Flat 40 Royal Tower Lodge, 40 Cartwright Street

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

    This flat/maisonette leasehold property on Cartwright Street last sold in August 2016 for £480,000. Based on price growth in the E1 district since then, its estimated current value is £376,231 — placing it in the 64th percentile nationally and the 32nd percentile within E1. The property covers 54 m² (581 sq ft), giving an estimated value of £6,967 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £480,000

    Aug 2016

    Estimated Valuation

    £376,231

    Est. £/sq ft

    £647/sq ft

    £6,967/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateMay 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters, Electric storage heaters

    Transaction History

    25 Aug 2016

    £480,000

    10 Feb 2006

    £215,000

    14 Feb 2003

    £196,000

    8 Jan 2000

    £140,000

    26 May 1995

    New build

    £114,000

    Key Metrics

    Estimated valuation£376,231
    Value per sq ft / m²£647/sq ft (£6,967/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile32nd percentile
    National percentile64th 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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