Apartment 215, East Block Forum Magnum Square, London, SE1 7GN is a leasehold flat built between 1991-1995. The property offers approximately 883 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £971,018 , which equates to approximately £1,100 per square foot. It was last sold on 11 Aug 2006 for £499,950. Since then, the value has increased by £471,068, representing a 94.2% increase, or approximately 4.9% per year.

The current estimated value of £971,018 is:

  • 10.7% higher than the average property price on Forum Magnum Square
  • 5.3% higher than the average in the SE1 7GN postcode area
  • and 10.9% higher than the average price for London as a whole

At the most recent EPC inspection on 26 November 2021, the property was recorded as rented.

View sold house prices in SE1 7GN

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
883 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£971,018
Price Per sq ft (estimate)
£1,100
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 215, East Block Forum Magnum Square, London, Lambeth, Greater London, SE1 7GN has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 26 Nov 2021.

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 17 Sep 2009, when the property was rated D. Since then, the rating has improved to B, with the energy efficiency score increasing by 32.8%.

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 system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • 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 updated from no low energy lighting to low energy lighting in 38% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 38% of fixed outlets
Average

Compared to SE1 7GN

35 th / 88
Price Rank
5% higher than average
22 nd / 71
Size Rank
17% bigger than average
49 th / 71
Price Per Sq FT Rank
10% lower than average

Compared to other properties in SE1 7GN , this flat's estimated value ranks 35th out of 88. Based on price per square foot, it ranks 49th 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 22th out of 71 properties in its postcode area.

Sale History

Today
£971,018
streetscan.co.uk estimate
+94 %
11 Aug 2006
£499,950
Leasehold
+11.1 %
22 Dec 2003
£450,000
Leasehold
+60.7 %
20 Apr 2000
£280,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 969 sq ft
sale price: £800,000
sale date: 31 Jan 2023
rooms: 3
size: 861 sq ft
sale price: £850,000
sale date: 25 Jan 2019
rooms: 3
size: 807 sq ft
sale price: £930,000
sale date: 29 Oct 2018
rooms: 3
size: 807 sq ft
sale price: £1,010,000
sale date: 5 Jan 2018
rooms: 3
size: 764 sq ft
sale price: £895,000
sale date: 13 Jul 2017

Data Sources

The property at Apartment 215, East Block Forum Magnum Square, London, SE1 7GN appears three times in the Land Registry records, with the latest transaction recorded on 11 Aug 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Nov 2021. 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.