If the world were a perfect sphere, according to basic trigonometry...
Degrees of latitude have the same linear distance anywhere in the world, because all lines of latitude are the same size. So 1 degree of latitude is equal to 1/360th of the circumference of the Earth, which is 1/360th of 40,075 km.
The length of a lines of longitude depends on the latitude. The line of longitude at latitude l will be cos(l)*40,075 km. One degree of longitude will be 1/360th of that.
So you can work backwards from that. Assuming you want something very close to one square kilometre, you'll want 1 * (360/40075) = 0.008983 degrees of latitude.
At your example latitude of 53.38292839, the line of longitude will be cos(53.38292839)*40075 = [approx] 23903.297 km long. So 1 km is 1 * (360/23903.297) = 0.015060 degrees.
In reality the Earth isn't a perfect sphere, it's fatter at the equator. And the above gives a really good answer for most of the useful area of the world, but is prone to go a little odd near the poles (where rectangles in long/lat stop looking anything like rectangles on the globe). If you were on the equator, for example, the hypothetical line of longitude is 0 km long. So how you'd deal with a need to count degrees on that will depend on why you want the numbers.