank
8% higher than average
3 rd / 3
Size Rank
6% smaller than average
1 st / 3
Price Per Sq FT Rank
15% higher than average

Compared to other properties in E3 2LX , this flat's estimated value ranks 4th out of 22.

Sale History

Today
£557,558
streetscan.co.uk estimate
+1 %
22 Mar 2024
£550,000
Leasehold
+76.3 %
17 Apr 2013
£312,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 797 sq ft
sale price: £390,000
sale date: 18 Jun 2024
rooms: 3
size: 786 sq ft
sale price: £415,000
sale date: 20 Sep 2016

Data Sources

The property at Unit 408, Omega Works, 4 Roach Road, London, E3 2LX appears two times in the Land Registry records, with the latest transaction recorded on 22 Mar 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Jun 2023. 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.