According to the public record, 112, Melling Drive, Enfield is a modern leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Melling Drive, Enfield, EN1 is located in the borough of Enfield within the EN1 postal district.
112, Melling Drive, Enfield has 2 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 112 Melling Drive Enfield as £332,158 and the rental value as £1,888 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 112 Melling Drive Enfield has increased by £5,261 (1.6%) and its rental value has increased by £130 per month (6.9%).
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 112, Melling Drive, Enfield is in very good condition we estimate a sale value of £348,766 and rental value of £1,982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £308,907 and a rental value of £1,756 per month.
If you were able to purchase this property for the estimated value of £332,158, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,632 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 112, Melling Drive, Enfield was last sold on 24 Mar 2016 for £254,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has risen 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 112, Melling Drive, Enfield within a radius of 410 metres over the last 2 years.
The most recent example is 59, Orton Grove, Enfield, EN1 4UE, a Leasehold flat which sold for £275,000 in Sep 2022.
Read more about house prices in EN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melling Drive, Enfield, EN1 has a total of 96 addresses. According to our analysis of all the public data, 112, Melling Drive, Enfield is the 22nd largest and the 8th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in EN1.
112, Melling Drive, Enfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Nov 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 112, Melling Drive, Enfield is Turkey Street station which is 1.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 112, Melling Drive, Enfield, 39.3% of property is privately rented and 30.3% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 112, Melling Drive, Enfield, 33.7% of residents are recorded as possessing school level qualifications and 31.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 112, Melling Drive, Enfield, the average age was 36 and the most common age was 42.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 112, Melling Drive, Enfield, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 112, Melling Drive, Enfield, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.