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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, 7, Rainbow Quay is a modern apartment with 581 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 2, 7, Rainbow Quay is £391,850 and the estimated rental value is £2,138 per month.
The apartment is within 7, Rainbow Quay, London, SE16.
Rainbow Quay, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Flat 2, 7, Rainbow Quay has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2020.
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 2, 7, Rainbow Quay is in very good condition we estimate a sale value of £411,442 and a rental value of £2,244 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,420 and a rental value of £1,988 per month.
Over the last 12 months the sale value of Flat 2 7 Rainbow Quay has decreased by an estimated £16,389 (4.2%) and its rental value has increased by an estimated £125 per month (5.9%), giving an expected gross yield of 6.5%.
Flat 2, 7, Rainbow Quay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, 7, Rainbow Quay was last sold on 23rd January 1998 for £96,950 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 2, 7, Rainbow Quay within a radius of 360 metres over the last 2 years.
The most recent example is Flat 2, 2, Rainbow Quay, London, SE16 7UF, a leasehold flat which sold for £390,000 on the 3rd May 2024.
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 2, 7, Rainbow Quay is the 56th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in SE16.
The nearest school is Arnhem Wharf Primary School which is 600 metres away. The nearest train station is Surrey Quays which is 900 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
