Faraday House, Velocity Way - EN3 7FE
Key Building Insights
Faraday House, Velocity Way is a residential building situated on Velocity Way, Enfield, EN3 with 30 addresses.
It ranks as the 933rd largest and 242nd most expensive of the 966 buildings in the EN3 area. The most common property type is a modern flat built after 1980.
The building contains a total of 30 properties: 30 flats.
- Ave. Sale Price
- £238,137
- 10 Year change
- up 0.5%
- Ave. Rental Price
- £1,421pcm
- 10 Year change
- up 30.3%
- Ave. £ per ft²
- £512/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Building Insights
Faraday House, Velocity Way is a residential building situated on Velocity Way, Enfield, EN3 with 30 addresses.
It ranks as the 933rd largest and 242nd most expensive of the 966 buildings in the EN3 area. The most common property type is a modern flat built after 1980.
The building contains a total of 30 properties: 30 flats.
- Ave. Sale Price
- £238,137
- 10 Year change
- up 0.5%
- Ave. Rental Price
- £1,421pcm
- 10 Year change
- up 30.3%
- Ave. £ per ft²
- £512/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertieson Velocity Way, Enfield, EN3
- Flat 1, Faraday House 1 Velocity Way
2 Bed Modern Flat
- Flat 2, Faraday House 1 Velocity Way
2 Bed Modern Flat
- Flat 3, Faraday House 1 Velocity Way
1 Bed Modern Flat
- Flat 4, Faraday House 1 Velocity Way
1 Bed Modern Flat
- Flat 5, Faraday House 1 Velocity Way
1 Bed Modern Flat
Sales Market Trends
The last sale in Faraday House, Velocity Way sold for £230,000 on 1st April 2025. Since then prices are down an average of 3.6%.
The current average value in the building is £238,137.
The Faraday House, Velocity Way Sales Market has increased by 0.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £238,137 |
| June 2025 | -0.6% | £246,035 |
| June 2024 | -0.6% | £247,584 |
| June 2023 | -2.2% | £249,109 |
| June 2022 | 4.1% | £254,660 |
| June 2021 | 3.6% | £244,543 |
| June 2020 | -0.5% | £235,963 |
| June 2019 | -1.2% | £237,040 |
| June 2018 | -1.4% | £239,903 |
| June 2017 | 2.7% | £243,232 |
| June 2016 | 17.4% | £236,879 |
| June 2015 | 13.9% | £201,760 |
| June 2014 | 14.6% | £177,214 |
| June 2013 | 3.3% | £154,675 |
| June 2012 | -0.6% | £149,745 |
| June 2011 | -1.3% | £150,701 |
| June 2010 | 6.5% | £152,695 |
| June 2009 | -12% | £143,413 |
| June 2008 | 1.4% | £162,963 |
| June 2007 | 0% | £160,698 |
Rental Market Trends
The current average rental value in the building is £1,421.
The Faraday House, Velocity Way Rental Market has increased by 30.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,421pcm |
| June 2025 | 3.3% | £1,393pcm |
| June 2024 | 9.8% | £1,349pcm |
| June 2023 | 8.4% | £1,229pcm |
| June 2022 | 2.2% | £1,134pcm |
| June 2021 | -0.1% | £1,109pcm |
| June 2020 | 2.2% | £1,110pcm |
| June 2019 | -0.8% | £1,086pcm |
| June 2018 | -0.9% | £1,094pcm |
| June 2017 | 1.2% | £1,104pcm |
| June 2016 | 5.3% | £1,090pcm |
| June 2015 | 5.9% | £1,036pcm |
| June 2014 | 4.6% | £978pcm |
| June 2013 | 2.1% | £935pcm |
| June 2012 | 2.3% | £916pcm |
| June 2011 | 2.1% | £896pcm |
| June 2010 | 4.8% | £877pcm |
| June 2009 | 0.9% | £837pcm |
| June 2008 | 7.5% | £829pcm |
| June 2007 | 0% | £771pcm |
Sales History
The last sale was on 1st April 2025 for £230,000 and since then the market in the area has decreased by 3.6%. The building has had a total of 55 sales since 1995.
Faraday House, Velocity Way, Enfield, EN3 7FE has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2025£230,000 | 1 Bed FlatFlat 28, Faraday House 1, Velocity Way, Enfield, EN3 7FEFlat 28, Faraday House 1, Velocity Way, Enfield, EN3 7FE
- Sold Jan 2025£275,000 | 2 Bed FlatFlat 8, Faraday House 1, Velocity Way, Enfield, EN3 7FEFlat 8, Faraday House 1, Velocity Way, Enfield, EN3 7FE
- Sold Dec 2024£290,000 | 2 Bed FlatFlat 14, Faraday House 1, Velocity Way, Enfield, EN3 7FEFlat 14, Faraday House 1, Velocity Way, Enfield, EN3 7FE
- Sold Oct 2022£287,500 | 2 Bed FlatFlat 17, Faraday House 1, Velocity Way, Enfield, EN3 7FEFlat 17, Faraday House 1, Velocity Way, Enfield, EN3 7FE
- Sold Oct 2022£235,000 | 1 Bed FlatFlat 24, Faraday House 1, Velocity Way, Enfield, EN3 7FEFlat 24, Faraday House 1, Velocity Way, Enfield, EN3 7FE
Property Types
- 28 modern flats built after 1980
- 1 flat of an unknown age
- 1 other address of unknown type
- modern flat (28)
- flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (11)
- F (0)
- C (17)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jan 2016£300,000 | 1 Bed FlatFlat 20, Faraday House 1, Velocity Way, Enfield, EN3 7FEFlat 20, Faraday House 1, Velocity Way, Enfield, EN3 7FE
- Sold Dec 2024£290,000 | 2 Bed FlatFlat 14, Faraday House 1, Velocity Way, Enfield, EN3 7FEFlat 14, Faraday House 1, Velocity Way, Enfield, EN3 7FE
- Sold Nov 2017£289,000 | 2 Bed FlatFlat 15, Franklin House 3, Velocity Way, Enfield, EN3 7FGFlat 15, Franklin House 3, Velocity Way, Enfield, EN3 7FG
Schools Nearby
- Prince of Wales Primary School300 m away
- Keys Meadow Primary School600 m away
- Chesterfield Primary School700 m away
- Oasis Academy Enfield200 m away
- The Lea Valley Academy1.7 km away
- St Ignatius College2.4 km away
More reading links
Public Transport Nearby
The closest station to Faraday House, Velocity Way, Enfield, EN3 7FE is Enfield Lock station, which is 500 metres away.
- Enfield Lock|500 m away
- Waltham Cross|1.5 km away
- Turkey Street|1.8 km away
- Brimsdown|1.9 km away
