Apartment 215, West Block Forum Magnum Square, London, SE1 7GL is a leasehold flat built before 1900. The property offers approximately 926 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 £1,178,741 , which equates to approximately £1,273 per square foot. It was last sold on 6 Aug 2010 for £725,000. Since then, the value has increased by £453,741, representing a 62.6% increase, or approximately 4.1% per year.

The current estimated value of £1,178,741 is:

  • 37.0% higher than the average property price on Forum Magnum Square
  • 53.2% higher than the average in the SE1 7GL postcode area
  • and 41.1% higher 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 2 February 2022, the property was recorded as owner-occupied.

View sold house prices in SE1 7GL

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
926 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£1,178,741
Price Per sq ft (estimate)
£1,273
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 215, West Block Forum Magnum Square, London, Lambeth, Greater London, SE1 7GL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 2 Feb 2022.

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 16 Apr 2010, when the property was rated B. The current rating of D reflects a decline in energy efficiency of 30.9%.

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 wall construction or insulation changed from cavity wall, as built, insulated (assumed) to granite or whinstone, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Granite or whinstone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE1 7GL

19 th / 89
Price Rank
53% higher than average
13 th / 78
Size Rank
48% bigger than average
56 th / 78
Price Per Sq FT Rank
4% higher than average

Compared to other properties in SE1 7GL , this flat's estimated value ranks 19th out of 89. Based on price per square foot, it ranks 56th out of 78 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 13th out of 78 properties in its postcode area.

Sale History

Today
£1,178,741
streetscan.co.uk estimate
+63 %
6 Aug 2010
£725,000
Leasehold
+168.5 %
22 May 2000
£270,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1012 sq ft
sale price: £875,000
sale date: 28 Feb 2023
rooms: 4
size: 915 sq ft
sale price: £785,000
sale date: 10 Jun 2021
rooms: 4
size: 1001 sq ft
sale price: £1,070,000
sale date: 16 Mar 2018
rooms: 4
size: 1044 sq ft
sale price: £1,050,000
sale date: 2 Sep 2016
rooms: 3
size: 861 sq ft
sale price: £1,090,000
sale date: 22 Mar 2016

Data Sources

The property at Apartment 215, West Block Forum Magnum Square, London, SE1 7GL appears two times in the Land Registry records, with the latest transaction recorded on 6 Aug 2010. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Feb 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.