Flat 4, 7 Rainbow Quay, London, SE16 7UF is a leasehold flat built between 1991-1995. The property offers approximately 818 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £647,633 , which equates to approximately £792 per square foot. It was last sold on 7 Sep 2001 for £220,000. Since then, the value has increased by £427,633, representing a 194.4% increase, or approximately 8.0% per year.

The current estimated value of £647,633 is:

  • 1.8% higher than the average property price on Rainbow Quay
  • 10.6% higher than the average in the SE16 7UF postcode area
  • and 26.0% lower than the average price for London as a whole

At the most recent EPC inspection on 6 July 2023, the property was recorded as owner-occupied.

View sold house prices in SE16 7UF

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
818 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£647,633
Price Per sq ft (estimate)
£792
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 4, 7 Rainbow Quay, London, Southwark, Greater London, SE16 7UF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Jul 2023.

This property uses electric underfloor heating as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 8 May 2010. The rating of C is unchanged, though the energy efficiency score decreased by 12.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to electric underfloor heating, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, standard tariff.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, filled cavity, with no change in energy efficiency (good).
  • 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 underfloor heating
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 7UF

31 st / 72
Price Rank
11% higher than average
18 th / 64
Size Rank
19% bigger than average
45 th / 64
Price Per Sq FT Rank
7% lower than average

Compared to other properties in SE16 7UF , this flat's estimated value ranks 31th out of 72. Based on price per square foot, it ranks 45th 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 18th out of 64 properties in its postcode area.

Sale History

Today
£647,633
streetscan.co.uk estimate
+194 %
7 Sep 2001
£220,000
Leasehold
+80.3 %
31 Dec 1997
£122,035
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 5, 6 Rainbow Quay, London, SE16 7UF
rooms: 3
size: 710 sq ft
sale price: £480,000
sale date: 10 Apr 2019

Data Sources

The property at Flat 4, 7 Rainbow Quay, London, SE16 7UF appears two times in the Land Registry records, with the latest transaction recorded on 7 Sep 2001. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Jul 2023. 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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