Property profile

Apartment 206West Block, Forum Magnum Square

SE1 7GL

Waterloo & South Bank

Area profile →

Map showing Apartment 206, West Block, Forum Magnum Square, London

Estimated sale price

£740,000

Flats sold in Waterloo & South Bank

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold18 Jun 2026
£745,000Change since last sale: −£5,000 (−0.7%)
Annualised change
−4.1% per yearLambeth annualised change (flats) since 2026: −5.2% per yearThis property's value fell more slowly than the market
Price per sq ftLocal median £891 per sq ft
£929 per sq ftEstimate vs local median: +£38 per sq ft (+4.3%)
Local sold pricesMedian for flats in Waterloo & South Bank
£542,500Estimate vs local median: +£198,000 (+36%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / Not Recorded
TenureLeasehold
Construction period1996-2002
Floor area74 m² / 797 sq ft
Rooms3 habitable / 2 heated
Floor level2
EPC ratingC
EPC inspection12 Sept 2025

Sales history

DatePriceChange
18 Jun 2026£745,000+15%
20 Dec 2007£650,000+154%
16 May 2000£255,500-

Local market

Property prices in Waterloo & South Bank

Median price£595,000
Price per sq ft£946
Sales (last 12 months)69
Typical range (middle 50%)£458K – £917K

Based on 69 recent sales, the median property price is £595,000 (about £946 per square foot) in Waterloo & South Bank area, with individual transactions ranging from £290,000 up to £3,400,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Waterloo & South Bank over the last year.
TypeSalesMedian£/sq ft
Terraced8£1,464,575£1,341
Semi-Detached1£1,045,000£1,407
Flats60£542,500£891

10-year price trendmedian sale price in Waterloo & South Bank

Sale price

Ten year median sale price trend for each property type in Waterloo & South Bank.
YearFlatsTerraced
2016£635,500£1,830,000
2017£665,000£935,000
2018£700,000£1,355,000
2019£995,000£1,175,000
2020£931,000£1,044,400
2021£920,600£1,180,000
2022£771,000£1,195,000
2023£630,000£1,000,000
2024£551,250£1,277,500
2025£565,000£1,280,000
2026£560,000
Ten year median sale price trend for each property type in Waterloo & South Bank.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Waterloo & South Bank.
YearFlatsTerraced
2016£998
2017£1,204£1,108
2018£1,068£1,476
2019£1,215£1,157
2020£1,382£976
2021£1,024£1,102
2022£1,032£1,131
2023£929£1,264
2024£865£1,266
2025£893£1,293
2026£895
Ten year median sale price per square foot trend for each property type in Waterloo & South Bank.

Price distribution by property typelast 12 months

Price distribution by property type for Waterloo & South Bank in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near SE1 7GL.

Recent sold properties in the last 18 months near SE1 7GL
DateAddressTypeTenurePriceMap
18 Jun 2026Apartment 206, West Block, Forum Magnum Square, London, SE1 7GLFlatsLeasehold£745,000
28 Mar 2025Apartment 302, West Block, Forum Magnum Square, London, SE1 7GLFlatsLeasehold£435,000
15 Jul 2025Flat 123, South Block 1B, Belvedere Road, London, SE1 7GDFlatsLeasehold£440,000
27 May 2025Flat 81, South Block 1B, Belvedere Road, London, SE1 7GDFlatsLeasehold£380,000
12 Sept 2025Flat 163, South Block 1B, Belvedere Road, London, SE1 7GEFlatsLeasehold£500,000

Other properties at this postcode

Area insights for SE1 7GL

Full area profile →

Overview

Postcode SE1 7GL is located in a major urban area, within the Waterloo & South Bank ward of Lambeth in the London region, and forms part of the Lambeth North, Waterloo & South Bank area. It has low deprivation and very high crime levels, with around 1,027.2 crimes per 1,000 residents per year, roughly 7.9× the London average of 130 per 1,000. The average income per household in Lambeth North, Waterloo & South Bank is £71,262 per year. The nearest station is Waterloo, about 0.2 miles away. There are 5 primary and 4 secondary schools in the area. There are 10 parks nearby, the closest medium park is Archbishop's Park.

