7, Rainbow Street
7, Rainbow Street
Description & Estimates
The public record describes 7, Rainbow Street as a period apartment with 893 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
7, Rainbow Street has an estimated sale value of £575,339 and an estimated rental value of £2,649 per month, assuming reasonable condition and based on the information available.
Rainbow Street, London, SE5 lies in the borough of Southwark, within the SE5 postal district.
Our Data Sources
7, Rainbow Street has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 7, Rainbow Street would be worth £604,106, with a potential rental value of £2,782 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £535,066, with a rental value of £2,464 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 7, Rainbow Street has moved down by £13,998 (2.4%) over the last year. During the same period, its estimated monthly rental value has increased by £131 (4.9%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
7, Rainbow Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Nov 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Rainbow Street last changed hands on 13th March 1997, selling for £35,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Mar 1997£35,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 290 metres of 7, Rainbow Street across the last 2 years.
Most recently, Flat 1, Barnwell House, St. Giles Road, London, SE5 7RP, a leasehold flat, sold at £2,800,000 on the 9th September 2022.
Read more about house prices in SE5.
- Sold Sep 2022£2,800,000 | 3 Bed FlatFlat 1, Barnwell House, St. Giles Road, London, SE5 7RPFlat 1, Barnwell House, St. Giles Road, London, SE5 7RP
- Sold Dec 2021£368,000 | 3 Bed FlatFlat 6, Beacon House, Southampton Way, London, SE5 7ETFlat 6, Beacon House, Southampton Way, London, SE5 7ET
- Sold Jun 2016£475,000 | 3 Bed FlatFlat A, 19, Rainbow Street, London, SE5 7TBFlat A, 19, Rainbow Street, London, SE5 7TB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 7, Rainbow Street as the 44th largest and the 43rd most expensive of the 63 addresses on Rainbow Street, London, SE5.
Against the SE5 postcode district average, it is £70k more expensive than the typical property.
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Schools Nearby
- 200mSt George's Church of England Primary School
- 300mBrunswick Park Primary School
- 400mAngel Oak Academy
- 900mArk Walworth Academy
- 1.0kmHarris Academy Peckham
- 1.0kmSacred Heart Catholic School
More reading links
Public Transport Nearby
Denmark Hill station is the nearest stop to 7, Rainbow Street at 1.3 kilometres away.
- 1.3kmDenmark Hill
- 1.4kmPeckham Rye
- 1.8kmKennington
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
