Flat 4, 2 Rainbow Quay, London, SE16 7UF is a leasehold flat built between 1996-2002. The property offers approximately 1,134 square feet of living space and is situated on the 1st floor of a 4-storey building. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £626,836 , which equates to approximately £555 per square foot. It was last sold on 12 Jun 2013 for £458,000. Since then, the value has increased by £168,836, representing a 36.9% increase, or approximately 3.0% per year.

The current estimated value of £626,836 is:

  • 1.5% lower than the average property price on Rainbow Quay
  • 7.0% higher than the average in the SE16 7UF postcode area
  • and 28.4% 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
1996-2002
Interior Size
1134 sq ft
Tenure
Leasehold
Floor level
1st floor of 4
Price (estimate)
£626,836
Price Per sq ft (estimate)
£555
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 4, 2 Rainbow Quay, London, Southwark, Greater London Authority, SE16 7UF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 Feb 2009.

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.

Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Solid brick, with internal insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 30% of fixed outlets
Average

Compared to SE16 7UF

16 th / 72
Price Rank
7% higher than average
2 nd / 64
Size Rank
65% bigger than average
64 th / 64
Price Per Sq FT Rank
35% lower than average

Compared to other properties in SE16 7UF , this flat's estimated value ranks 16th out of 72. Based on price per square foot, it ranks 64th 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 2nd out of 64 properties in its postcode area.

Sale History

Today
£626,836
streetscan.co.uk estimate
+37 %
12 Jun 2013
£458,000
Leasehold
+193.7 %
24 Aug 1998
£155,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1066 sq ft
sale price: £600,000
sale date: 5 Nov 2021
rooms: 4
size: 1001 sq ft
sale price: £140,950
sale date: 6 Feb 1998

Data Sources

The property at Flat 4, 2 Rainbow Quay, London, SE16 7UF appears two times in the Land Registry records, with the latest transaction recorded on 12 Jun 2013. It also has a single Energy Performance Certificate (EPC) from 26 Feb 2009. 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.