Flat 9, Fairmead Lodge 8
Flat 9, Fairmead Lodge 8
Description & Estimates
According to the public record, Flat 9, Fairmead Lodge 8, Enfield is a modern leasehold apartment with 699 ft2 of internal area.
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 9, Fairmead Lodge 8, Enfield is £404,628 and the estimated rental value is £1,707 per month.
The apartment is within Fairmead Lodge, The Ridgeway, Enfield, EN2.
The Ridgeway, Enfield, EN2 is located in the borough of Enfield within the EN2 postal district.
Our Data Sources
Flat 9, Fairmead Lodge 8, Enfield has 2 entries in the Land Registry , most recently in October 2011 and a single entry in the EPC database dated May 2021.
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
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 9, Fairmead Lodge 8, Enfield is in very good condition we estimate a sale value of £424,860 and a rental value of £1,792 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,304 and a rental value of £1,587 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 9, Fairmead Lodge 8, Enfield has decreased by £6,693 (1.7%), while its estimated rental value has grown by £53 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Energy Efficiency
Flat 9, Fairmead Lodge 8, Enfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 May 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
According to HM Land Registry, Flat 9, Fairmead Lodge 8, Enfield was last sold on 13th October 2011 for £280,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2011, the market for similar properties has risen by 37.7%.
- Sold Oct 2011£280,000
- Sold Dec 2008£260,000
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 9, Fairmead Lodge 8, Enfield within a radius of 460 metres over the last 2 years.
The most recent example is Flat 8, Fairmead Lodge 8, The Ridgeway, Enfield, EN2 8FP, a leasehold flat which sold for £418,750 on the 19th January 2024.
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
The Ridgeway, Enfield, EN2 has a total of 353 addresses. According to our analysis of all the public data, Flat 9, Fairmead Lodge 8, Enfield is the 238th largest and the 206th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in EN2.
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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
The closest station to Flat 9, Fairmead Lodge 8, Enfield is Enfield Chase station, which is 600 metres away.
- 600mEnfield Chase
- 1.0kmGordon Hill
- 1.3kmGrange Park
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 very low.
