Flat 13 Faraday House, 1 Velocity Way

    FLAT 13 FARADAY HOUSE, 1, VELOCITY WAY, ENFIELD, ENFIELD, EN3 7FE

    This flat/maisonette leasehold property on Velocity Way last sold in April 2008 for £161,950. Based on price growth in the EN3 district since then, its estimated current value is £252,386 — placing it in the 38th percentile nationally and the 18th percentile within EN3. The property covers 39 m² (420 sq ft), giving an estimated value of £6,471 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £161,950

    Apr 2008

    Estimated Valuation

    £252,386

    Est. £/sq ft

    £601/sq ft

    £6,471/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 area420 sq ft (39 m²)
    EPC dateOct 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Apr 2008

    New build

    £161,950

    Key Metrics

    Estimated valuation£252,386
    Value per sq ft / m²£601/sq ft (£6,471/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    EN3 district percentile18th percentile
    National percentile38th 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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