Flat 9, Faraday House, 1 Velocity Way, Enfield, EN3 7FE is a leasehold flat built between 2007-2011. The property offers approximately 657 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £273,115 , which equates to approximately £416 per square foot. It was last sold on 24 Aug 2015 for £225,000. Since then, the value has increased by £48,115, representing a 21.4% increase, or approximately 2.1% per year.

The current estimated value of £273,115 is:

  • 8.0% higher than the average property price on Velocity Way
  • 13.0% higher than the average in the EN3 7FE postcode area
  • and 44.7% lower than the average price for Enfield as a whole

At the most recent EPC inspection on 22 March 2024, 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
657 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£273,115
Price Per sq ft (estimate)
£416
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 9, 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 22 Mar 2024.

This property uses an electric boiler with radiators 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 18 Feb 2014. The rating of C is unchanged, though the energy efficiency score decreased by 8.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to boiler and radiators, electric, changing energy efficiency from good to very poor.
  • The hot water energy efficiency changing from good to very poor, while the system remained as from main system.
  • The lighting was changed from low energy lighting in 57% of fixed outlets to low energy lighting in 67% of fixed outlets, with no change in efficiency (good).
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to EN3 7FE

9 th / 28
Price Rank
13% higher than average
4 th / 27
Size Rank
38% bigger than average
25 th / 27
Price Per Sq FT Rank
18% lower than average

Compared to other properties in EN3 7FE , this flat's estimated value ranks 9th out of 28. Based on price per square foot, it ranks 25th out of 27 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 27 properties in its postcode area.

Sale History

Today
£273,115
streetscan.co.uk estimate
+21 %
24 Aug 2015
£225,000
Leasehold
+17.2 %
18 Mar 2008
£191,950
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 7, Faraday House, 1 Velocity Way, Enfield, EN3 7FE
rooms: 4
size: 646 sq ft
sale price: £194,950
sale date: 28 Mar 2008
Flat 12, Hubble House, 6 Velocity Way, Enfield, EN3 7GF
rooms: 4
size: 635 sq ft
sale price: £238,000
sale date: 23 Apr 2021
Flat 11, Franklin House, 3 Velocity Way, Enfield, EN3 7FG
rooms: 4
size: 678 sq ft
sale price: £207,450
sale date: 29 Feb 2008

Data Sources

The property at Flat 9, Faraday House, 1 Velocity Way, Enfield, EN3 7FE appears two times in the Land Registry records, with the latest transaction recorded on 24 Aug 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Mar 2024. 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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