7 Rainbow Street, London, SE5 7TB is a leasehold flat built between 1900-1929. The property offers approximately 893 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £232,167 , which equates to approximately £260 per square foot. It was last sold on 13 Mar 1997 for £35,000. Since then, the value has increased by £197,167, representing a 563.3% increase, or approximately 19.6% per year.

The current estimated value of £232,167 is:

  • 64.3% lower than the average property price on Rainbow Street
  • 59.3% lower than the average in the SE5 7TB postcode area
  • and 73.5% lower than the average price for London as a whole

View sold house prices in SE5 7TB

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
893 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£232,167
Price Per sq ft (estimate)
£260
Bedroom Count (estimate)
3 bedrooms

EPC Summary

7 Rainbow Street, London, Southwark, Greater London Authority, SE5 7TB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Nov 2015.

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.

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
Average
Lighting
No low energy lighting
Very Poor

Compared to SE5 7TB

19 th / 19
Price Rank
59% lower than average
8 th / 11
Size Rank
14% smaller than average
11 th / 11
Price Per Sq FT Rank
53% lower than average

Compared to other properties in SE5 7TB , this flat's estimated value ranks 19th out of 19. Based on price per square foot, it ranks 11th out of 11 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 11 properties in its postcode area.

Sale History

Today
£232,167
streetscan.co.uk estimate
+563 %
13 Mar 1997
£35,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat A, 19 Rainbow Street, London, SE5 7TB
rooms: 4
size: 926 sq ft
sale price: £408,000
sale date: 1 Dec 2014

Data Sources

The property at 7 Rainbow Street, London, Southwark, Greater London Authority, SE5 7TB appears once in the Land Registry records, with the transaction recorded on 13 Mar 1997. It also has a single Energy Performance Certificate (EPC) from 30 Nov 2015. 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.
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