Flat 3, 1 Rainbow Quay, London, SE16 7UF is a leasehold flat built between 2003-2006. The property offers approximately 678 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 £453,140 , which equates to approximately £668 per square foot. It was last sold on 27 Oct 2017 for £475,000. Since then, the value has decreased by £21,860, representing a 4.6% decrease, or approximately 0.6% per year.

The current estimated value of £453,140 is:

  • 28.8% lower than the average property price on Rainbow Quay
  • 22.6% lower than the average in the SE16 7UF postcode area
  • and 48.2% lower than the average price for London as a whole

At the most recent EPC inspection on 22 February 2020, the property was recorded as owner-occupied.

View sold house prices in SE16 7UF

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£453,140
Price Per sq ft (estimate)
£668
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 3, 1 Rainbow Quay, London, Southwark, Greater London Authority, SE16 7UF has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 22 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 26 Aug 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 5.2%.

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 no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor 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 all fixed outlets
Very Good

Compared to SE16 7UF

49 th / 72
Price Rank
23% lower than average
44 th / 64
Size Rank
1% smaller than average
27 th / 64
Price Per Sq FT Rank
22% lower than average

Compared to other properties in SE16 7UF , this flat's estimated value ranks 49th out of 72. Based on price per square foot, it ranks 27th out of 64 properties. In terms of size, this home ranks 44th out of 64 properties in its postcode area.

Sale History

Today
£453,140
streetscan.co.uk estimate
-5 %
27 Oct 2017
£475,000
Leasehold
+85.5 %
6 Apr 2004
£256,000
Leasehold
+8.9 %
20 Aug 2003
£235,000
Leasehold
+76.8 %
7 Aug 1998
£132,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 581 sq ft
sale price: £425,000
sale date: 28 Feb 2025
rooms: 3
size: 689 sq ft
sale price: £515,000
sale date: 13 Jan 2025
rooms: 3
size: 775 sq ft
sale price: £504,300
sale date: 1 Mar 2021
rooms: 2
size: 581 sq ft
sale price: £400,000
sale date: 16 Apr 2020
rooms: 3
size: 710 sq ft
sale price: £480,000
sale date: 10 Apr 2019

Data Sources

The property at Flat 3, 1 Rainbow Quay, London, SE16 7UF appears four times in the Land Registry records, with the latest transaction recorded on 27 Oct 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 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.