Flat 28 Royal Tower Lodge, 40 Cartwright Street

    FLAT 28 ROYAL TOWER LODGE, 40, CARTWRIGHT STREET, LONDON, E1 8LX

    This flat/maisonette leasehold property on Cartwright Street last sold in December 2023 for £520,000. Based on price growth in the E1 district since then, its estimated current value is £460,595 — placing it in the 75th percentile nationally and the 53rd percentile within E1. The property covers 65 m² (700 sq ft), giving an estimated value of £7,086 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £520,000

    Dec 2023

    Estimated Valuation

    £460,595

    Est. £/sq ft

    £658/sq ft

    £7,086/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    6 Dec 2023

    £520,000

    14 Sept 2005

    £270,000

    14 Feb 2003

    £235,000

    19 May 1995

    New build

    £132,995

    Key Metrics

    Estimated valuation£460,595
    Value per sq ft / m²£658/sq ft (£7,086/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    E1 district percentile53rd percentile
    National percentile75th 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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