Flat 242, Cromwell Tower
Flat 242, Cromwell Tower
Description & Estimates
Flat 242, Cromwell Tower appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a mid-century apartment with 992 ft2 of internal area and a balcony.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 242, Cromwell Tower is £1,282,692 and its rental estimate is £4,996 per month, given the available information and assuming reasonable condition.
Cromwell Tower, Barbican is a residential building on Barbican, London, EC2 and falls within the EC2 postal district and the London Borough of City and County of the City of London.
Our Data Sources
Flat 242, Cromwell Tower has 21 entries in the Land Registry , most recently in May 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 242, Cromwell Tower, we estimate a market value of £1,346,826 and a rental value of £5,246 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,192,903 and £4,646 per month respectively.
Recent Market Change
Over the last year, Flat 242, Cromwell Tower has seen its estimated sale value fall by £47,808 (3.7%) and its estimated rental value move up by £263 per month (5.3%). This results in an estimated gross rental yield of 4.7%.
Sold Prices
The most recent sale of Flat 242, Cromwell Tower completed on 6th May 2022 at £1,550,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 9.4% over the period since May 2022.
- Sold May 2022£1,550,000
- Sold Aug 1996£185,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 242, Cromwell Tower have sold within a radius of 220 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th April 2025, was Flat 171, Cromwell Tower, Barbican, London, EC2Y 8DD, a leasehold flat which sold for £1,335,000.
Read more about house prices in EC2.
- Sold Apr 2025£1,335,000 | 2 Bed FlatCromwell Tower, BarbicanFlat 171, Cromwell Tower, Barbican, London, EC2Y 8DD
- Sold May 2023£1,768,885 | 2 Bed FlatCromwell Tower, BarbicanFlat 312, Cromwell Tower, Barbican, London, EC2Y 8NB
- Sold Apr 2022£1,620,000 | 2 Bed FlatCromwell Tower, BarbicanFlat 192, Cromwell Tower, Barbican, London, EC2Y 8DD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 1944 addresses on Barbican, London, EC2, Flat 242, Cromwell Tower comes out as the 428th largest and the 355th most expensive in our analysis of the public data.
It is also £377k more expensive than the average property across the EC2 district.
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Schools Nearby
- 100mPrior Weston Primary School and Children's Centre
- 400mCity of London Primary Academy, Islington
- 700mSt Luke's CofE Primary School
- 700mCentral Foundation Boys' School
- 1.8kmCity of London Academy Islington
- 1.8kmMulberry Academy Shoreditch
More reading links
Public Transport Nearby
From Flat 242, Cromwell Tower, the nearest station is Moorgate, 200 metres away.
- 200mMoorgate
- 300mBarbican
- 700mOld Street
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
