Flat 38, Royal Tower Lodge, 40 Cartwright Street, London, E1 8LX is a leasehold flat built between 1996-2002. The property offers approximately 797 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £623,858 , which equates to approximately £783 per square foot. It was last sold on 15 Aug 2013 for £430,000. Since then, the value has increased by £193,858, representing a 45.1% increase, or approximately 3.7% per year.

The current estimated value of £623,858 is:

  • 18.6% higher than the average property price on Cartwright Street
  • 2.2% higher than the average in the E1 8LX postcode area
  • and 28.7% lower than the average price for London as a whole

At the most recent EPC inspection on 1 March 2013, 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
797 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£623,858
Price Per sq ft (estimate)
£783
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 38, 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 1 Mar 2013.

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 3 Oct 2008, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 17.2%.

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 roof construction or insulation changed from flat, insulated (assumed) to pitched, insulated (assumed), improving energy efficiency from average to good.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from no low energy lighting to low energy lighting in 8% of fixed outlets, with no change in efficiency (very poor).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 8% of fixed outlets
Very Poor

Compared to E1 8LX

3 rd / 49
Price Rank
2% higher than average
8 th / 44
Size Rank
23% bigger than average
30 th / 44
Price Per Sq FT Rank
17% lower than average

Compared to other properties in E1 8LX , this flat's estimated value ranks 3rd out of 49. Based on price per square foot, it ranks 30th 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 8th out of 44 properties in its postcode area.

Sale History

Today
£623,858
streetscan.co.uk estimate
+45 %
15 Aug 2013
£430,000
Leasehold
+160.6 %
29 Oct 1999
£165,000
Leasehold
+18.7 %
26 May 1995
£139,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 700 sq ft
sale price: £520,000
sale date: 6 Dec 2023
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: 2
size: 786 sq ft
sale price: £425,000
sale date: 16 Dec 2014

Data Sources

The property at Flat 38, Royal Tower Lodge, 40 Cartwright Street, London, E1 8LX appears three times in the Land Registry records, with the latest transaction recorded on 15 Aug 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Mar 2013. 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.