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£153,000 above fair value

SE1 9EY

Southbank Tower, 55 Upper Ground, London, SE1

2 Beds
2 Baths
109 m² Floor area
Type Flat
Listed 15 May 2026
Asking price £1,850,000
Price per m² £18,349 / m²

This fabulous modern apartment boasts a fully fitted, impressive kitchen that seamlessly connects to an open-plan reception room, perfect for entertaining. The apartment offers stunning northwest dual aspect views of the River Thames, the London Eye, Houses of Parliament, and other iconic landmarks. With floor-to-ceiling windows throughout the 1,168 sq ft apartment, the reception area is bright and spacious, making the most of natural light.

Southbank Tower is a striking architectural landmark located on London's cultural mile. Residents benefit from high-speed lift access, an indoor swimming pool, a fully equipped gym, and a wealth of modern on-site amenities. On the 10th floor, you’ll find a residents' business center, an entertaining lounge, and a roof terrace that provides breathtaking panoramic views of London. A cinema room is also available, all designed to elevate the living experience for residents.

This prestigious building is ideally situated between the Royal Festival Hall and Shakespeare's Globe, adjacent to the iconic Sea Containers House, home to the Mondrian Hotel. With a 24-hour concierge service, residents enjoy convenient access to excellent transport links, including Southwark and Blackfriars Underground stations, just 0.4 miles away, allowing for easy and quick journeys across Central London.

The surrounding area offers a wealth of local shops, parks, garden squares, and amenities, while being just moments from the River Thames. Residents are also within easy reach of the vibrant theatres, restaurants, and attractions of Covent Garden, the trendy Soho district, the shopping hub of Oxford Street, and the city's renowned green spaces and historic squares.

With key transport links including Southwark (0.4 miles), Blackfriars (0.4 miles), and Temple (0.7 miles) Underground stations, plus Waterloo East for national rail and City Thameslink (both less than 0.6 miles), this apartment presents a prime investment opportunity, offering a luxury lifestyle in one of London's most desirable locations.

Leasehold Information:
Term of Lease: 999 years from 2015
Ground Rent: TBA
Service Charges: £15,849.76

How the asking price has moved

May 2026
£2,000,000
Listed at original asking price
Jun 2026
£1,850,000
Current asking price

What similar homes actually sold for

Nearby Land Registry transactions — the data behind our fair price estimate.

Address Sold price Date Type
Flat 1302, 55, 55 UPPER GROUND, SE1 9EY £1,400,000 Sep 2025 Flat
Flat 1101, 55, 55 UPPER GROUND, SE1 9EY £1,095,000 Feb 2025 Flat
Flat 1601, 55, 55 UPPER GROUND, SE1 9EY £1,290,000 Nov 2024 Flat
Flat 1510, 55, 55 UPPER GROUND, SE1 9EY £824,250 Jul 2024 Flat
Flat 1301, 55, 55 UPPER GROUND, SE1 9EY £1,100,000 Nov 2023 Flat
Flat 1111, 55, 55 UPPER GROUND, SE1 9EY £800,000 Sep 2023 Flat
Flat 1706, 55, 55 UPPER GROUND, SE1 9EY £1,120,000 Jan 2023 Flat
Flat 1405, 55, 55 UPPER GROUND, SE1 9EY £870,000 May 2022 Flat
Flat 1301, 55, 55 UPPER GROUND, SE1 9EY £1,350,000 Mar 2022 Flat
Flat 1807, 55, 55 UPPER GROUND, SE1 9EY £610,000 Jan 2022 Flat
Flat 1401, 55, 55 UPPER GROUND, SE1 9EY £1,425,000 Dec 2021 Flat
Flat 1703, 55, 55 UPPER GROUND, SE1 9EY £3,600,000 Apr 2021 Flat
Flat 1303, 55, 55 UPPER GROUND, SE1 9EY £827,000 Jan 2021 Flat
Flat 1206, 55, 55 UPPER GROUND, SE1 9EY £915,000 Dec 2019 Flat
Flat 1001, 55, 55 UPPER GROUND, SE1 9EY £1,700,000 Dec 2019 Flat
Source: HM Land Registry · SE1 9EY · Sorted by date

Southbank Tower, 55 Upper Ground, London, SE1

Our fair price estimate
£1,697,000
Nearby sold prices per m² × UK HPI × 109 m² floor area (EPC-declared)
Asking price £1,850,000
Fair price £1,697,000
Difference ↑ £153,000 over
Price per m² £18,349 / m²
Contact landlord
About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 109 m². Updated daily.