Crime rate
10/10
Crimes per 1k residents
1027
Deprivation level
4/10
Income level
5/10
Social housing
1.5%
Connectivity
10/10
Flood Risk
Very low
Noise Level
High

Deprivation level

4/10

Lambeth North, Waterloo & South Bank has a low level of deprivation, ranked at position 23,019 out of 32,844 areas in the United Kingdom, placing it within the bottom 30% least deprived areas in England.

Crime level

10/10

Lambeth North, Waterloo & South Bank has a very high crime rate, with approximately 1,027.2 reported incidents per 1,000 population each year.

Social housing

1.5%

Approximately 1.5% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 37.0% of dwellings are socially rented.

Income level

5/10

The average income per household in Lambeth North, Waterloo & South Bank is £71,262 per year.

Noise Level

High

High noise level (70.0-74.9 dB) from road, approximately 96 ft away from SE1 7GL.

Flood risk

Very low

Lambeth North, Waterloo & South Bank near SE1 7GL has very low flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

10/10

The nearest station is Waterloo located about 0.2 miles away. There are 5 stations nearby.

Nearby public transport stations for SE1 7GL
DistanceZoneNameLinesDirections
0.2 mi

1

Waterloo

Bakerloo, Jubilee, Northern, South Western, Waterloo and City

Walking directions to Waterloo
0.3 mi

1

Westminster

Circle, District, Jubilee

Walking directions to Westminster
0.3 mi

1

Lambeth North

Bakerloo

Walking directions to Lambeth North

Parks

Nearby parks and green spaces for SE1 7GL
DistanceNameSizeDirections
0.3 miArchbishop's ParkMediumWalking directions to Archbishop's Park
0.5 miVictoria Tower GardensMediumWalking directions to Victoria Tower Gardens
0.2 miJubilee GardensSmallWalking directions to Jubilee Gardens

Area Profile

Population
226
Population density
51,363.6 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
311.25(+902%)
Theft from the person
283.51(+2922%)
Anti-social behaviour
213.66(+695%)
Other theft
212.63(+1760%)
Public order
71.91(+964%)
London average

Demographics

Ethnic groups

British
66
28.82%
Other White
62
27.07%
Chinese
45
19.65%
Indian
13
5.68%
Other Asian
12
5.24%
Total population: 229

Economics

Education (age 16+)

Level 4+ (Degree)
177
80.09%
Level 3 (A level)
25
11.31%
No qualifications
11
4.98%
Level 2 (GCSEs 9-4)
4
1.81%
Other
3
1.36%
Total 16+ residents: 221

Housing

Housing tenure

Private landlord or letting agency
98
72.59%
Owns with a mortgage
15
11.11%
Owns outright
14
10.37%
Other forms of private rent
5
3.7%
Shared ownership
1
0.74%
Total households: 135

Schools

In the SE1 7GL postcode area, located within Lambeth North, Waterloo & South Bank, there are 5 primary and 4 secondary schools in close proximity.

Nearby primary and secondary schools for SE1 7GL
DistancePhaseNameTypeRating
0.1 miNot applicableDLD CollegeOther independent school

N/A

0.3 miNot applicableEvelina Hospital SchoolCommunity special school

Outstanding

0.3 miPrimaryOasis Academy JohannaAcademy converter

Good

Local amenities

15 nearby supermarkets & convenience stores within mi of SE1 7GL

Nearby supermarkets & convenience stores for SE1 7GL
DistanceNameAddressDirections
0 miAP Food ExpressLambeth, SE1 7PDWalking directions to AP Food Express
0.1 miElegance Food Metro3H Belvedere Road, London, SE1 7GQWalking directions to Elegance Food Metro
0.1 miAP Food Express CentralBelvedere Road, Lambeth, SE1 7PNWalking directions to AP Food Express Central
0.1 miM&S FoodhallChicheley Street, Lambeth, SE1 7NDWalking directions to M&S Foodhall
0.1 miM&S Simply Food249 Westminster Bridge Road, London, SE1 7EHWalking directions to M&S Simply Food