Apartment 306, West Block Forum Magnum Square, London, SE1 7GL is a leasehold flat built between 1930-1949. The property offers approximately 743 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £937,158 , which equates to approximately £1,262 per square foot. It was last sold on 4 Dec 2017 for £945,000. Since then, the value has decreased by £7,842, representing a 0.8% decrease, or approximately 0.1% per year.

The current estimated value of £937,158 is:

  • 8.9% higher than the average property price on Forum Magnum Square
  • 21.8% higher than the average in the SE1 7GL postcode area
  • and 12.1% higher than the average price for London as a whole

At the most recent EPC inspection on 18 March 2022, the property was recorded as owner-occupied.

View sold house prices in SE1 7GL

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
743 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£937,158
Price Per sq ft (estimate)
£1,262
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 306, West Block Forum Magnum Square, London, Lambeth, Greater London, SE1 7GL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Mar 2022.

This property uses electric room 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 13 Apr 2012. The rating of C is unchanged, though the energy efficiency score decreased by 5.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was changed from low energy lighting in 40% of fixed outlets to low energy lighting in 29% of fixed outlets, with no change in efficiency (average).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 29% of fixed outlets
Average

Compared to SE1 7GL

28 th / 89
Price Rank
22% higher than average
24 th / 78
Size Rank
18% bigger than average
61 st / 78
Price Per Sq FT Rank
3% higher than average

Compared to other properties in SE1 7GL , this flat's estimated value ranks 28th out of 89. Based on price per square foot, it ranks 61th 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 24th out of 78 properties in its postcode area.

Sale History

Today
£937,158
streetscan.co.uk estimate
-1 %
4 Dec 2017
£945,000
Leasehold
+288.9 %
31 May 2000
£243,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 646 sq ft
sale price: £605,000
sale date: 29 Nov 2019
rooms: 3
size: 764 sq ft
sale price: £670,000
sale date: 7 Feb 2008
rooms: 3
size: 797 sq ft
sale price: £650,000
sale date: 20 Dec 2007
rooms: 3
size: 678 sq ft
sale price: £385,000
sale date: 31 Jan 2007
rooms: 3
size: 732 sq ft
sale price: £436,800
sale date: 24 May 2006

Data Sources

The property at Apartment 306, West Block Forum Magnum Square, London, SE1 7GL appears two times in the Land Registry records, with the latest transaction recorded on 4 Dec 2017. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Mar 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.


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