Apartment 702, West Block Forum Magnum Square, London, SE1 7GL is a leasehold flat built between 1930-1949. The property offers approximately 581 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £553,841 , which equates to approximately £953 per square foot. It was last sold on 15 Mar 2024 for £555,000. Since then, the value has decreased by £1,159, representing a 0.2% decrease, or approximately 0.1% per year.

The current estimated value of £553,841 is:

  • 35.6% lower than the average property price on Forum Magnum Square
  • 28.0% lower than the average in the SE1 7GL postcode area
  • and 33.7% lower than the average price for London as a whole

At the most recent EPC inspection on 22 April 2022, the property was recorded as owner-occupied.

View sold house prices in SE1 7GL

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
581 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£553,841
Price Per sq ft (estimate)
£953
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 702, West Block Forum Magnum Square, London, Lambeth, Greater London, SE1 7GL has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 22 Apr 2022.

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 21 Apr 2012, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 37.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, insulated to flat, no insulation (assumed), changing energy efficiency from good to very poor.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to timber frame, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was updated from no low energy lighting 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
Timber frame, 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

36 th / 89
Price Rank
28% lower than average
31 st / 78
Size Rank
7% smaller than average
37 th / 78
Price Per Sq FT Rank
22% lower than average

Compared to other properties in SE1 7GL , this flat's estimated value ranks 36th out of 89. Based on price per square foot, it ranks 37th out of 78 properties. In terms of size, this home ranks 31th out of 78 properties in its postcode area.

Sale History

Today
£553,841
streetscan.co.uk estimate
-0 %
15 Mar 2024
£555,000
Leasehold
+131.3 %
25 Aug 2000
£240,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 538 sq ft
sale price: £435,000
sale date: 28 Mar 2025
rooms: 2
size: 517 sq ft
sale price: £495,000
sale date: 28 Sep 2022
rooms: 2
size: 506 sq ft
sale price: £515,000
sale date: 8 Jun 2022
rooms: 2
size: 506 sq ft
sale price: £505,000
sale date: 8 Apr 2022
rooms: 2
size: 506 sq ft
sale price: £490,000
sale date: 11 Jun 2021

Data Sources

The property at Apartment 702, West Block Forum Magnum Square, London, SE1 7GL appears two times in the Land Registry records, with the latest transaction recorded on 15 Mar 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Apr 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.