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According to the public record, Flat 1, 2, Rainbow Quay is a modern apartment with 749 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 2, Rainbow Quay is £459,424 and the estimated rental value is £2,433 per month.
The apartment is within 2, Rainbow Quay, London, SE16.
Rainbow Quay, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 1, 2, Rainbow Quay has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2009.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 1, 2, Rainbow Quay is in very good condition we estimate a sale value of £482,395 and a rental value of £2,555 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £427,264 and a rental value of £2,263 per month.
Over the past 12 months, the estimated sale value of Flat 1, 2, Rainbow Quay has dropped by £19,215 (4.2%), while its estimated rental value has risen by £142 per month (5.9%). Based on current estimates, the property offers a gross rental yield of 6.4%.
Flat 1, 2, Rainbow Quay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 1, 2, Rainbow Quay was last sold on 21st August 1998 for £117,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 2, Rainbow Quay within a radius of 330 metres over the last 2 years.
The most recent example is Flat 8, 1, Rainbow Quay, London, SE16 7UF, a leasehold flat which sold for £515,000 on the 13th January 2025.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainbow Quay, London, SE16 has a total of 72 addresses. According to our analysis of all the public data, Flat 1, 2, Rainbow Quay is the 37th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in SE16.
The closest station to Flat 1, 2, Rainbow Quay is Surrey Quays station, which is 900 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 2, Rainbow Quay, 64.9% of property is privately rented and 18.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 1, 2, Rainbow Quay, 12.6% of residents are recorded as possessing school level qualifications and 78.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 1, 2, Rainbow Quay, the average age was 34.7 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 1, 2, Rainbow Quay, 0.4% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 1, 2, Rainbow Quay, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.