Flat 1, 3 Rainbow Quay, London, SE16 7UF is a leasehold flat built between 1991-1995. The property offers approximately 861 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £763,097 , which equates to approximately £886 per square foot. It was last sold on 14 Sep 1998 for £144,950. Since then, the value has increased by £618,147, representing a 426.5% increase, or approximately 15.7% per year.

The current estimated value of £763,097 is:

  • 19.9% higher than the average property price on Rainbow Quay
  • 30.3% higher than the average in the SE16 7UF postcode area
  • and 12.8% lower than the average price for London as a whole

View sold house prices in SE16 7UF

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
861 sq ft
Tenure
Leasehold
Price (estimate)
£763,097
Price Per sq ft (estimate)
£886
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 1, 3 Rainbow Quay, London, Southwark, Greater London Authority, SE16 7UF has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Feb 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 Dec 2009. The rating of D remains the same, but the energy efficiency score improved by 9.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The lighting was updated from low energy lighting in 35% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to SE16 7UF

24 th / 72
Price Rank
30% higher than average
12 th / 64
Size Rank
26% bigger than average
48 th / 64
Price Per Sq FT Rank
4% higher than average

Compared to other properties in SE16 7UF , this flat's estimated value ranks 24th out of 72. Based on price per square foot, it ranks 48th out of 64 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 12th out of 64 properties in its postcode area.

Sale History

Today
£763,097
streetscan.co.uk estimate
+426 %
14 Sep 1998
£144,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 797 sq ft
sale price: £500,000
sale date: 21 Jan 2025
rooms: 4
size: 861 sq ft
sale price: £620,000
sale date: 16 Mar 2022
rooms: 4
size: 915 sq ft
sale price: £585,000
sale date: 24 Jun 2021
rooms: 3
size: 775 sq ft
sale price: £504,300
sale date: 1 Mar 2021
rooms: 3
size: 775 sq ft
sale price: £496,250
sale date: 9 Feb 2018

Data Sources

The property at Flat 1, 3 Rainbow Quay, London, Southwark, Greater London Authority, SE16 7UF appears once in the Land Registry records, with the transaction recorded on 14 Sep 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Feb 2020. 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.