Flat 4 Faraday House, 1 Velocity Way

    FLAT 4 FARADAY HOUSE, 1, VELOCITY WAY, ENFIELD, ENFIELD, EN3 7FE

    This flat/maisonette leasehold property on Velocity Way last sold in March 2008 for £172,000. Based on price growth in the EN3 district since then, its estimated current value is £268,048 — placing it in the 42nd percentile nationally and the 22nd percentile within EN3. The property covers 38 m² (409 sq ft), giving an estimated value of £7,054 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    409 sq ft

    38 m²

    Last Sale Price

    £172,000

    Mar 2008

    Estimated Valuation

    £268,048

    Est. £/sq ft

    £655/sq ft

    £7,054/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area409 sq ft (38 m²)
    EPC dateJul 2013
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Mar 2008

    New build

    £172,000

    Key Metrics

    Estimated valuation£268,048
    Value per sq ft / m²£655/sq ft (£7,054/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    EN3 district percentile22nd percentile
    National percentile42nd 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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