Flat 9, 1
Flat 9, 1
Description & Estimates
According to the public record, Flat 9, 1, Rainbow Quay is a modern apartment with 1,388 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 9, 1, Rainbow Quay is £693,833 and the estimated rental value is £3,568 per month.
The apartment is within 1, Rainbow Quay, London, SE16.
Rainbow Quay, London, SE16 is located in the borough of Southwark within the SE16 postal district.
Our Data Sources
Flat 9, 1, Rainbow Quay has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2014.
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
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 9, 1, Rainbow Quay is in very good condition we estimate a sale value of £728,525 and a rental value of £3,746 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £645,265 and a rental value of £3,318 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 9, 1, Rainbow Quay has moved down by £23,987 (3.5%), while its estimated rental value has increased by £196 per month (5.5%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Energy Efficiency
Flat 9, 1, Rainbow Quay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 9, 1, Rainbow Quay was last sold on 18th October 2005 for £430,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
- Sold Oct 2005£430,000
- Sold Sep 1998£234,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, 1, Rainbow Quay within a radius of 320 metres over the last 2 years.
The most recent example is 34, Rope Street, London, SE16 7TE, a leasehold flat which sold for £658,000 on the 22nd November 2024.
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
Rainbow Quay, London, SE16 has a total of 72 addresses. According to our analysis of all the public data, Flat 9, 1, Rainbow Quay is the largest and the most expensive property on the street.
When compared to the postcode district it is £241k more expensive than the average property in SE16.
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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
The closest station to Flat 9, 1, Rainbow Quay is Surrey Quays station, which is 900 metres away.
- 900mSurrey Quays
- 1.1kmCanada Water
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
