Apartment 2502, 55
Apartment 2502, 55
Description & Estimates
Apartment 2502, 55, Upper Ground is described in the public record as a modern apartment with 1,356 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Apartment 2502, 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.
Our Data Sources
Apartment 2502, 55, Upper Ground has no records in the the Land Registry and a single entry in the EPC database dated October 2015.
We combine this information with public data 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
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 2502, 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.
Recent Market Change
Over the last year, Apartment 2502, 55, Upper Ground has seen its estimated sale value decline by £38,113 (2.0%) and its estimated rental value climb by £387 per month (5.4%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
Apartment 2502, 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.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 2502, 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 24th October 2024, was Apartment 2102, 55, Upper Ground, London, SE1 9RB, a leasehold flat which sold for £2,000,000.
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 Jun 2024£2,200,000 | 3 Bed Flat55, Upper GroundApartment 2302, 55, Upper Ground, London, SE1 9RB
- Sold Nov 2023£2,000,000 | 3 Bed Flat55, Upper GroundApartment 2202, 55, Upper Ground, London, SE1 9RB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 431 addresses on Upper Ground, London, SE1, Apartment 2502, 55, Upper Ground comes out as the 50th largest and the 30th most expensive in our analysis of the public data.
It is also £1.3m more expensive than the average property across the SE1 district.
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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
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Public Transport Nearby
From Apartment 2502, 55, Upper Ground, the nearest station is Blackfriars, 400 metres away.
- 400mBlackfriars
- 400mLondon Waterloo East
- 500mSouthwark
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
