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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 8, Faraday House 1, Enfield is £291,085 and the estimated rental value is £1,701 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.
Flat 8, Faraday House 1, Enfield has 2 entries in the Land Registry , most recently in January 2025 and a single entry in the EPC database dated January 2017.
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.
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 8, Faraday House 1, Enfield is in very good condition we estimate a sale value of £305,639 and a rental value of £1,787 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,709 and a rental value of £1,582 per month.
Over the past 12 months, the estimated sale value of Flat 8, Faraday House 1, Enfield has dropped by £5,389 (1.9%), while its estimated rental value has risen by £34 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Flat 8, Faraday House 1, Enfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 8, Faraday House 1, Enfield was last sold on 31st January 2025 for £275,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2025, the market for similar properties has risen by 1.4%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Faraday House 1, Enfield within a radius of 500 metres over the last 2 years.
The most recent example is Flat 14, Faraday House 1, Velocity Way, Enfield, EN3 7FE, a leasehold flat which sold for £290,000 on the 20th December 2024.
Read more about house prices in EN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Velocity Way, Enfield, EN3 has a total of 185 addresses. According to our analysis of all the public data, Flat 8, Faraday House 1, Enfield is the 14th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in EN3.
The closest station to Flat 8, Faraday House 1, Enfield is Enfield Lock station, which is 500 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, Faraday House 1, Enfield, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 8, Faraday House 1, Enfield, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 8, Faraday House 1, Enfield, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 8, Faraday House 1, Enfield, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.