Flat 11 Faraday House, 1 Velocity Way

    FLAT 11 FARADAY HOUSE, 1, VELOCITY WAY, ENFIELD, ENFIELD, EN3 7FE

    This flat/maisonette leasehold property on Velocity Way last sold in March 2008 for £157,400. Based on price growth in the EN3 district since then, its estimated current value is £245,295 — placing it in the 36th percentile nationally and the 17th percentile within EN3. The property covers 61 m² (657 sq ft), giving an estimated value of £4,021 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £157,400

    Mar 2008

    Estimated Valuation

    £245,295

    Est. £/sq ft

    £374/sq ft

    £4,021/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area657 sq ft (61 m²)
    EPC dateDec 2015
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Mar 2008

    New build

    £157,400

    Key Metrics

    Estimated valuation£245,295
    Value per sq ft / m²£374/sq ft (£4,021/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    EN3 district percentile17th percentile
    National percentile36th 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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