Flat 10 Faraday House, 1 Velocity Way

    FLAT 10 FARADAY HOUSE, 1, VELOCITY WAY, ENFIELD, ENFIELD, EN3 7FE

    This flat/maisonette leasehold property on Velocity Way last sold in March 2008 for £165,950. Based on price growth in the EN3 district since then, its estimated current value is £258,619 — placing it in the 40th percentile nationally and the 20th percentile within EN3. The property covers 40 m² (431 sq ft), giving an estimated value of £6,465 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £165,950

    Mar 2008

    Estimated Valuation

    £258,619

    Est. £/sq ft

    £601/sq ft

    £6,465/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area431 sq ft (40 m²)
    EPC dateOct 2023
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Mar 2008

    New build

    £165,950

    Key Metrics

    Estimated valuation£258,619
    Value per sq ft / m²£601/sq ft (£6,465/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    EN3 district percentile20th percentile
    National percentile40th percentile

    District Context — EN3

    EN3 covers Enfield and surrounding areas in North London, situated in the northeast of the capital. It is a family-oriented suburban district with good transport links and a mix of residential communities.

    Average Property Price - EN3

    £404,379

    68

    National percentile

    Average Net Household Income - EN3

    £45,230

    76

    National percentile

    10-Year Annualised Price Growth - EN3

    4.1%

    69

    National percentile

    10-Year Annualised Rent Growth - EN

    3.6%

    33

    National percentile

    View full analysis for EN3

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