Flat 15 Faraday House, 1 Velocity Way

    FLAT 15 FARADAY HOUSE, 1, VELOCITY WAY, ENFIELD, EN3 7FE

    This flat/maisonette leasehold property on Velocity Way last sold in March 2016 for £185,000. Based on price growth in the EN3 district since then, its estimated current value is £213,400 — placing it in the 28th percentile nationally and the 10th percentile within EN3. The property covers 34 m² (366 sq ft), giving an estimated value of £6,276 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    366 sq ft

    34 m²

    Last Sale Price

    £185,000

    Mar 2016

    Estimated Valuation

    £213,400

    Est. £/sq ft

    £583/sq ft

    £6,276/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area366 sq ft (34 m²)
    EPC dateJul 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2016

    £185,000

    13 Dec 2013

    £122,500

    27 Mar 2008

    New build

    £149,500

    Key Metrics

    Estimated valuation£213,400
    Value per sq ft / m²£583/sq ft (£6,276/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    EN3 district percentile10th percentile
    National percentile28th 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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