5 Rainbow Street, London, SE5 7TB is a leasehold flat built between 1950-1966. The property offers approximately 753 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £413,506 , which equates to approximately £549 per square foot. It was last sold on 6 Dec 2013 for £320,000. Since then, the value has increased by £93,506, representing a 29.2% increase, or approximately 2.4% per year.

The current estimated value of £413,506 is:

  • 36.5% lower than the average property price on Rainbow Street
  • 27.6% lower than the average in the SE5 7TB postcode area
  • and 52.8% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 21 May 2024, the property was recorded as rented.

View sold house prices in SE5 7TB

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£413,506
Price Per sq ft (estimate)
£549
Bedroom Count (estimate)
2 bedrooms

EPC Summary

5 Rainbow Street, London, Southwark, Greater London, SE5 7TB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 May 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Mar 2013, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 12.1%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE5 7TB

14 th / 19
Price Rank
28% lower than average
9 th / 11
Size Rank
28% smaller than average
6 th / 11
Price Per Sq FT Rank
0% same as average

Compared to other properties in SE5 7TB , this flat's estimated value ranks 14th out of 19. Based on price per square foot, it ranks 6th out of 11 properties. In terms of size, this home ranks 9th out of 11 properties in its postcode area.

Sale History

Today
£413,506
streetscan.co.uk estimate
+29 %
6 Dec 2013
£320,000
Leasehold
+85 %
25 Nov 2005
£173,000
Leasehold
+12.7 %
29 Jan 2003
£153,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 710 sq ft
sale price: £550,000
sale date: 17 Feb 2023

Data Sources

The property at 5 Rainbow Street, London, SE5 7TB appears three times in the Land Registry records, with the latest transaction recorded on 6 Dec 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 May 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.