Flat 3, Fairmead Lodge 8
Flat 3, Fairmead Lodge 8
Description & Estimates
Flat 3, Fairmead Lodge 8, Enfield is recorded publicly as a modern leasehold apartment across 723 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 3, Fairmead Lodge 8, Enfield is £414,117 and its rental estimate is £1,739 per month, given the available information and assuming reasonable condition.
Fairmead Lodge, The Ridgeway is a residential building on The Ridgeway, Enfield, EN2 and falls within the EN2 postal district and the borough of Enfield.
Our Data Sources
Flat 3, Fairmead Lodge 8, Enfield has 3 entries in the Land Registry , most recently in June 2015 and a single entry in the EPC database dated November 2007.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 3, Fairmead Lodge 8, Enfield, we estimate a market value of £434,823 and a rental value of £1,826 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £385,129 and £1,617 per month respectively.
Recent Market Change
Over the last year, Flat 3, Fairmead Lodge 8, Enfield has seen its estimated sale value decrease by £6,850 (1.7%) and its estimated rental value grow by £54 per month (3.1%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
Flat 3, Fairmead Lodge 8, Enfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Nov 2007.
The property is not 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 3, Fairmead Lodge 8, Enfield completed on 23rd June 2015 at £374,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 0.9% over the period since June 2015.
- Sold Jun 2015£374,995
- Sold Oct 2011£275,000
- Sold Mar 2009£238,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, Fairmead Lodge 8, Enfield have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th January 2024, was Flat 8, Fairmead Lodge 8, The Ridgeway, Enfield, EN2 8FP, a leasehold flat which sold for £418,750.
Read more about house prices in EN2.
- Sold Jan 2024£418,750 | 2 Bed FlatFairmead Lodge 8, The RidgewayFlat 8, Fairmead Lodge 8, The Ridgeway, Enfield, EN2 8FP
- Sold Jun 2021£417,500 | 2 Bed FlatConnor Court 7, Slades HillFlat 12, Connor Court 7, Slades Hill, Enfield, EN2 7FH
- Sold Aug 2016£420,000 | 2 Bed FlatFairmead Lodge 8, The RidgewayFlat 6, Fairmead Lodge 8, The Ridgeway, Enfield, EN2 8FP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 353 addresses on The Ridgeway, Enfield, EN2, Flat 3, Fairmead Lodge 8, Enfield comes out as the 233rd largest and the 191st most expensive in our analysis of the public data.
It is also £112k less expensive than the average property across the EN2 district.
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Schools Nearby
- 800mChase Side Primary School
- 900mMerryhills Primary School
- 1.1kmGrange Park Primary School
- 900mHighlands School
- 1.0kmEnfield County School for Girls
- 1.1kmEnfield Grammar School
More reading links
Public Transport Nearby
From Flat 3, Fairmead Lodge 8, Enfield, the nearest station is Enfield Chase, 600 metres away.
- 600mEnfield Chase
- 1.0kmGordon Hill
- 1.3kmGrange Park
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 very low, based on Environment Agency data.
