Flat 1, Faraday House 1
Flat 1, Faraday House 1
Description & Estimates
Flat 1, Faraday House 1, Enfield is recorded publicly as a modern leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 1, Faraday House 1, Enfield is £288,517 and its rental estimate is £1,688 per month, given the available information and assuming reasonable condition.
Faraday House, Velocity Way is a residential building on Velocity Way, Enfield, EN3 and falls within the EN3 postal district and the borough of Enfield.
Our Data Sources
Flat 1, Faraday House 1, Enfield has 2 entries in the Land Registry , most recently in February 2016 and a single entry in the EPC database dated March 2026.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 1, Faraday House 1, Enfield, we estimate a market value of £302,943 and a rental value of £1,773 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £268,321 and £1,570 per month respectively.
Recent Market Change
Over the last year, Flat 1, Faraday House 1, Enfield has seen its estimated sale value decline by £5,342 (1.9%) and its estimated rental value climb by £34 per month (2.0%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
Flat 1, Faraday House 1, Enfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Mar 2026.
The property is connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, Faraday House 1, Enfield completed on 4th February 2016 at £270,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 10.1% over the period since February 2016.
- Sold Feb 2016£270,000
- Sold Mar 2008£220,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Faraday House 1, Enfield have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2025, was Flat 8, Faraday House 1, Velocity Way, Enfield, EN3 7FE, a leasehold flat which sold for £275,000.
Read more about house prices in EN3.
- Sold Jan 2025£275,000 | 2 Bed FlatFaraday House 1, Velocity WayFlat 8, Faraday House 1, Velocity Way, Enfield, EN3 7FE
- Sold Dec 2024£290,000 | 2 Bed FlatFaraday House 1, Velocity WayFlat 14, Faraday House 1, Velocity Way, Enfield, EN3 7FE
- Sold Apr 2024£210,000 | 2 Bed FlatFranklin House 3, Velocity WayFlat 25, Franklin House 3, Velocity Way, Enfield, EN3 7FG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 185 addresses on Velocity Way, Enfield, EN3, Flat 1, Faraday House 1, Enfield comes out as the 27th largest and the 26th most expensive in our analysis of the public data.
It is also £69k less expensive than the average property across the EN3 district.
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Schools Nearby
- 300mPrince of Wales Primary School
- 600mKeys Meadow Primary School
- 700mChesterfield Primary School
- 200mOasis Academy Enfield
- 1.7kmThe Lea Valley Academy
- 2.4kmSt Ignatius College
More reading links
Public Transport Nearby
From Flat 1, Faraday House 1, Enfield, the nearest station is Enfield Lock, 500 metres away.
- 500mEnfield Lock
- 1.5kmWaltham Cross
- 1.8kmTurkey Street
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
