Flat 18, Faraday House 1
Flat 18, Faraday House 1
Description & Estimates
According to the public record, Flat 18, Faraday House 1, Enfield is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 18, Faraday House 1, Enfield is £216,297 and the estimated rental value is £1,266 per month.
The apartment is within Faraday House, Velocity Way, Enfield, EN3.
Velocity Way, Enfield, EN3 is located in the borough of Enfield within the EN3 postal district.
Our Data Sources
Flat 18, Faraday House 1, Enfield has 4 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated October 2023.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 18, Faraday House 1, Enfield is in very good condition we estimate a sale value of £227,112 and a rental value of £1,329 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,156 and a rental value of £1,177 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 18, Faraday House 1, Enfield has moved down by £4,165 (1.9%), while its estimated rental value has increased by £26 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
Flat 18, Faraday House 1, Enfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 18, Faraday House 1, Enfield was last sold on 29th June 2021 for £220,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since June 2021, the market for similar properties has dropped by 1.2%.
- Sold Jun 2021£220,000
- Sold Dec 2017£227,000
- Sold Nov 2014£175,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, Faraday House 1, Enfield within a radius of 500 metres over the last 2 years.
The most recent example is Flat 7, Franklin House 3, Velocity Way, Enfield, EN3 7FG, a leasehold flat which sold for £226,000 on the 29th August 2025.
Read more about house prices in EN3.
- Sold Aug 2025£226,000 | 1 Bed FlatFranklin House 3, Velocity WayFlat 7, Franklin House 3, Velocity Way, Enfield, EN3 7FG
- Sold Apr 2025£230,000 | 1 Bed FlatFaraday House 1, Velocity WayFlat 28, Faraday House 1, Velocity Way, Enfield, EN3 7FE
- Sold Jul 2022£222,500 | 1 Bed FlatFaraday House 1, Velocity WayFlat 3, Faraday House 1, Velocity Way, Enfield, EN3 7FE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Velocity Way, Enfield, EN3 has a total of 185 addresses. According to our analysis of all the public data, Flat 18, Faraday House 1, Enfield is the 171st largest and the 140th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in EN3.
More reading links
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
The closest station to Flat 18, Faraday House 1, Enfield is Enfield Lock station, which is 500 metres away.
- 500mEnfield Lock
- 1.5kmWaltham Cross
- 1.8kmTurkey Street
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
