Flat 9, 7 Rainbow Quay, London, SE16 7UF is a leasehold flat built between 1991-1995. The property offers approximately 1,001 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £824,972 , which equates to approximately £824 per square foot. It was last sold on 6 Feb 1998 for £140,950. Since then, the value has increased by £684,022, representing a 485.3% increase, or approximately 17.4% per year.

The current estimated value of £824,972 is:

  • 29.6% higher than the average property price on Rainbow Quay
  • 40.9% higher than the average in the SE16 7UF postcode area
  • and 5.7% lower than the average price for London as a whole

At the most recent EPC inspection on 14 June 2022, the property was recorded as rented.

View sold house prices in SE16 7UF

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
1001 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£824,972
Price Per sq ft (estimate)
£824
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 9, 7 Rainbow Quay, London, Southwark, Greater London, SE16 7UF has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 14 Jun 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 27 Apr 2012. The rating of B is unchanged, though the energy efficiency score decreased by 3.6%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 54% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SE16 7UF

12 th / 72
Price Rank
41% higher than average
4 th / 64
Size Rank
46% bigger than average
56 th / 64
Price Per Sq FT Rank
4% lower than average

Compared to other properties in SE16 7UF , this flat's estimated value ranks 12th out of 72. Based on price per square foot, it ranks 56th 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 4th out of 64 properties in its postcode area.

Sale History

Today
£824,972
streetscan.co.uk estimate
+485 %
6 Feb 1998
£140,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 861 sq ft
sale price: £620,000
sale date: 16 Mar 2022
rooms: 4
size: 1066 sq ft
sale price: £600,000
sale date: 5 Nov 2021
rooms: 4
size: 915 sq ft
sale price: £585,000
sale date: 24 Jun 2021
rooms: 4
size: 1134 sq ft
sale price: £458,000
sale date: 12 Jun 2013
rooms: 3
size: 936 sq ft
sale price: £345,000
sale date: 30 Jun 2010

Data Sources

The property at Flat 9, 7 Rainbow Quay, London, Southwark, Greater London, SE16 7UF appears once in the Land Registry records, with the transaction recorded on 6 Feb 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Jun 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.