Flat 18 Faraday House, 1 Velocity Way

    FLAT 18 FARADAY HOUSE, 1, VELOCITY WAY, ENFIELD, EN3 7FE

    This flat/maisonette leasehold property on Velocity Way last sold in June 2021 for £220,000. Based on price growth in the EN3 district since then, its estimated current value is £224,352 — placing it in the 31st percentile nationally and the 12th percentile within EN3. The property covers 34 m² (366 sq ft), giving an estimated value of £6,599 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    366 sq ft

    34 m²

    Last Sale Price

    £220,000

    Jun 2021

    Estimated Valuation

    £224,352

    Est. £/sq ft

    £613/sq ft

    £6,599/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area366 sq ft (34 m²)
    EPC dateAug 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jun 2021

    £220,000

    15 Dec 2017

    £227,000

    5 Nov 2014

    £175,000

    14 Mar 2008

    New build

    £167,950

    Key Metrics

    Estimated valuation£224,352
    Value per sq ft / m²£613/sq ft (£6,599/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    EN3 district percentile12th percentile
    National percentile31st 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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