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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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Public records show Apartment 2202, 55, Upper Ground to be a modern leasehold apartment with 1,356 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Apartment 2202, 55, Upper Ground has an estimated sale value of £1,928,321 and an estimated rental value of £7,190 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.
Apartment 2202, 55, Upper Ground has a single entry in the Land Registry from November 2023 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.
In very good condition, we estimate Apartment 2202, 55, Upper Ground would be worth £2,024,737, with a potential rental value of £7,549 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,793,338, with a rental value of £6,687 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Apartment 2202, 55, Upper Ground has moved down by £38,113 (2.0%) over the last year. During the same period, its estimated monthly rental value has increased by £387 (5.4%). The property's estimated gross yield is currently 4.5%.
Apartment 2202, 55, Upper Ground has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Oct 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Apartment 2202, 55, Upper Ground last changed hands on 28th November 2023, selling for £2,000,000. 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 62.1% since November 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of Apartment 2202, 55, Upper Ground across the last 2 years.
Most recently, Apartment 2102, 55, Upper Ground, London, SE1 9RB, a leasehold flat, sold at £2,000,000 on the 24th October 2024.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Apartment 2202, 55, Upper Ground as the 55th largest and the 35th most expensive of the 431 addresses on Upper Ground, London, SE1.
Against the SE1 postcode district average, it is £1.3m more expensive than the typical property.
Blackfriars station is the nearest stop to Apartment 2202, 55, Upper Ground at 400 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 2202, 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 2202, 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 2202, 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 2202, 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 2202, 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.
