Apartment 2302, 55
Apartment 2302, 55
Description & Estimates
Public records show Apartment 2302, 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 2302, 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.
Our Data Sources
Apartment 2302, 55, Upper Ground has a single entry in the Land Registry from June 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.
Price Range & Condition
In very good condition, we estimate Apartment 2302, 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.
Recent Market Change
The estimated sale value of Apartment 2302, 55, Upper Ground has fallen by £38,113 (2.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £387 (5.4%). The property's estimated gross yield is currently 4.5%.
Energy Efficiency
Apartment 2302, 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.
Sold Prices
Apartment 2302, 55, Upper Ground last changed hands on 6th June 2024, selling for £2,200,000. 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 62.6% since June 2024.
- Sold Jun 2024£2,200,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of Apartment 2302, 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.
- Sold Oct 2024£2,000,000 | 3 Bed Flat55, Upper GroundApartment 2102, 55, Upper Ground, London, SE1 9RB
- Sold Nov 2023£2,000,000 | 3 Bed Flat55, Upper GroundApartment 2202, 55, Upper Ground, London, SE1 9RB
- Sold Jun 2023£2,125,000 | 3 Bed Flat55, Upper GroundApartment 2203, 55, Upper Ground, London, SE1 9RB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Apartment 2302, 55, Upper Ground as the 52nd largest and the 32nd 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.
More reading links
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 2302, 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.
