Ground Floor, 39 Rainbow Street, London, SE5 7TB is a leasehold flat built before 1900. The property offers approximately 710 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £559,560 , which equates to approximately £788 per square foot. It was last sold on 17 Feb 2023 for £550,000. Since then, the value has increased by £9,560, representing a 1.7% increase, or approximately 0.6% per year.

The current estimated value of £559,560 is:

  • 14.0% lower than the average property price on Rainbow Street
  • 2.0% lower than the average in the SE5 7TB postcode area
  • and 36.1% 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 21 June 2018, the property was recorded as owner-occupied.

View sold house prices in SE5 7TB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
710 sq ft
Tenure
Leasehold
Price (estimate)
£559,560
Price Per sq ft (estimate)
£788
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Ground Floor, 39 Rainbow Street, London, Southwark, Greater London Authority, SE5 7TB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 Jun 2018.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 30 Mar 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 19.7%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, with external insulation to solid brick, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 17% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 17% of fixed outlets
Poor

Compared to SE5 7TB

11 th / 19
Price Rank
2% lower than average
10 th / 11
Size Rank
32% smaller than average
2 nd / 11
Price Per Sq FT Rank
44% higher than average

Compared to other properties in SE5 7TB , this flat's estimated value ranks 11th out of 19. Based on price per square foot, it ranks 2nd out of 11 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 10th out of 11 properties in its postcode area.

Sale History

Today
£559,560
streetscan.co.uk estimate
+2 %
17 Feb 2023
£550,000
Leasehold
+5.3 %
8 Jan 2019
£522,500
Leasehold
+80.8 %
25 Apr 2012
£289,000
Leasehold
+15.6 %
18 Feb 2008
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 753 sq ft
sale price: £320,000
sale date: 6 Dec 2013

Data Sources

The property at Ground Floor, 39 Rainbow Street, London, SE5 7TB appears four times in the Land Registry records, with the latest transaction recorded on 17 Feb 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Jun 2018. 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.