Apartment 502 West Block Forum Magnum Square

    APARTMENT 502 WEST BLOCK, FORUM MAGNUM SQUARE, LONDON, SE1 7GL

    This flat/maisonette leasehold property on Forum Magnum Square last sold in March 2021 for £515,000. Based on price growth in the SE1 district since then, its estimated current value is £395,696 — placing it in the 67th percentile nationally and the 22nd percentile within SE1. The property covers 45 m² (484 sq ft), giving an estimated value of £8,793 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £515,000

    Mar 2021

    Estimated Valuation

    £395,696

    Est. £/sq ft

    £817/sq ft

    £8,793/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area484 sq ft (45 m²)
    EPC dateApr 2019
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    29 Mar 2021

    £515,000

    5 Nov 2008

    £400,000

    5 Aug 2005

    £290,000

    23 Jun 2000

    New build

    £187,500

    Key Metrics

    Estimated valuation£395,696
    Value per sq ft / m²£817/sq ft (£8,793/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SE1 district percentile22nd percentile
    National percentile67th percentile

    District Context — SE1

    SE1 covers central London south of the Thames, encompassing Southwark, Bermondsey, and the Borough, and sits at the heart of the capital. It is a densely populated, diverse urban area with strong cultural appeal, excellent transport links, and a high concentration of young professionals and students.

    Average Property Price - SE1

    £725,283

    94

    National percentile

    Average Net Household Income - SE1

    £44,930

    76

    National percentile

    10-Year Annualised Price Growth - SE1

    -0.1%

    2

    National percentile

    10-Year Annualised Rent Growth - SE

    3.6%

    31

    National percentile

    View full analysis for SE1

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