Apartment 602, West Block Forum Magnum Square, London, SE1 7GL is a leasehold flat built before 1900. The property offers approximately 1,076 square feet of living space and is situated on the 8th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £1,114,619 , which equates to approximately £1,035 per square foot. It was last sold on 24 Jun 2005 for £520,000. Since then, the value has increased by £594,619, representing a 114.3% increase, or approximately 5.6% per year.

The current estimated value of £1,114,619 is:

  • 29.5% higher than the average property price on Forum Magnum Square
  • 44.9% higher than the average in the SE1 7GL postcode area
  • and 33.4% higher than the average price for London as a whole

View sold house prices in SE1 7GL

Building approximate location

About Property

Type
Terraced Maisonette
Built
before 1900
Interior Size
1076 sq ft
Tenure
Leasehold
Floor level
8th floor
Price (estimate)
£1,114,619
Price Per sq ft (estimate)
£1,035
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Apartment 602, West Block Forum Magnum Square, London, Lambeth, Greater London Authority, SE1 7GL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 30 Mar 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.

The previous EPC assessment was conducted on 24 May 2010, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 25.4%.

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 hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from flat, insulated (assumed) to flat, no insulation (assumed), changing energy efficiency from average to very poor.
  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to granite or whinstone, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was updated from low energy lighting in 6% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Flat, no insulation (assumed)
Very Poor
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

10 th / 89
Price Rank
45% higher than average
7 th / 78
Size Rank
72% bigger than average
40 th / 78
Price Per Sq FT Rank
16% lower than average

Compared to other properties in SE1 7GL , this maisonette's estimated value ranks 10th out of 89. Based on price per square foot, it ranks 40th out of 78 properties. In terms of size, this home ranks 7th out of 78 properties in its postcode area.

Sale History

Today
£1,114,619
streetscan.co.uk estimate
+114 %
24 Jun 2005
£520,000
Leasehold
+18.2 %
3 Aug 2000
£440,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Apartment 611, West Block Forum Magnum Square, London, SE1 7GL
rooms: 4
size: 1012 sq ft
sale price: £875,000
sale date: 28 Feb 2023
Apartment 616, West Block Forum Magnum Square, London, SE1 7GL
rooms: 4
size: 1087 sq ft
sale price: £860,000
sale date: 10 Feb 2023
Apartment 603, West Block Forum Magnum Square, London, SE1 7GL
rooms: 4
size: 915 sq ft
sale price: £785,000
sale date: 10 Jun 2021
Apartment 605, West Block Forum Magnum Square, London, SE1 7GL
rooms: 4
size: 1001 sq ft
sale price: £1,070,000
sale date: 16 Mar 2018
Apartment 608, West Block Forum Magnum Square, London, SE1 7GL
rooms: 4
size: 1044 sq ft
sale price: £1,050,000
sale date: 2 Sep 2016

Data Sources

The property at Apartment 602, West Block Forum Magnum Square, London, SE1 7GL appears two times in the Land Registry records, with the latest transaction recorded on 24 Jun 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Mar 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.
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