Unit 51, Omega Works, 4 Roach Road, London, E3 2PD is a leasehold flat built between 2003-2006. The property offers approximately 786 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 £447,806 , which equates to approximately £570 per square foot. It was last sold on 6 May 2004 for £219,000. Since then, the value has increased by £228,806, representing a 104.5% increase, or approximately 4.8% per year.

The current estimated value of £447,806 is:

  • 8.5% lower than the average property price on Roach Road
  • 11.6% lower than the average in the E3 2PD postcode area
  • and 48.8% 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 rented both times. This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 22 August 2023, the property was recorded as rented.

View sold house prices in E3 2PD

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
786 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£447,806
Price Per sq ft (estimate)
£570
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Unit 51, Omega Works, 4 Roach Road, London, Tower Hamlets, Greater London, E3 2PD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Aug 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 2 Jul 2021, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 21.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric underfloor heating, improving energy efficiency from very poor to average.
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

33 rd / 52
Price Rank
12% lower than average
38 th / 44
Size Rank
18% smaller than average
10 th / 44
Price Per Sq FT Rank
8% higher than average

Compared to other properties in E3 2PD , this flat's estimated value ranks 33th out of 52. Based on price per square foot, it ranks 10th 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 38th out of 44 properties in its postcode area.

Sale History

Today
£447,806
streetscan.co.uk estimate
+104 %
6 May 2004
£219,000
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: £550,000
sale date: 2 Sep 2016
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

Data Sources

The property at Unit 51, Omega Works, 4 Roach Road, London, Tower Hamlets, Greater London, E3 2PD appears once in the Land Registry records, with the transaction recorded on 6 May 2004. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Aug 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.