Apartment 316, West Block Forum Magnum Square, London, SE1 7GL is a leasehold flat built before 1900. The property offers approximately 678 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 £706,449 , which equates to approximately £1,042 per square foot. It was last sold on 31 Jan 2007 for £385,000. Since then, the value has increased by £321,449, representing a 83.5% increase, or approximately 4.4% per year.

The current estimated value of £706,449 is:

  • 17.9% lower than the average property price on Forum Magnum Square
  • 8.2% lower than the average in the SE1 7GL postcode area
  • and 15.5% lower than the average price for London as a whole

View sold house prices in SE1 7GL

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£706,449
Price Per sq ft (estimate)
£1,042
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 316, West Block Forum Magnum Square, London, Lambeth, Greater London Authority, SE1 7GL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Apr 2019.

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.

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
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE1 7GL

31 st / 89
Price Rank
8% lower than average
27 th / 78
Size Rank
8% bigger than average
57 th / 78
Price Per Sq FT Rank
15% lower than average

Compared to other properties in SE1 7GL , this flat's estimated value ranks 31th out of 89. Based on price per square foot, it ranks 57th 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 27th out of 78 properties in its postcode area.

Sale History

Today
£706,449
streetscan.co.uk estimate
+83 %
31 Jan 2007
£385,000
Leasehold
+42.6 %
8 Sep 2000
£270,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 581 sq ft
sale price: £555,000
sale date: 15 Mar 2024
rooms: 2
size: 646 sq ft
sale price: £605,000
sale date: 29 Nov 2019
rooms: 3
size: 743 sq ft
sale price: £945,000
sale date: 4 Dec 2017
rooms: 2
size: 581 sq ft
sale price: £450,000
sale date: 9 Jan 2015
rooms: 2
size: 603 sq ft
sale price: £405,000
sale date: 29 Jun 2009

Data Sources

The property at Apartment 316, West Block Forum Magnum Square, London, SE1 7GL appears two times in the Land Registry records, with the latest transaction recorded on 31 Jan 2007. It also has a single Energy Performance Certificate (EPC) from 3 Apr 2019. 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.