According to the public record, Flat 1, Omega Building 203, London is a modern leasehold apartment and with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Omega Building, Amhurst Road, London, E8.
Amhurst Road, London, E8 is located in the borough of Hackney within the E8 postal district.
Flat 1, Omega Building 203, London has 31 entries in the Land Registry database, most recently in September 2016 and a single entry in the EPC database dated December 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 1 Omega Building 203 London as £589,396 and the rental value as £2,781 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 1 Omega Building 203 London has increased by £9,574 (1.6%) and its rental value has increased by £158 per month (5.7%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 1, Omega Building 203, London is in very good condition we estimate a sale value of £618,866 and rental value of £2,920 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £548,138 and a rental value of £2,587 per month.
If you were able to purchase this property for the estimated value of £589,396, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,897 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 1, Omega Building 203, London was last sold on 06 Sep 2016 for £525,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2016, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Omega Building 203, London within a radius of 81m over the last 2 years.
The most recent example is Flat 4, Epsilon Building 197, Amhurst Road, London, E8 2RN, a Leasehold flat which sold for £525,000 in Oct 2023.
Read more about house prices in E8.
Amhurst Road, London, E8 has a total of 1275 addresses. According to our analysis of all the public data, Flat 1, Omega Building 203, London is the 426th largest and the 178th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in E8.
Flat 1, Omega Building 203, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Dec 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, Omega Building 203, London is Hackney Downs station which is 600 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, Omega Building 203, London, 82.0% of property is socially rented and 6.0% is shared ownership.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 1, Omega Building 203, London, 27.2% of residents are recorded as possessing school level qualifications and 38.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 1, Omega Building 203, London, the average age was 34.7 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 1, Omega Building 203, London, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 1, Omega Building 203, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.