Flat 23, Faraday House, 1 Velocity Way, Enfield, EN3 7FE is a leasehold flat built between 1996-2002. The property offers approximately 355 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £190,857 , which equates to approximately £537 per square foot. It was last sold on 31 Jan 2018 for £182,500. Since then, the value has increased by £8,357, representing a 4.6% increase, or approximately 0.6% per year.

The current estimated value of £190,857 is:

  • 24.5% lower than the average property price on Velocity Way
  • 21.0% lower than the average in the EN3 7FE postcode area
  • and 61.4% lower than the average price for Enfield as a whole

At the most recent EPC inspection on 16 March 2021, the property was recorded as rented.

View sold house prices in EN3 7FE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
355 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£190,857
Price Per sq ft (estimate)
£537
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 23, Faraday House, 1 Velocity Way, Enfield, Greater London, EN3 7FE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Mar 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Jul 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 11.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to EN3 7FE

23 rd / 28
Price Rank
21% lower than average
27 th / 27
Size Rank
26% smaller than average
3 rd / 27
Price Per Sq FT Rank
6% higher than average

Compared to other properties in EN3 7FE , this flat's estimated value ranks 23th out of 28. Based on price per square foot, it ranks 3rd out of 27 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 27th out of 27 properties in its postcode area.

Sale History

Today
£190,857
streetscan.co.uk estimate
+5 %
31 Jan 2018
£182,500
Leasehold
+21.3 %
17 Mar 2008
£150,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 15, Faraday House, 1 Velocity Way, Enfield, EN3 7FE
rooms: 2
size: 366 sq ft
sale price: £185,000
sale date: 31 Mar 2016
Flat 18, Franklin House, 3 Velocity Way, Enfield, EN3 7FG
rooms: 2
size: 388 sq ft
sale price: £175,000
sale date: 28 Feb 2008

Data Sources

The property at Flat 23, Faraday House, 1 Velocity Way, Enfield, EN3 7FE appears two times in the Land Registry records, with the latest transaction recorded on 31 Jan 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Mar 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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