According to the public record, 5, Tiptree Drive, Enfield is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Tiptree Drive, Enfield, EN2 is located in the borough of Enfield within the EN2 postal district.
5, Tiptree Drive, Enfield has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated February 2024.
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 5 Tiptree Drive Enfield as £271,930 and the rental value as £1,723 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 5 Tiptree Drive Enfield has increased by £2,021 (0.7%) and its rental value has increased by £101 per month (5.9%).
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 5, Tiptree Drive, Enfield is in very good condition we estimate a sale value of £285,526 and rental value of £1,809 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,895 and a rental value of £1,603 per month.
If you were able to purchase this property for the estimated value of £271,930, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,336 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, 5, Tiptree Drive, Enfield was last sold on 22 Aug 2022 for £270,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Tiptree Drive, Enfield within a radius of 470 metres over the last 2 years.
The most recent example is 13 Blakeney Court, London Road, Enfield, EN2 6HL, a Leasehold flat which sold for £261,112 in Feb 2022.
Read more about house prices in EN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tiptree Drive, Enfield, EN2 has a total of 23 addresses. According to our analysis of all the public data, 5, Tiptree Drive, Enfield is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £254k less expensive than the average property in EN2.
5, Tiptree Drive, Enfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Feb 2024.
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 5, Tiptree Drive, Enfield is Enfield Town station which is 500 metres 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 5, Tiptree Drive, Enfield, 50.8% of property is privately rented and 23.4% is privately owned outright.
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 5, Tiptree Drive, Enfield, 18.3% of residents are recorded as possessing school level qualifications and 43.8% 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 5, Tiptree Drive, Enfield, the average age was 38.3 and the most common age was 32.
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 5, Tiptree Drive, Enfield, 2.9% 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 5, Tiptree 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.