Flat 35 Royal Tower Lodge, 40 Cartwright Street

    FLAT 35 ROYAL TOWER LODGE, 40, CARTWRIGHT STREET, LONDON, LONDON, E1 8LX

    This flat/maisonette leasehold property on Cartwright Street last sold in November 2008 for £277,000. Based on price growth in the E1 district since then, its estimated current value is £430,010 — placing it in the 71st percentile nationally and the 46th percentile within E1. The property covers 52 m² (560 sq ft), giving an estimated value of £8,269 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £277,000

    Nov 2008

    Estimated Valuation

    £430,010

    Est. £/sq ft

    £768/sq ft

    £8,269/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area560 sq ft (52 m²)
    EPC dateApr 2018
    WallsSystem built, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    7 Nov 2008

    £277,000

    7 Dec 2001

    £205,000

    4 Sept 1995

    £101,000

    26 May 1995

    New build

    £95,995

    Key Metrics

    Estimated valuation£430,010
    Value per sq ft / m²£768/sq ft (£8,269/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile46th percentile
    National percentile71st 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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