Flat 10, 7
Flat 10, 7
Description & Estimates
Flat 10, 7, Rainbow Quay is described in the public record as a modern apartment with 796 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 10, 7, Rainbow Quay is £478,723 and its rental estimate is £2,514 per month, given the available information and assuming reasonable condition.
7, Rainbow Quay is a residential building on Rainbow Quay, London, SE16 and falls within the SE16 postal district and the London Borough of Southwark.
Our Data Sources
Flat 10, 7, Rainbow Quay has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2023.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 10, 7, Rainbow Quay, we estimate a market value of £502,659 and a rental value of £2,640 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £445,212 and £2,338 per month respectively.
Recent Market Change
Over the last year, Flat 10, 7, Rainbow Quay has seen its estimated sale value fall by £20,022 (4.2%) and its estimated rental value move up by £147 per month (5.9%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 10, 7, Rainbow Quay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 10, 7, Rainbow Quay completed on 18th June 1999 at £165,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
- Sold Jun 1999£165,000
- Sold Dec 1997£133,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 10, 7, Rainbow Quay have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st January 2025, was Flat 1, 7, Rainbow Quay, London, SE16 7UF, a leasehold flat which sold for £500,000.
Read more about house prices in SE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 72 addresses on Rainbow Quay, London, SE16, Flat 10, 7, Rainbow Quay comes out as the 28th largest and the 27th most expensive in our analysis of the public data.
It is also £26k more expensive than the average property across the SE16 district.
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Schools Nearby
- 600mArnhem Wharf Primary School
- 800mDeptford Park Primary School
- 800mSt John's Roman Catholic Primary School
- 1.0kmBacon's College
- 1.4kmCanary Wharf College Crossharbour
- 1.8kmDeptford Green School
More reading links
Public Transport Nearby
From Flat 10, 7, Rainbow Quay, the nearest station is Surrey Quays, 900 metres away.
- 900mSurrey Quays
- 1.1kmCanada Water
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
