Flat 5, 1 Rainbow Quay, London, SE16 7UF is a leasehold flat built between 1996-2002. The property offers approximately 689 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 £684,128 , which equates to approximately £993 per square foot. It was last sold on 31 Jul 1998 for £129,950. Since then, the value has increased by £554,178, representing a 426.5% increase, or approximately 15.6% per year.

The current estimated value of £684,128 is:

  • 7.5% higher than the average property price on Rainbow Quay
  • 16.8% higher than the average in the SE16 7UF postcode area
  • and 21.8% lower than the average price for London as a whole

At the most recent EPC inspection on 12 May 2022, 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
689 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£684,128
Price Per sq ft (estimate)
£993
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, 1 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 12 May 2022.

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 16 Feb 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 1.2%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in 60% of fixed outlets to low energy lighting in 50% of fixed outlets, with no change in efficiency (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 50% of fixed outlets
Good

Compared to SE16 7UF

50 th / 72
Price Rank
17% higher than average
41 st / 64
Size Rank
1% bigger than average
32 nd / 64
Price Per Sq FT Rank
16% higher than average

Compared to other properties in SE16 7UF , this flat's estimated value ranks 50th out of 72. Based on price per square foot, it ranks 32th out of 64 properties. In terms of size, this home ranks 41th out of 64 properties in its postcode area.

Sale History

Today
£684,128
streetscan.co.uk estimate
+426 %
31 Jul 1998
£129,950
Leasehold

Area Insights

Similar Properties Sold Nearby

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
rooms: 3
size: 775 sq ft
sale price: £496,250
sale date: 9 Feb 2018

Data Sources

The property at Flat 5, 1 Rainbow Quay, London, Southwark, Greater London, SE16 7UF appears once in the Land Registry records, with the transaction recorded on 31 Jul 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 May 2022. 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.