Flat 3, 7 Rainbow Quay, London, SE16 7UF is a leasehold flat built between 1996-2002. The property offers approximately 745 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £478,365 , which equates to approximately £644 per square foot. It was last sold on 8 Jun 2012 for £325,000. Since then, the value has increased by £153,365, representing a 47.2% increase, or approximately 3.5% per year.

The current estimated value of £478,365 is:

  • 24.8% lower than the average property price on Rainbow Quay
  • 18.3% lower than the average in the SE16 7UF postcode area
  • and 45.3% lower than the average price for London as a whole

At the most recent EPC inspection on 30 October 2009, the property was recorded as owner-occupied.

View sold house prices in SE16 7UF

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
745 sq ft
Tenure
Leasehold
Price (estimate)
£478,365
Price Per sq ft (estimate)
£644
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 3, 7 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 8 Sep 2010.

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 30 Oct 2009. The rating of D remains the same, but the energy efficiency score improved by 3.1%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 92% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 92% of fixed outlets
Very Good

Compared to SE16 7UF

52 nd / 72
Price Rank
18% lower than average
31 st / 64
Size Rank
8% bigger than average
51 st / 64
Price Per Sq FT Rank
25% lower than average

Compared to other properties in SE16 7UF , this flat's estimated value ranks 52th out of 72. Based on price per square foot, it ranks 51th 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 31th out of 64 properties in its postcode area.

Sale History

Today
£478,365
streetscan.co.uk estimate
+47 %
8 Jun 2012
£325,000
Leasehold
+203.7 %
23 Dec 1997
£107,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 797 sq ft
sale price: £500,000
sale date: 21 Jan 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: 3
size: 710 sq ft
sale price: £480,000
sale date: 10 Apr 2019
rooms: 3
size: 700 sq ft
sale price: £478,000
sale date: 9 Nov 2018

Data Sources

The property at Flat 3, 7 Rainbow Quay, London, SE16 7UF appears two times in the Land Registry records, with the latest transaction recorded on 8 Jun 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Sep 2010. 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.