According to the public record, Apartment 107, West Block, London is a modern apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in West Block, Forum Magnum Square, London, SE1.
Forum Magnum Square, London, SE1 is located in the borough of Lambeth within the SE1 postal district.
Apartment 107, West Block, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Apartment 107 West Block London as £579,162 and the rental value as £2,607 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Apartment 107 West Block London has increased by £5,284 (0.9%) and its rental value has increased by £123 per month (4.7%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Apartment 107, West Block, London is in very good condition we estimate a sale value of £608,120 and rental value of £2,738 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £538,621 and a rental value of £2,425 per month.
If you were able to purchase this property for the estimated value of £579,162, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,846 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Apartment 107, West Block, London was last sold on 16 May 2000 for £164,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 107, West Block, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat 172, South Block 1B, Belvedere Road, London, SE1 7GE, a Leasehold flat which sold for £430,000 in Jun 2024.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to Apartment 107, West Block, London within a radius of 360 metres over the last 2 years.
Most recently Apartment 312, West Block, Forum Magnum Square, London, SE1 7GL, a Leasehold flat let by Saint Andrews Bureau in Nov 2023.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forum Magnum Square, London, SE1 has a total of 171 addresses. According to our analysis of all the public data, Apartment 107, West Block, London is the 119th largest and the 118th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in SE1.
Apartment 107, West Block, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Apartment 107, West Block, London is Waterloo station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 107, West Block, London, 76.3% of property is privately rented and 11.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Apartment 107, West Block, London, 23.8% of residents are recorded as possessing school level qualifications and 80.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Apartment 107, West Block, London, the average age was 35.7 and the most common age was 22.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Apartment 107, West Block, London, 4.4% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Apartment 107, West Block, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.