Apartment 708, East Block Forum Magnum Square, London, SE1 7GN is a leasehold flat built between 1930-1949. The property offers approximately 409 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 £665,529 , which equates to approximately £1,627 per square foot. It was last sold on 3 Aug 2000 for £200,000. Since then, the value has increased by £465,529, representing a 232.8% increase, or approximately 9.2% per year.

The current estimated value of £665,529 is:

  • 24.2% lower than the average property price on Forum Magnum Square
  • 27.8% lower than the average in the SE1 7GN postcode area
  • and 24.0% lower than the average price for London as a whole

View sold house prices in SE1 7GN

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
409 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£665,529
Price Per sq ft (estimate)
£1,627
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 708, East Block Forum Magnum Square, London, Lambeth, Greater London Authority, SE1 7GN has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 20 Dec 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 10 Feb 2010, and the property received the same rating of E with an unchanged energy efficiency score of 52.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, 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, no insulation (assumed), improving energy efficiency from n/a to very poor.
  • The wall construction or insulation changed from system built, 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 low energy lighting in 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average 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 7GN

85 th / 88
Price Rank
28% lower than average
70 th / 71
Size Rank
46% smaller than average
5 th / 71
Price Per Sq FT Rank
33% higher than average

Compared to other properties in SE1 7GN , this flat's estimated value ranks 85th out of 88. Based on price per square foot, it ranks 5th out of 71 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 70th out of 71 properties in its postcode area.

Sale History

Today
£665,529
streetscan.co.uk estimate
+233 %
3 Aug 2000
£200,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Apartment 710, East Block Forum Magnum Square, London, SE1 7GN
rooms: 2
size: 463 sq ft
sale price: £610,000
sale date: 30 Jan 2019
Apartment 702, East Block Forum Magnum Square, London, SE1 7GN
rooms: 1
size: 355 sq ft
sale price: £240,000
sale date: 16 Oct 2001

Data Sources

The property at Apartment 708, East Block Forum Magnum Square, London, Lambeth, Greater London Authority, SE1 7GN appears once in the Land Registry records, with the transaction recorded on 3 Aug 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Dec 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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