Apartment 1503, 55
Apartment 1503, 55
Description & Estimates
Public records show Apartment 1503, 55, Upper Ground to be a modern leasehold apartment with 613 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Apartment 1503, 55, Upper Ground has an estimated sale value of £882,495 and an estimated rental value of £3,499 per month, assuming reasonable condition and based on the information available.
The apartment sits within 55, Upper Ground, London, SE1.
Upper Ground, London, SE1 lies in the borough of Southwark, within the SE1 postal district.
Our Data Sources
Apartment 1503, 55, Upper Ground has a single entry in the Land Registry from December 2015 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Apartment 1503, 55, Upper Ground would be worth £926,620, with a potential rental value of £3,674 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £820,721, with a rental value of £3,254 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Apartment 1503, 55, Upper Ground has decreased by £7,120 (0.8%) over the last year. During the same period, its estimated monthly rental value has grown by £206 (5.9%). The property's estimated gross yield is currently 4.8%.
Energy Efficiency
Apartment 1503, 55, Upper Ground has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Sep 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
Apartment 1503, 55, Upper Ground last changed hands on 21st December 2015, selling for £875,600. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 51.9% since December 2015.
- Sold Dec 2015£875,600
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of Apartment 1503, 55, Upper Ground across the last 2 years.
Most recently, Apartment 1510, 55, Upper Ground, London, SE1 9EY, a leasehold flat, sold at £824,250 on the 3rd July 2024.
Read more about house prices in SE1.
- Sold Jul 2024£824,250 | 2 Bed FlatApartment 1510, 55, Upper Ground, London, SE1 9EYApartment 1510, 55, Upper Ground, London, SE1 9EY
- Sold Sep 2023£800,000 | 2 Bed FlatApartment 1111, 55, Upper Ground, London, SE1 9EYApartment 1111, 55, Upper Ground, London, SE1 9EY
- Sold May 2022£870,000 | 2 Bed FlatApartment 1405, 55, Upper Ground, London, SE1 9EYApartment 1405, 55, Upper Ground, London, SE1 9EY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Apartment 1503, 55, Upper Ground as the 365th largest and the 208th most expensive of the 431 addresses on Upper Ground, London, SE1.
Against the SE1 postcode district average, it is £254k more expensive than the typical property.
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Schools Nearby
- 700mFriars Primary Foundation School
- 800mOasis Academy South Bank Primary
- 1.0kmSt George's Cathedral Catholic Primary School
- 200mLondon Nautical, City of London Academy
- 900mHaberdashers' Borough Academy
- 1.1kmOasis Academy South Bank
More reading links
Public Transport Nearby
Blackfriars station is the nearest stop to Apartment 1503, 55, Upper Ground at 400 metres away.
- 400mBlackfriars
- 400mLondon Waterloo East
- 500mSouthwark
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
