Apartment 502, East Block Forum Magnum Square, London, SE1 7GN is a leasehold flat built between 1930-1949. The property offers approximately 969 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £780,000 , which equates to approximately £805 per square foot. It was last sold on 31 Jan 2023 for £800,000. Since then, the value has decreased by £20,000, representing a 2.5% decrease, or approximately 0.9% per year.

The current estimated value of £780,000 is:

  • 11.1% lower than the average property price on Forum Magnum Square
  • 15.4% lower than the average in the SE1 7GN postcode area
  • and 10.9% lower than the average price for London as a whole

At the most recent EPC inspection on 31 October 2022, the property was recorded as owner-occupied.

View sold house prices in SE1 7GN

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
969 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£780,000
Price Per sq ft (estimate)
£805
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 502, East Block Forum Magnum Square, London, Lambeth, Greater London, SE1 7GN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 31 Oct 2022.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 56% of fixed outlets
Good

Compared to SE1 7GN

25 th / 88
Price Rank
15% lower than average
10 th / 71
Size Rank
28% bigger than average
54 th / 71
Price Per Sq FT Rank
34% lower than average

Compared to other properties in SE1 7GN , this flat's estimated value ranks 25th out of 88. Based on price per square foot, it ranks 54th 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 10th out of 71 properties in its postcode area.

Sale History

Today
£780,000
streetscan.co.uk estimate
-3 %
31 Jan 2023
£800,000
Leasehold
+95.1 %
26 Apr 2002
£410,000
Leasehold
+33.3 %
30 Jun 2000
£307,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 861 sq ft
sale price: £850,000
sale date: 25 Jan 2019
rooms: 3
size: 1104 sq ft
sale price: £1,250,000
sale date: 9 Jun 2015
rooms: 3
size: 872 sq ft
sale price: £1,100,000
sale date: 13 Mar 2015
rooms: 3
size: 915 sq ft
sale price: £970,000
sale date: 5 Feb 2015
rooms: 3
size: 1111 sq ft
sale price: £985,000
sale date: 4 Mar 2014

Data Sources

The property at Apartment 502, East Block Forum Magnum Square, London, SE1 7GN appears three times in the Land Registry records, with the latest transaction recorded on 31 Jan 2023. It also has a single Energy Performance Certificate (EPC) from 31 Oct 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.