Flat 2, 1 Rainbow Quay, London, SE16 7UF is a leasehold flat built between 1983-1990. 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 £704,674 , which equates to approximately £818 per square foot. It was last sold on 6 Dec 2001 for £250,000. Since then, the value has increased by £454,674, representing a 181.9% increase, or approximately 7.6% per year.

The current estimated value of £704,674 is:

  • 10.7% higher than the average property price on Rainbow Quay
  • 20.3% higher than the average in the SE16 7UF postcode area
  • and 19.5% lower than the average price for London as a whole

At the most recent EPC inspection on 27 April 2019, the property was recorded as owner-occupied.

View sold house prices in SE16 7UF

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
861 sq ft
Tenure
Leasehold
Price (estimate)
£704,674
Price Per sq ft (estimate)
£818
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 2, 1 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 27 Apr 2019.

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 18 Oct 2008. The rating of D is unchanged, though the energy efficiency score decreased by 6%.

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 hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 7UF

43 rd / 72
Price Rank
20% higher than average
11 th / 64
Size Rank
26% bigger than average
57 th / 64
Price Per Sq FT Rank
4% lower than average

Compared to other properties in SE16 7UF , this flat's estimated value ranks 43th out of 72. Based on price per square foot, it ranks 57th 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 11th out of 64 properties in its postcode area.

Sale History

Today
£704,674
streetscan.co.uk estimate
+182 %
6 Dec 2001
£250,000
Leasehold
+42.9 %
19 Oct 1999
£175,000
Leasehold
+44.7 %
31 Jul 1998
£120,950
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 1, 7 Rainbow Quay, London, SE16 7UF
rooms: 3
size: 797 sq ft
sale price: £500,000
sale date: 21 Jan 2025
Flat 9, 6 Rainbow Quay, London, SE16 7UF
rooms: 4
size: 861 sq ft
sale price: £620,000
sale date: 16 Mar 2022
Flat 7, 2 Rainbow Quay, London, SE16 7UF
rooms: 4
size: 915 sq ft
sale price: £585,000
sale date: 24 Jun 2021
Flat 11, 2 Rainbow Quay, London, SE16 7UF
rooms: 3
size: 775 sq ft
sale price: £504,300
sale date: 1 Mar 2021
Flat 8, 2 Rainbow Quay, London, SE16 7UF
rooms: 3
size: 775 sq ft
sale price: £496,250
sale date: 9 Feb 2018

Data Sources

The property at Flat 2, 1 Rainbow Quay, London, SE16 7UF appears three times in the Land Registry records, with the latest transaction recorded on 6 Dec 2001. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Apr 2019. 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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