Apartment 408, East Block Forum Magnum Square, London, SE1 7GN is a leasehold flat built between 1991-1995. The property offers approximately 484 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £711,299 , which equates to approximately £1,469 per square foot. It was last sold on 23 May 2000 for £205,000. Since then, the value has increased by £506,299, representing a 247.0% increase, or approximately 9.7% per year.

The current estimated value of £711,299 is:

  • 18.9% lower than the average property price on Forum Magnum Square
  • 22.9% lower than the average in the SE1 7GN postcode area
  • and 18.7% 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
1991-1995
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£711,299
Price Per sq ft (estimate)
£1,469
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 408, East Block Forum Magnum Square, London, Lambeth, Greater London Authority, SE1 7GN has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 14 Jan 2020.

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 10 Feb 2010, when the property was rated D. Since then, the rating has improved to B, with the energy efficiency score increasing by 24.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, 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 system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 44% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency improving from average to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to SE1 7GN

75 th / 88
Price Rank
23% lower than average
65 th / 71
Size Rank
36% smaller than average
16 th / 71
Price Per Sq FT Rank
20% higher than average

Compared to other properties in SE1 7GN , this flat's estimated value ranks 75th out of 88. Based on price per square foot, it ranks 16th out of 71 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 65th out of 71 properties in its postcode area.

Sale History

Today
£711,299
streetscan.co.uk estimate
+247 %
23 May 2000
£205,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £460,000
sale date: 27 Jan 2023
rooms: 2
size: 474 sq ft
sale price: £540,000
sale date: 13 Feb 2020
rooms: 2
size: 463 sq ft
sale price: £610,000
sale date: 30 Jan 2019
rooms: 1
size: 474 sq ft
sale price: £660,000
sale date: 12 Nov 2014
rooms: 2
size: 538 sq ft
sale price: £320,000
sale date: 22 Mar 2006

Data Sources

The property at Apartment 408, East Block Forum Magnum Square, London, Lambeth, Greater London Authority, SE1 7GN appears once in the Land Registry records, with the transaction recorded on 23 May 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Jan 2020. 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.