Flat 23, Searson House 32
Flat 23, Searson House 32
Description & Estimates
Public records show Flat 23, Searson House 32 to be an early-century leasehold apartment with 495 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 23, Searson House 32 has an estimated sale value of £311,964 and an estimated rental value of £2,060 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 23, Searson House 32 has 2 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated December 2020.
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 23, Searson House 32 would be worth £327,562, with a potential rental value of £2,163 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £290,127, with a rental value of £1,916 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 23, Searson House 32 has fallen by £6,116 (2.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £115 (5.6%). The property's estimated gross yield is currently 7.9%.
Energy Efficiency
Flat 23, Searson House 32 has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
Flat 23, Searson House 32 last changed hands on 6th January 2023, selling for £300,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 8.9% since January 2023.
- Sold Jan 2023£300,000
- Sold Jun 2014£215,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 220 metres of Flat 23, Searson House 32 across the last 2 years.
Most recently, Flat 6, Harfleur Court, Opal Street, London, SE11 4RW, a leasehold flat, sold at £300,000 on the 30th May 2025.
Read more about house prices in SE17.
- Sold May 2025£300,000 | 1 Bed FlatHarfleur Court, Opal StreetFlat 6, Harfleur Court, Opal Street, London, SE11 4RW
- Sold Oct 2022£300,000 | 2 Bed FlatHarfleur Court, Opal StreetFlat 3, Harfleur Court, Opal Street, London, SE11 4RW
- Sold Feb 2022£280,000 | 1 Bed FlatSearson House 32, Wesley CloseFlat 8, 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 23, Searson House 32 as the 93rd largest and the 93rd most expensive of the 94 addresses on Wesley Close, London, SE17.
Against the SE17 postcode district average, it is £124k less expensive than the typical property.
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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 23, 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.
