Flat 24 Royal Tower Lodge, 40 Cartwright Street

    FLAT 24 ROYAL TOWER LODGE, 40, CARTWRIGHT STREET, LONDON, E1 8LX

    This flat/maisonette leasehold property on Cartwright Street last sold in May 1999 for £117,000. Based on price growth in the E1 district since then, its estimated current value is £411,395 — placing it in the 69th percentile nationally and the 41st percentile within E1. The property covers 36 m² (388 sq ft), giving an estimated value of £11,428 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    388 sq ft

    36 m²

    Last Sale Price

    £117,000

    May 1999

    Estimated Valuation

    £411,395

    Est. £/sq ft

    £1,062/sq ft

    £11,428/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area388 sq ft (36 m²)
    EPC dateJun 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    7 May 1999

    £117,000

    24 May 1995

    New build

    £84,995

    Key Metrics

    Estimated valuation£411,395
    Value per sq ft / m²£1,062/sq ft (£11,428/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile41st percentile
    National percentile69th percentile

    District Context — E1

    E1 covers central East London neighbourhoods including Whitechapel, Aldgate, and the fringe of the City, positioned just east of the financial district. It is a densely populated, predominantly young and professional area with a strong rental market and high ethnic diversity.

    Average Property Price - E1

    £526,219

    83

    National percentile

    Average Net Household Income - E1

    £52,662

    93

    National percentile

    10-Year Annualised Price Growth - E1

    -0.8%

    2

    National percentile

    10-Year Annualised Rent Growth - E

    3.3%

    19

    National percentile

    View full analysis for E1

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