Flat 23, Faraday House 1
Flat 23, Faraday House 1
Description & Estimates
Flat 23, Faraday House 1, Enfield is recorded publicly as a modern leasehold apartment across 355 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 23, Faraday House 1, Enfield is £200,153 and its rental estimate is £1,178 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 23, Faraday House 1, Enfield has a single entry in the Land Registry from March 2008 and a single entry in the EPC database dated March 2021.
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 23, Faraday House 1, Enfield, we estimate a market value of £210,161 and a rental value of £1,237 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £186,142 and £1,096 per month respectively.
Recent Market Change
Over the last year, Flat 23, Faraday House 1, Enfield has seen its estimated sale value drop by £3,854 (1.9%) and its estimated rental value rise by £24 per month (2.1%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
Flat 23, Faraday House 1, Enfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 23, Faraday House 1, Enfield completed on 17th March 2008 at £150,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 43.9% over the period since March 2008.
- Sold Mar 2008£150,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 23, 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 16th December 2022, was Flat 11, Glendean Court 70, Tysoe Avenue, Enfield, EN3 6DY, a leasehold flat which sold for £236,000.
Read more about house prices in EN3.
- Sold Dec 2022£236,000 | 1 Bed FlatGlendean Court 70, Tysoe AvenueFlat 11, Glendean Court 70, Tysoe Avenue, Enfield, EN3 6DY
- Sold Sep 2019£110,000 | 1 Bed FlatSherrington House 8, Velocity WayFlat 13, Sherrington House 8, Velocity Way, Enfield, EN3 7GH
- Sold Mar 2016£185,000 | 1 Bed FlatFaraday House 1, Velocity WayFlat 15, Faraday House 1, Velocity Way, Enfield, EN3 7FE
•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 23, Faraday House 1, Enfield comes out as the 184th largest and the 143rd most expensive in our analysis of the public data.
It is also £157k less expensive than the average property across the EN3 district.
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
From Flat 23, 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.
