Apartment 616, West Block Forum Magnum Square, London, SE1 7GL is a leasehold flat built between 2003-2006. The property offers approximately 1,087 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £816,445 , which equates to approximately £751 per square foot. It was last sold on 10 Feb 2023 for £860,000. Since then, the value has decreased by £43,555, representing a 5.1% decrease, or approximately 1.8% per year.

The current estimated value of £816,445 is:

  • 5.1% lower than the average property price on Forum Magnum Square
  • 6.1% higher than the average in the SE1 7GL postcode area
  • and 2.3% lower than the average price for London as a whole

At the most recent EPC inspection on 4 February 2022, the property was recorded as rented.

View sold house prices in SE1 7GL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
1087 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£816,445
Price Per sq ft (estimate)
£751
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Apartment 616, West Block Forum Magnum Square, London, Lambeth, Greater London, SE1 7GL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Feb 2022.

This property uses electric room 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 25 Aug 2016, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 22.2%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE1 7GL

12 th / 89
Price Rank
6% higher than average
6 th / 78
Size Rank
73% bigger than average
55 th / 78
Price Per Sq FT Rank
39% lower than average

Compared to other properties in SE1 7GL , this flat's estimated value ranks 12th out of 89. Based on price per square foot, it ranks 55th out of 78 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 6th out of 78 properties in its postcode area.

Sale History

Today
£816,445
streetscan.co.uk estimate
-5 %
10 Feb 2023
£860,000
Leasehold
+89 %
31 Jan 2001
£455,000
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: 4
size: 936 sq ft
sale price: £935,000
sale date: 28 Mar 2012
rooms: 4
size: 926 sq ft
sale price: £725,000
sale date: 6 Aug 2010

Data Sources

The property at Apartment 616, West Block Forum Magnum Square, London, SE1 7GL appears two times in the Land Registry records, with the latest transaction recorded on 10 Feb 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Feb 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.