Model valuation£417,0008 Busby Close
Local market context
Algar House is a two-bedroom semi-detached house in Southwark, London, London (SE1 8QT). It has a recorded floor area of 85 m² (around 915 sq ft), construction records dating it to 1930-1949 and council tax band B. The property has solar panels on record, all of which lower running costs and tend to lift resale appeal. Period features are noted in the property record. The latest certificate (March 2021) shows a C (score 74). The rating has held steady at C across 2 certificates since January 2011. The recommended improvements would push it to B (score 83).
5 planning records sit against the property, 3 approved, 1 refused. The record references listed-building consent, which constrain future alterations. Across 2011–2021, sale prices on this property compounded at 4.6% per year. On a £-per-square-foot basis, the last sale (£628/sq ft) was about 20.5% above the typical sold price in the postcode. Most recent transfer: May 2021 at £575,000. That sale was during the post-pandemic price surge, when transactions cleared materially above pre-2020 trend.
Certificate validity
Valid until 2 March 2031
Get a survey for this property
Because the property has solid (non-cavity) walls, we believe a Level 3 building survey should be considered.
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Algar House has multiple listed-building consents on file — alterations need formal heritage approval.
5 applications on record at Algar House, Flat 18, Webber Row, Southwark, London, SE1 8QT
The proposed works involve the removal of a section of non structural partition wall 1.9M wide [from floor to ceiling] this will allow access from within the property to a store room currently accessible only from the outside of the building. This will connect an existing stub of corridor space [910mm x 1970mm with access to nowhere] to the storeroom creating an additional study room. The existing outer door to the storage room will be sealed shut with a new concrete block wall constructed behind the lower section of the door and a new secondary window installed behind the existing door window aperture. A new fire door will also be installed internally between the new study room and the lobby/corridor. Please see attached plans for full details. No alteration will be made to the exterior of the property and there will be no visible difference from outside the property. This work has not commenced and is the subject of this application, however we were advised by the duty planning officer to add in another item of minor works which have already been carried out and for which we are applying for retrospective permission. Retrospective application for a minor alterations which has already been made to the property; 1) the removal of a defunct water tank from a cupboard in the corridor. As these are minor works and the main element of this application is for the proposed works above I have indicated that the work has not started without planning permission. Work on the alteration above was commenced on 15/07/2011 and completed 30/07/2011
+ 2 more applications in the report
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The latest sale landed in the post-pandemic price surge — useful context when reading the figure.
£611,000
Modelled from EPC, postcode comparables and a sale-price growth of 4.6% per year over 10 years.
£575,000
Growth on file: 4.6% per year over 10 years.
23 May 2021Most recent
£575,000
+55.4%over 9 years30 June 2011
£370,000
Median price across the last 5 sales in SE1 8QT: £619,200 (2025–2016).
Algar House, Flat 17, Webber Row, Southwark, London, SE1 8QT
Sold Mar 2025
Algar House, Flat 6, Webber Row, Southwark, London, SE1 8QT
Sold Dec 2023
Algar House, Flat 20, Webber Row, Southwark, London, SE1 8QT
Sold Mar 2019
Algar House, Flat 24, Webber Row, Southwark, London, SE1 8QT
Sold Jan 2018
Algar House, Flat 25, Webber Row, Southwark, London, SE1 8QT
Sold May 2016
On floor area, Algar House stands well clear of the street.
Price per m²
£6,765
Street avg £5,818
Floor Area
85 m²
Street avg 69 m²
Habitable Rooms
3 rooms
Street avg 3 rooms
CO₂ Emissions
2.3 t/year
Street avg 3.2 t/year
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Rail-style transport is unusually close for this postcode.
Crime
1516/mo
Steady year-on-year across the wider district.
Nearest stop
0.1 km
St George's Circus — bus stop.
Closest school
0.2 km
St George's Cathedral Catholic Primary School. 87 schools nearby.
Go deeper on the local area
A Local Area report breaks down crime, transport links, schools and air quality in depth.

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