Apartment 116, East Block Forum Magnum Square, London, SE1 7GN is a leasehold other property built between 1996-2002. The property offers approximately 904 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £758,074 , which equates to approximately £838 per square foot. It was last sold on 7 Oct 2022 for £812,500. Since then, the value has decreased by £54,426, representing a 6.7% decrease, or approximately 2.1% per year.

The current estimated value of £758,074 is:

  • 13.6% lower than the average property price on Forum Magnum Square
  • 17.8% lower than the average in the SE1 7GN postcode area
  • and 13.4% lower than the average price for London as a whole

View sold house prices in SE1 7GN

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
904 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£758,074
Price Per sq ft (estimate)
£838
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 116, East Block Forum Magnum Square, London, Lambeth, Greater London Authority, SE1 7GN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Nov 2018.

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 20 Jul 2017. The rating of D remains the same, but the energy efficiency score improved by 1.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was changed from low energy lighting in 33% of fixed outlets to low energy lighting in 31% of fixed outlets, with no change in efficiency (average).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 31% of fixed outlets
Average

Compared to SE1 7GN

48 th / 88
Price Rank
18% lower than average
20 th / 71
Size Rank
20% bigger than average
67 th / 71
Price Per Sq FT Rank
31% lower than average

Compared to other properties in SE1 7GN , this flat's estimated value ranks 48th out of 88. Based on price per square foot, it ranks 67th out of 71 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 20th out of 71 properties in its postcode area.

Sale History

Today
£758,074
streetscan.co.uk estimate
-7 %
7 Oct 2022
£812,500
Leasehold
+225 %
21 Mar 2000
£249,995
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 969 sq ft
sale price: £800,000
sale date: 31 Jan 2023
rooms: 2
size: 667 sq ft
sale price: £220,000
sale date: 27 Jul 2000
rooms: 3
size: 969 sq ft
sale price: £375,000
sale date: 15 Oct 2003
rooms: 2
size: 581 sq ft
sale price: £300,000
sale date: 2 Jun 2003
rooms: 3
size: 1085 sq ft
sale price: £475,000
sale date: 24 Apr 2003

Data Sources

The property at Apartment 116, East Block Forum Magnum Square, London, SE1 7GN appears two times in the Land Registry records, with the latest transaction recorded on 7 Oct 2022. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Nov 2018. 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.