Flat 3, 4
Flat 3, 4
Description & Estimates
Flat 3, 4, Rainbow Quay is recorded publicly as a modern leasehold apartment across 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 3, 4, Rainbow Quay is £373,213 and its rental estimate is £2,051 per month, given the available information and assuming reasonable condition.
4, 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 3, 4, Rainbow Quay has 31 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated April 2016.
We combine this information with that 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 3, 4, Rainbow Quay, we estimate a market value of £391,874 and a rental value of £2,154 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £347,088 and £1,908 per month respectively.
Recent Market Change
Over the last year, Flat 3, 4, Rainbow Quay has seen its estimated sale value fall by £15,609 (4.2%) and its estimated rental value move up by £120 per month (5.9%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
Flat 3, 4, Rainbow Quay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Apr 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Flat 3, 4, Rainbow Quay completed on 7th October 2016 at £538,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 7.6% over the period since October 2016.
- Sold Oct 2016£538,000
- Sold Nov 2001£245,000
- Sold Oct 1998£135,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, 4, Rainbow Quay have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th March 2025, was Flat 7, 3, Rainbow Quay, London, SE16 7UF, a leasehold flat which sold for £365,000.
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 3, 4, Rainbow Quay comes out as the 62nd largest and the 62nd most expensive in our analysis of the public data.
It is also £80k less 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 3, 4, 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.
