Flat 16, Searson House 32
Flat 16, Searson House 32
Description & Estimates
Public records show Flat 16, Searson House 32 to be an early-century leasehold apartment with 796 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 16, Searson House 32 has an estimated sale value of £414,630 and an estimated rental value of £2,598 per month, assuming reasonable condition and based on the information available.
The apartment sits within Searson House, Wesley Close, London, SE17.
Wesley Close, London, SE17 lies in the borough of Southwark, within the SE17 postal district.
Our Data Sources
Flat 16, Searson House 32 has a single entry in the Land Registry from September 2008 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 16, Searson House 32 would be worth £435,362, with a potential rental value of £2,728 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £385,606, with a rental value of £2,416 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 Flat 16, Searson House 32 has dropped by £10,478 (2.5%) over the last year. During the same period, its estimated monthly rental value has risen by £129 (5.0%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
Flat 16, Searson House 32 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
Flat 16, Searson House 32 last changed hands on 16th September 2008, selling for £249,999. 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 risen by 91.5% since September 2008.
- Sold Sep 2008£249,999
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 220 metres of Flat 16, Searson House 32 across the last 2 years.
Most recently, Flat 19, Searson House 32, Wesley Close, London, SE17 3AY, a leasehold flat, sold at £395,000 on the 27th November 2025.
Read more about house prices in SE17.
- Sold Nov 2025£395,000 | 2 Bed FlatSearson House 32, Wesley CloseFlat 19, Searson House 32, Wesley Close, London, SE17 3AY
- Sold Jul 2024£500,000 | 3 Bed FlatHarfleur Court, Opal StreetFlat 12, Harfleur Court, Opal Street, London, SE11 4RW
- Sold May 2022£450,000 | 3 Bed FlatSearson House 32, Wesley CloseFlat 5, Searson House 32, Wesley Close, London, SE17 3AY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 16, Searson House 32 as the 31st largest and the 32nd most expensive of the 94 addresses on Wesley Close, London, SE17.
Against the SE17 postcode district average, it is £21k less expensive than the typical property.
More reading links
Schools Nearby
- 100mCrampton Primary
- 500mKeyworth Primary School
- 500mArchbishop Sumner Church of England Primary School
- 700mNotre Dame Catholic Girls' School
- 1.0kmSouth Bank University Academy
- 1.0kmOasis Academy South Bank
More reading links
Public Transport Nearby
Kennington station is the nearest stop to Flat 16, Searson House 32 at 300 metres away.
- 300mKennington
- 400mElephant & Castle
- 1.1kmLambeth North
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
