Flat 42 Royal Tower Lodge, 40 Cartwright Street

    FLAT 42 ROYAL TOWER LODGE, 40, CARTWRIGHT STREET, LONDON, E1 8LX

    This flat/maisonette leasehold property on Cartwright Street last sold in December 2015 for £645,000. Based on price growth in the E1 district since then, its estimated current value is £565,072 — placing it in the 84th percentile nationally and the 70th percentile within E1. The property covers 137 m² (1,475 sq ft), giving an estimated value of £4,125 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,475 sq ft

    137 m²

    Last Sale Price

    £645,000

    Dec 2015

    Estimated Valuation

    £565,072

    Est. £/sq ft

    £383/sq ft

    £4,125/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2013
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area1,475 sq ft (137 m²)
    EPC dateNov 2015
    WallsAverage thermal transmittance 0.15 W/m²K
    HeatingAir source heat pump, underfloor, electric

    Transaction History

    15 Dec 2015

    £645,000

    Key Metrics

    Estimated valuation£565,072
    Value per sq ft / m²£383/sq ft (£4,125/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile70th percentile
    National percentile84th 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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