Flat 5, 6 Rainbow Quay, London, SE16 7UF is a leasehold flat built between 1991-1995. The property offers approximately 710 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 £494,922 , which equates to approximately £697 per square foot. It was last sold on 10 Apr 2019 for £480,000. Since then, the value has increased by £14,922, representing a 3.1% increase, or approximately 0.5% per year.

The current estimated value of £494,922 is:

  • 22.2% lower than the average property price on Rainbow Quay
  • 15.5% lower than the average in the SE16 7UF postcode area
  • and 43.5% 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
1991-1995
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£494,922
Price Per sq ft (estimate)
£697
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, 6 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 20 Jun 2019.

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 31 Jul 2009. The rating of C remains the same, but the energy efficiency score improved by 1.3%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 63% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Poor
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

53 rd / 72
Price Rank
15% lower than average
34 th / 64
Size Rank
4% bigger than average
44 th / 64
Price Per Sq FT Rank
19% lower than average

Compared to other properties in SE16 7UF , this flat's estimated value ranks 53th out of 72. Based on price per square foot, it ranks 44th 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 34th out of 64 properties in its postcode area.

Sale History

Today
£494,922
streetscan.co.uk estimate
+3 %
10 Apr 2019
£480,000
Leasehold
+328.8 %
16 Mar 1998
£111,950
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: 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, 6 Rainbow Quay, London, SE16 7UF appears two times in the Land Registry records, with the latest transaction recorded on 10 Apr 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Jun 2019. 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.