Flat 8, 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 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £522,883 , which equates to approximately £759 per square foot. It was last sold on 13 Jan 2025 for £515,000. Since then, the value has increased by £7,883, representing a 1.5% increase, or approximately 1.7% per year.

The current estimated value of £522,883 is:

  • 17.8% lower than the average property price on Rainbow Quay
  • 10.7% lower than the average in the SE16 7UF postcode area
  • and 40.3% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 24 November 2023, 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
2nd floor
Price (estimate)
£522,883
Price Per sq ft (estimate)
£759
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 8, 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 24 Nov 2023.

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 25 Sep 2013. The rating of C is unchanged, though the energy efficiency score decreased by 1.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in 80% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to SE16 7UF

47 th / 72
Price Rank
11% lower than average
42 nd / 64
Size Rank
1% bigger than average
29 th / 64
Price Per Sq FT Rank
11% lower than average

Compared to other properties in SE16 7UF , this flat's estimated value ranks 47th out of 72. Based on price per square foot, it ranks 29th out of 64 properties. In terms of size, this home ranks 42th out of 64 properties in its postcode area.

Sale History

Today
£522,883
streetscan.co.uk estimate
+2 %
13 Jan 2025
£515,000
Leasehold
+151.2 %
20 Dec 2000
£205,000
Leasehold
+55.4 %
31 Jul 1998
£131,950
Leasehold

Area Insights

Similar Properties Sold Nearby

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
rooms: 3
size: 678 sq ft
sale price: £475,000
sale date: 27 Oct 2017

Data Sources

The property at Flat 8, 1 Rainbow Quay, London, SE16 7UF appears three times in the Land Registry records, with the latest transaction recorded on 13 Jan 2025. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Nov 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.