Flat 6, 1 Rainbow Quay, London, SE16 7UF is a leasehold flat built between 1996-2002. The property offers approximately 700 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 £527,572 , which equates to approximately £754 per square foot. It was last sold on 3 Jul 2015 for £500,000. Since then, the value has increased by £27,572, representing a 5.5% increase, or approximately 0.5% per year.

The current estimated value of £527,572 is:

  • 17.1% lower than the average property price on Rainbow Quay
  • 9.9% lower than the average in the SE16 7UF postcode area
  • and 39.7% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 16 April 2022, the property was recorded as rented.

View sold house prices in SE16 7UF

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
700 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£527,572
Price Per sq ft (estimate)
£754
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 6, 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 16 Apr 2022.

This property uses electric room 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 Mar 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 heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 7UF

48 th / 72
Price Rank
10% lower than average
38 th / 64
Size Rank
2% bigger than average
33 rd / 64
Price Per Sq FT Rank
12% lower than average

Compared to other properties in SE16 7UF , this flat's estimated value ranks 48th out of 72. Based on price per square foot, it ranks 33th out of 64 properties. In terms of size, this home ranks 38th out of 64 properties in its postcode area.

Sale History

Today
£527,572
streetscan.co.uk estimate
+6 %
3 Jul 2015
£500,000
Leasehold
+37.9 %
6 Sep 2012
£362,500
Leasehold
+45 %
31 Aug 2005
£250,000
Leasehold
+89.5 %
31 Jul 1998
£131,950
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 8, 1 Rainbow Quay, London, SE16 7UF
rooms: 3
size: 689 sq ft
sale price: £515,000
sale date: 13 Jan 2025
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
Flat 5, 3 Rainbow Quay, London, SE16 7UF
rooms: 3
size: 700 sq ft
sale price: £478,000
sale date: 9 Nov 2018

Data Sources

The property at Flat 6, 1 Rainbow Quay, London, SE16 7UF appears four times in the Land Registry records, with the latest transaction recorded on 3 Jul 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Apr 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.
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