According to the public record, 8, Sterling Road, Enfield is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 949 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Sterling Road, Enfield, EN2 is located in the borough of Enfield within the EN2 postal district.
8, Sterling Road, Enfield has 21 entries in the Land Registry database, most recently in August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Sterling Road Enfield as £538,863 and the rental value as £2,614 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8 Sterling Road Enfield has increased by £15,201 (2.8%) and its rental value has increased by £185 per month (7.1%).
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 8, Sterling Road, Enfield is in very good condition we estimate a sale value of £565,806 and rental value of £2,745 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £501,143 and a rental value of £2,431 per month.
If you were able to purchase this property for the estimated value of £538,863, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,648 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, 8, Sterling Road, Enfield was last sold on 24 Aug 2007 for £273,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2007, the market for similar properties has risen 75.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Sterling Road, Enfield within a radius of 420 metres over the last 2 years.
The most recent example is 6, Birkbeck Road, Enfield, EN2 0DX, a Freehold house which sold for £570,000 in Jan 2023.
Read more about house prices in EN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sterling Road, Enfield, EN2 has a total of 49 addresses. According to our analysis of all the public data, 8, Sterling Road, Enfield is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in EN2.
The closest station to 8, Sterling Road, Enfield is Gordon Hill station which is 800 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 8, Sterling Road, Enfield, 52.1% of property is privately owned with a mortgage and 28.2% 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 8, Sterling Road, Enfield, 13.7% of residents are recorded as possessing school level qualifications and 51.0% 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 8, Sterling Road, Enfield, the average age was 39.5 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 8, Sterling Road, 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 8, Sterling Road, Enfield, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.