Apartment 603, West Block Forum Magnum Square, London, SE1 7GL is a leasehold flat built between 1996-2002. The property offers approximately 915 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £748,962 , which equates to approximately £819 per square foot. It was last sold on 10 Jun 2021 for £785,000. Since then, the value has decreased by £36,038, representing a 4.6% decrease, or approximately 1.0% per year.

The current estimated value of £748,962 is:

  • 13.0% lower than the average property price on Forum Magnum Square
  • 2.6% lower than the average in the SE1 7GL postcode area
  • and 10.4% 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
1996-2002
Interior Size
915 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£748,962
Price Per sq ft (estimate)
£819
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 603, 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 19 Sep 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 22 Sep 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 10.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, 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 roof construction or insulation changed from (another dwelling above) to flat, insulated (assumed), improving energy efficiency from n/a to average.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Flat, insulated (assumed)
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to SE1 7GL

14 th / 89
Price Rank
3% lower than average
14 th / 78
Size Rank
46% bigger than average
25 th / 78
Price Per Sq FT Rank
33% lower than average

Compared to other properties in SE1 7GL , this flat's estimated value ranks 14th out of 89. Based on price per square foot, it ranks 25th out of 78 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 14th out of 78 properties in its postcode area.

Sale History

Today
£748,962
streetscan.co.uk estimate
-5 %
10 Jun 2021
£785,000
Leasehold
+41.4 %
17 Dec 2002
£555,000
Leasehold
+40.5 %
21 Dec 2000
£395,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1012 sq ft
sale price: £875,000
sale date: 28 Feb 2023
rooms: 4
size: 1001 sq ft
sale price: £1,070,000
sale date: 16 Mar 2018
rooms: 4
size: 1044 sq ft
sale price: £1,050,000
sale date: 2 Sep 2016
rooms: 3
size: 861 sq ft
sale price: £1,090,000
sale date: 22 Mar 2016
rooms: 4
size: 936 sq ft
sale price: £935,000
sale date: 28 Mar 2012

Data Sources

The property at Apartment 603, West Block Forum Magnum Square, London, SE1 7GL appears three times in the Land Registry records, with the latest transaction recorded on 10 Jun 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Sep 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.