Flat 50, Royal Tower Lodge, 40 Cartwright Street, London, E1 8LX is a leasehold flat built in 2012 onwards. The property offers approximately 936 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £823,588 , which equates to approximately £880 per square foot. It was last sold on 15 Dec 2015 for £815,000. Since then, the value has increased by £8,588, representing a 1.1% increase, or approximately 0.1% per year.

The current estimated value of £823,588 is:

  • 56.5% higher than the average property price on Cartwright Street
  • 35.0% higher than the average in the E1 8LX postcode area
  • and 5.9% 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 14 November 2022, the property was recorded as owner-occupied.

View sold house prices in E1 8LX

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
936 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£823,588
Price Per sq ft (estimate)
£880
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 50, Royal Tower Lodge, 40 Cartwright Street, London, Tower Hamlets, Greater London, E1 8LX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Nov 2022.

This property is heated by an air source heat pump and underfloor heating. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Nov 2015, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 12.8%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as from main system.
  • The roof construction or insulation changed from average thermal transmittance 0.12 w/m-¦k to flat, insulated (assumed), changing energy efficiency from very good to good.
  • The wall construction or insulation changed from average thermal transmittance 0.15 w/m-¦k to cavity wall, with external insulation, with no change in energy efficiency (very good).
Heating Type
Air source heat pump, underfloor, electric
Average
Hot Water
From main system
Poor
Roof
Flat, insulated (assumed)
Good
Walls
Cavity wall, with external insulation
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to E1 8LX

22 nd / 49
Price Rank
35% higher than average
3 rd / 44
Size Rank
45% bigger than average
42 nd / 44
Price Per Sq FT Rank
7% lower than average

Compared to other properties in E1 8LX , this flat's estimated value ranks 22th out of 49. Based on price per square foot, it ranks 42th 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 3rd out of 44 properties in its postcode area.

Sale History

Today
£823,588
streetscan.co.uk estimate
+1 %
15 Dec 2015
£815,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1066 sq ft
sale price: £850,000
sale date: 15 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
rooms: 3
size: 840 sq ft
sale price: £337,500
sale date: 12 Dec 2006

Data Sources

The property at Flat 50, Royal Tower Lodge, 40 Cartwright Street, London, Tower Hamlets, Greater London, E1 8LX appears once in the Land Registry records, with the transaction recorded on 15 Dec 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Nov 2022. 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.