Flat 12, Royal Tower Lodge, 40 Cartwright Street, London, E1 8LX is a leasehold flat built between 1996-2002. The property offers approximately 786 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £471,730 , which equates to approximately £600 per square foot. It was last sold on 16 Dec 2014 for £425,000. Since then, the value has increased by £46,730, representing a 11.0% increase, or approximately 1.0% per year.

The current estimated value of £471,730 is:

  • 10.4% lower than the average property price on Cartwright Street
  • 22.7% lower than the average in the E1 8LX postcode area
  • and 46.1% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 21 August 2020, the property was recorded as owner-occupied.

View sold house prices in E1 8LX

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
786 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£471,730
Price Per sq ft (estimate)
£600
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 12, Royal Tower Lodge, 40 Cartwright Street, London, Tower Hamlets, Greater London Authority, E1 8LX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Aug 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Oct 2009. The rating of C is unchanged, though the energy efficiency score decreased by 1.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, off-peak.
  • The lighting was changed from low energy lighting in 90% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 8LX

29 th / 49
Price Rank
23% lower than average
10 th / 44
Size Rank
22% bigger than average
38 th / 44
Price Per Sq FT Rank
36% lower than average

Compared to other properties in E1 8LX , this flat's estimated value ranks 29th out of 49. Based on price per square foot, it ranks 38th out of 44 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 10th out of 44 properties in its postcode area.

Sale History

Today
£471,730
streetscan.co.uk estimate
+11 %
16 Dec 2014
£425,000
Leasehold
+272.8 %
28 Apr 1995
£114,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 727 sq ft
sale price: £512,500
sale date: 15 Nov 2019
rooms: 3
size: 764 sq ft
sale price: £805,000
sale date: 21 Dec 2015
rooms: 3
size: 807 sq ft
sale price: £645,000
sale date: 15 Dec 2015
rooms: 3
size: 797 sq ft
sale price: £430,000
sale date: 15 Aug 2013
rooms: 3
size: 797 sq ft
sale price: £325,000
sale date: 15 Dec 2008

Data Sources

The property at Flat 12, Royal Tower Lodge, 40 Cartwright Street, London, E1 8LX appears two times in the Land Registry records, with the latest transaction recorded on 16 Dec 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Aug 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.