Apartment 507, East Block Forum Magnum Square, London, SE1 7GN is a leasehold flat built between 1930-1949. The property offers approximately 581 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £753,866 , which equates to approximately £1,297 per square foot. It was last sold on 2 Jun 2003 for £300,000. Since then, the value has increased by £453,866, representing a 151.3% increase, or approximately 6.7% per year.

The current estimated value of £753,866 is:

  • 14.1% lower than the average property price on Forum Magnum Square
  • 18.3% lower than the average in the SE1 7GN postcode area
  • and 13.9% lower than the average price for London as a whole

At the most recent EPC inspection on 16 July 2021, 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
581 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£753,866
Price Per sq ft (estimate)
£1,297
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 507, East Block Forum Magnum Square, London, Lambeth, Greater London, SE1 7GN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Jul 2021.

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 15 Jul 2019. The rating of C is unchanged, though the energy efficiency score decreased by 2.6%.

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 sandstone or limestone, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in 56% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, 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 7GN

67 th / 88
Price Rank
18% lower than average
47 th / 71
Size Rank
23% smaller than average
36 th / 71
Price Per Sq FT Rank
6% higher than average

Compared to other properties in SE1 7GN , this flat's estimated value ranks 67th out of 88. Based on price per square foot, it ranks 36th out of 71 properties. In terms of size, this home ranks 47th out of 71 properties in its postcode area.

Sale History

Today
£753,866
streetscan.co.uk estimate
+151 %
2 Jun 2003
£300,000
Leasehold
+49.6 %
8 Jun 2000
£200,550
Leasehold

Area Insights

Similar Properties Sold Nearby

Apartment 606, East Block Forum Magnum Square, London, SE1 7GN
rooms: 2
size: 506 sq ft
sale price: £460,000
sale date: 27 Jan 2023
Apartment 208, East Block Forum Magnum Square, London, SE1 7GN
rooms: 2
size: 570 sq ft
sale price: £580,000
sale date: 29 Mar 2021
Apartment 406, East Block Forum Magnum Square, London, SE1 7GN
rooms: 2
size: 570 sq ft
sale price: £535,000
sale date: 27 Nov 2020
Apartment 715, East Block Forum Magnum Square, London, SE1 7GN
rooms: 3
size: 667 sq ft
sale price: £632,000
sale date: 21 Aug 2020
Apartment 709, East Block Forum Magnum Square, London, SE1 7GN
rooms: 2
size: 581 sq ft
sale price: £665,000
sale date: 10 May 2019

Data Sources

The property at Apartment 507, East Block Forum Magnum Square, London, SE1 7GN appears two times in the Land Registry records, with the latest transaction recorded on 2 Jun 2003. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Jul 2021. 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.
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