Flat 5, Faraday House, 1 Velocity Way, Enfield, EN3 7FE is a leasehold flat built in 2007 onwards. The property offers approximately 420 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £249,998 , which equates to approximately £596 per square foot. It was last sold on 31 Mar 2008 for £163,950. Since then, the value has increased by £86,048, representing a 52.5% increase, or approximately 3.0% per year.

The current estimated value of £249,998 is:

  • 1.1% lower than the average property price on Velocity Way
  • 3.4% higher than the average in the EN3 7FE postcode area
  • and 49.4% lower than the average price for Enfield as a whole

View sold house prices in EN3 7FE

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
420 sq ft
Tenure
Leasehold
Price (estimate)
£249,998
Price Per sq ft (estimate)
£596
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Faraday House, 1 Velocity Way, Enfield, Greater London Authority, EN3 7FE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 Aug 2019.

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 3 Jul 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.1%.

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 energy efficiency improving from good to very good, with the construction or insulation remaining cavity wall, as built, insulated (assumed).
  • The lighting was changed from low energy lighting in 90% of fixed outlets to low energy lighting in 83% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to EN3 7FE

20 th / 28
Price Rank
3% higher than average
14 th / 27
Size Rank
12% smaller than average
11 th / 27
Price Per Sq FT Rank
18% higher than average

Compared to other properties in EN3 7FE , this flat's estimated value ranks 20th out of 28. Based on price per square foot, it ranks 11th out of 27 properties. In terms of size, this home ranks 14th out of 27 properties in its postcode area.

Sale History

Today
£249,998
streetscan.co.uk estimate
+52 %
31 Mar 2008
£163,950
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 28, Faraday House, 1 Velocity Way, Enfield, EN3 7FE
rooms: 2
size: 420 sq ft
sale price: £230,000
sale date: 1 Apr 2025
Flat 24, Faraday House, 1 Velocity Way, Enfield, EN3 7FE
rooms: 2
size: 474 sq ft
sale price: £235,000
sale date: 4 Oct 2022
Flat 3, Faraday House, 1 Velocity Way, Enfield, EN3 7FE
rooms: 2
size: 409 sq ft
sale price: £222,500
sale date: 29 Jul 2022
Flat 20, Faraday House, 1 Velocity Way, Enfield, EN3 7FE
rooms: 2
size: 431 sq ft
sale price: £226,000
sale date: 1 Jul 2022
Flat 19, Faraday House, 1 Velocity Way, Enfield, EN3 7FE
rooms: 2
size: 420 sq ft
sale price: £110,000
sale date: 19 Nov 2021

Data Sources

The property at Flat 5, Faraday House, 1 Velocity Way, Enfield, Greater London Authority, EN3 7FE appears once in the Land Registry records, with the transaction recorded on 31 Mar 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Aug 2019. 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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