Flat 24, Faraday House, 1 Velocity Way, Enfield, EN3 7FE is a leasehold flat built between 2007-2011. The property offers approximately 474 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £228,034 , which equates to approximately £482 per square foot. It was last sold on 4 Oct 2022 for £235,000. Since then, the value has decreased by £6,966, representing a 3.0% decrease, or approximately 0.9% per year.

The current estimated value of £228,034 is:

  • 9.8% lower than the average property price on Velocity Way
  • 5.7% lower than the average in the EN3 7FE postcode area
  • and 53.9% lower than the average price for Enfield as a whole

At the most recent EPC inspection on 17 March 2023, the property was recorded as rented.

View sold house prices in EN3 7FE

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£228,034
Price Per sq ft (estimate)
£482
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 24, 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 17 Mar 2023.

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 15 Jul 2013. The rating of C remains the same, but the energy efficiency score improved by 1.3%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), improving energy efficiency from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to EN3 7FE

18 th / 28
Price Rank
6% lower than average
10 th / 27
Size Rank
1% smaller than average
16 th / 27
Price Per Sq FT Rank
5% lower than average

Compared to other properties in EN3 7FE , this flat's estimated value ranks 18th out of 28. Based on price per square foot, it ranks 16th out of 27 properties. In terms of size, this home ranks 10th out of 27 properties in its postcode area.

Sale History

Today
£228,034
streetscan.co.uk estimate
-3 %
4 Oct 2022
£235,000
Leasehold
+4.4 %
31 Mar 2016
£225,000
Leasehold
+39.8 %
12 Mar 2008
£160,900
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £230,000
sale date: 1 Apr 2025
rooms: 2
size: 409 sq ft
sale price: £222,500
sale date: 29 Jul 2022
rooms: 2
size: 431 sq ft
sale price: £226,000
sale date: 1 Jul 2022
rooms: 2
size: 420 sq ft
sale price: £110,000
sale date: 19 Nov 2021
rooms: 2
size: 409 sq ft
sale price: £220,000
sale date: 29 Jun 2021

Data Sources

The property at Flat 24, Faraday House, 1 Velocity Way, Enfield, EN3 7FE appears three times in the Land Registry records, with the latest transaction recorded on 4 Oct 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Mar 2023. 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.