Flat 17 Faraday House, 1 Velocity Way

    FLAT 17 FARADAY HOUSE, 1, VELOCITY WAY, ENFIELD, EN3 7FE

    This flat/maisonette leasehold property on Velocity Way last sold in October 2022 for £287,500. Based on price growth in the EN3 district since then, its estimated current value is £266,718 — placing it in the 42nd percentile nationally and the 22nd percentile within EN3. The property covers 60 m² (646 sq ft), giving an estimated value of £4,445 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £287,500

    Oct 2022

    Estimated Valuation

    £266,718

    Est. £/sq ft

    £413/sq ft

    £4,445/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area646 sq ft (60 m²)
    EPC dateFeb 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Oct 2022

    £287,500

    31 Mar 2008

    New build

    £196,950

    Key Metrics

    Estimated valuation£266,718
    Value per sq ft / m²£413/sq ft (£4,445/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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