Unit 50, Omega Works, 4 Roach Road, London, E3 2PD is a leasehold flat built in 2007 onwards. The property offers approximately 818 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £532,240 , which equates to approximately £651 per square foot. It was last sold on 2 Sep 2016 for £550,000. Since then, the value has decreased by £17,760, representing a 3.2% decrease, or approximately 0.3% per year.

The current estimated value of £532,240 is:

  • 8.8% higher than the average property price on Roach Road
  • 5.1% higher than the average in the E3 2PD postcode area
  • and 39.2% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

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

View sold house prices in E3 2PD

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
818 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£532,240
Price Per sq ft (estimate)
£651
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Unit 50, Omega Works, 4 Roach Road, London, Tower Hamlets, Greater London Authority, E3 2PD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Dec 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 29 Jan 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 13.2%.

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 hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric underfloor heating
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Flat, insulated (assumed)
Good
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 2PD

10 th / 52
Price Rank
5% higher than average
30 th / 44
Size Rank
15% smaller than average
3 rd / 44
Price Per Sq FT Rank
24% higher than average

Compared to other properties in E3 2PD , this flat's estimated value ranks 10th out of 52. Based on price per square foot, it ranks 3rd out of 44 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 30th out of 44 properties in its postcode area.

Sale History

Today
£532,240
streetscan.co.uk estimate
-3 %
2 Sep 2016
£550,000
Leasehold
+125.4 %
17 Aug 2009
£244,000
Leasehold
+3.4 %
6 Dec 2004
£235,995
Leasehold
+10.3 %
30 Apr 2004
£214,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 810 sq ft
sale price: £495,000
sale date: 16 Aug 2019
rooms: 3
size: 786 sq ft
sale price: £500,000
sale date: 22 Jun 2018
rooms: 3
size: 818 sq ft
sale price: £440,000
sale date: 30 Jan 2015
rooms: 3
size: 883 sq ft
sale price: £335,000
sale date: 23 Aug 2013
rooms: 3
size: 786 sq ft
sale price: £334,000
sale date: 16 Apr 2013

Data Sources

The property at Unit 50, Omega Works, 4 Roach Road, London, E3 2PD appears four times in the Land Registry records, with the latest transaction recorded on 2 Sep 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Dec 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.