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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Flat 5, Searson House 32 is recorded publicly as an early-century leasehold apartment across 818 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 5, Searson House 32 is £421,031 and its rental estimate is £2,621 per month, given the available information and assuming reasonable condition.
Searson House, Wesley Close is a residential building on Wesley Close, London, SE17 and falls within the SE17 postal district and the London Borough of Southwark.
Flat 5, Searson House 32 has 3 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated July 2018.
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.
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 Flat 5, Searson House 32, we estimate a market value of £442,083 and a rental value of £2,752 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £391,559 and £2,438 per month respectively.
Over the last year, Flat 5, Searson House 32 has seen its estimated sale value decrease by £10,640 (2.5%) and its estimated rental value grow by £130 per month (5.0%). This results in an estimated gross rental yield of 7.5%.
Flat 5, Searson House 32 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
The most recent sale of Flat 5, Searson House 32 completed on 31st May 2022 at £450,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 6.4% over the period since May 2022.
Over the past 2 years 3 properties similar to Flat 5, Searson House 32 have sold within a radius of 220 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th July 2025, was Flat 48, Harold Maddison House, Alberta Street, London, SE17 3SG, a leasehold flat which sold for £430,000.
Read more about house prices in SE17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 94 addresses on Wesley Close, London, SE17, Flat 5, Searson House 32 comes out as the 30th largest and the 30th most expensive in our analysis of the public data.
It is also £15k less expensive than the average property across the SE17 district.
From Flat 5, Searson House 32, the nearest station is Kennington, 300 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, Searson House 32, 66.2% of property is socially rented and 16.9% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 5, Searson House 32, 12.8% of residents are recorded as possessing school level qualifications and 36.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 5, Searson House 32, the average age was 35.2 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 5, Searson House 32, 0.4% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 5, Searson House 32, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
