Apartment 1602, 55
Apartment 1602, 55
Description & Estimates
According to the public record, Apartment 1602, 55, Upper Ground is a modern leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 1602, 55, Upper Ground is £1,256,241 and the estimated rental value is £4,787 per month.
The apartment is within 55, Upper Ground, London, SE1.
Upper Ground, London, SE1 is located in the borough of Southwark within the SE1 postal district.
Our Data Sources
Apartment 1602, 55, Upper Ground has a single entry in the Land Registry from October 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
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 1602, 55, Upper Ground is in very good condition we estimate a sale value of £1,319,053 and a rental value of £5,026 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,168,305 and a rental value of £4,452 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 1602, 55, Upper Ground has moved down by £10,136 (0.8%), while its estimated rental value has increased by £282 per month (5.9%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Energy Efficiency
Apartment 1602, 55, Upper Ground has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Sep 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, Apartment 1602, 55, Upper Ground was last sold on 15th October 2015 for £1,825,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2015, the market for similar properties has dropped by 51.7%.
- Sold Oct 2015£1,825,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 1602, 55, Upper Ground within a radius of 390 metres over the last 2 years.
The most recent example is Apartment 1302, 55, Upper Ground, London, SE1 9EY, a leasehold flat which sold for £1,400,000 on the 3rd September 2025.
Read more about house prices in SE1.
- Sold Sep 2025£1,400,000 | 2 Bed Flat55, Upper GroundApartment 1302, 55, Upper Ground, London, SE1 9EY
- Sold Feb 2025£1,095,000 | 2 Bed Flat55, Upper GroundApartment 1101, 55, Upper Ground, London, SE1 9EY
- Sold Jan 2023£1,260,000 | 2 Bed Flat55, Upper GroundApartment 1902, 55, Upper Ground, London, SE1 9RB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Upper Ground, London, SE1 has a total of 431 addresses. According to our analysis of all the public data, Apartment 1602, 55, Upper Ground is the 262nd largest and the 140th most expensive property on the street.
When compared to the postcode district it is £628k more expensive than the average property in SE1.
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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
The closest station to Apartment 1602, 55, Upper Ground is Blackfriars station, which is 400 metres away.
- 400mBlackfriars
- 400mLondon Waterloo East
- 500mSouthwark
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
