Flat 1 Franklin House, 3 Velocity Way

    FLAT 1 FRANKLIN HOUSE, 3, VELOCITY WAY, ENFIELD, EN3 7FG

    This flat/maisonette leasehold property on Velocity Way last sold in February 2017 for £285,000. Based on price growth in the EN3 district since then, its estimated current value is £313,882 — placing it in the 52nd percentile nationally and the 31st percentile within EN3. The property covers 60 m² (646 sq ft), giving an estimated value of £5,231 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £285,000

    Feb 2017

    Estimated Valuation

    £313,882

    Est. £/sq ft

    £486/sq ft

    £5,231/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateAug 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Feb 2017

    £285,000

    6 Mar 2008

    New build

    £196,000

    Key Metrics

    Estimated valuation£313,882
    Value per sq ft / m²£486/sq ft (£5,231/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    EN3 district percentile31st percentile
    National percentile52nd 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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