Fermi House, Velocity Way - EN3 7GL
Key Building Insights
Fermi House, Velocity Way is a residential building situated on Velocity Way, Enfield, EN3 with 18 addresses.
It ranks as the 894th largest and 240th 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 18 properties: 18 flats.
- Ave. Sale Price
- £232,596
- 10 Year change
- down 0.2%
- Ave. Rental Price
- £1,577pcm
- 10 Year change
- up 29.4%
- Ave. £ per ft²
- £444/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Key Building Insights
Fermi House, Velocity Way is a residential building situated on Velocity Way, Enfield, EN3 with 18 addresses.
It ranks as the 894th largest and 240th 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 18 properties: 18 flats.
- Ave. Sale Price
- £232,596
- 10 Year change
- down 0.2%
- Ave. Rental Price
- £1,577pcm
- 10 Year change
- up 29.4%
- Ave. £ per ft²
- £444/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Explore Propertieson Velocity Way, Enfield, EN3
- Flat 1, Fermi House 4 Velocity Way
2 Bed Modern Flat
- Flat 2, Fermi House 4 Velocity Way
2 Bed Modern Flat
- Flat 3, Fermi House 4 Velocity Way
2 Bed Modern Flat
- Flat 4, Fermi House 4 Velocity Way
2 Bed Modern Flat
- Flat 5, Fermi House 4 Velocity Way
2 Bed Modern Flat
Sales Market Trends
The last sale in Fermi House, Velocity Way sold for £230,000 on 9th July 2024. Since then prices are down an average of 2.8%.
The current average value in the building is £232,596.
The Fermi House, Velocity Way Sales Market has decreased by 0.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £232,596 |
| June 2025 | -0.3% | £238,759 |
| June 2024 | 0.2% | £239,530 |
| June 2023 | -2.8% | £238,988 |
| June 2022 | 3.7% | £245,849 |
| June 2021 | 3.6% | £237,017 |
| June 2020 | -1% | £228,792 |
| June 2019 | -1% | £231,129 |
| June 2018 | -1.3% | £233,384 |
| June 2017 | 1.4% | £236,359 |
| June 2016 | 17.8% | £232,988 |
| June 2015 | 14.2% | £197,753 |
| June 2014 | 14.8% | £173,175 |
| June 2013 | 3.2% | £150,902 |
| June 2012 | -0.4% | £146,153 |
| June 2011 | -0.9% | £146,775 |
| June 2010 | 6.8% | £148,077 |
| June 2009 | -12.1% | £138,688 |
| June 2008 | 1.2% | £157,824 |
| June 2007 | 0% | £155,948 |
Rental Market Trends
The current average rental value in the building is £1,577.
The Fermi House, Velocity Way Rental Market has increased by 29.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,577pcm |
| June 2025 | 3.6% | £1,536pcm |
| June 2024 | 10.7% | £1,483pcm |
| June 2023 | 7.7% | £1,340pcm |
| June 2022 | 1.8% | £1,244pcm |
| June 2021 | -0.1% | £1,221pcm |
| June 2020 | 1.6% | £1,223pcm |
| June 2019 | -0.5% | £1,203pcm |
| June 2018 | -0.8% | £1,210pcm |
| June 2017 | 0% | £1,219pcm |
| June 2016 | 5.6% | £1,218pcm |
| June 2015 | 6.2% | £1,153pcm |
| June 2014 | 4.8% | £1,086pcm |
| June 2013 | 2.1% | £1,037pcm |
| June 2012 | 2.5% | £1,016pcm |
| June 2011 | 2.6% | £991pcm |
| June 2010 | 5.1% | £966pcm |
| June 2009 | 0.7% | £919pcm |
| June 2008 | 7.3% | £913pcm |
| June 2007 | 0% | £851pcm |
Sales History
The last sale was on 9th July 2024 for £230,000 and since then the market in the area has decreased by 2.8%. The building has had a total of 6 sales since 1995.
Fermi House, Velocity Way, Enfield, EN3 7GL has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2024£230,000 | 2 Bed FlatFlat 10, Fermi House 4, Velocity Way, Enfield, EN3 7GLFlat 10, Fermi House 4, Velocity Way, Enfield, EN3 7GL
- Sold Dec 2023£225,000 | 2 Bed FlatFlat 15, Fermi House 4, Velocity Way, Enfield, EN3 7GLFlat 15, Fermi House 4, Velocity Way, Enfield, EN3 7GL
- Sold Feb 2023£230,000 | 2 Bed FlatFlat 5, Fermi House 4, Velocity Way, Enfield, EN3 7GLFlat 5, Fermi House 4, Velocity Way, Enfield, EN3 7GL
- Sold Nov 2022£230,000 | 2 Bed FlatFlat 1, Fermi House 4, Velocity Way, Enfield, EN3 7GLFlat 1, Fermi House 4, Velocity Way, Enfield, EN3 7GL
- Sold Apr 2019£143,750 | 2 Bed FlatFlat 13, Fermi House 4, Velocity Way, Enfield, EN3 7GLFlat 13, Fermi House 4, Velocity Way, Enfield, EN3 7GL
Property Types
- 18 modern flats built after 1980
- modern flat (18)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (16)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (0)
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 School400 m away
- Keys Meadow Primary School500 m away
- Chesterfield Primary School700 m away
- Oasis Academy Enfield200 m away
- The Lea Valley Academy1.7 km away
- St Ignatius College2.3 km away
More reading links
Public Transport Nearby
The closest station to Fermi House, Velocity Way, Enfield, EN3 7GL 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|2.0 km away
