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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Apartment 2102, 55, Upper Ground is recorded publicly as a modern leasehold apartment across 1,356 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Apartment 2102, 55, Upper Ground is £1,928,321 and its rental estimate is £7,190 per month, given the available information and assuming reasonable condition.
55, Upper Ground is a residential building on Upper Ground, London, SE1 and falls within the SE1 postal district and the London Borough of Southwark.
Apartment 2102, 55, Upper Ground has 2 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated October 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Apartment 2102, 55, Upper Ground, we estimate a market value of £2,024,737 and a rental value of £7,549 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,793,338 and £6,687 per month respectively.
Over the last year, Apartment 2102, 55, Upper Ground has seen its estimated sale value decrease by £38,113 (2.0%) and its estimated rental value grow by £387 per month (5.4%). This results in an estimated gross rental yield of 4.5%.
Apartment 2102, 55, Upper Ground has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Oct 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
The most recent sale of Apartment 2102, 55, Upper Ground completed on 24th October 2024 at £2,000,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 61.9% over the period since October 2024.
Over the past 2 years 3 properties similar to Apartment 2102, 55, Upper Ground have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th June 2024, was Apartment 2302, 55, Upper Ground, London, SE1 9RB, a leasehold flat which sold for £2,200,000.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 431 addresses on Upper Ground, London, SE1, Apartment 2102, 55, Upper Ground comes out as the 56th largest and the 36th most expensive in our analysis of the public data.
It is also £1.3m more expensive than the average property across the SE1 district.
From Apartment 2102, 55, Upper Ground, the nearest station is Blackfriars, 400 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 2102, 55, Upper Ground, 46.1% of property is privately rented and 30.3% is socially rented.
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 2102, 55, Upper Ground, 12.7% of residents are recorded as possessing school level qualifications and 73.4% 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 2102, 55, Upper Ground, the average age was 34.4 and the most common age was 27.
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 2102, 55, Upper Ground, 2.2% 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 2102, 55, Upper Ground, 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.
