According to the public record, Flat 5, Wellington House 3, Enfield is a modern leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Wellington House, Wellington Road, Enfield, EN1.
Wellington Road, Enfield, EN1 is located in the borough of Enfield within the EN1 postal district.
Flat 5, Wellington House 3, Enfield has a single entry in the Land Registry database from July 2019 and a single entry in the EPC database dated December 2018.
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 Flat 5 Wellington House 3 Enfield as £552,688 and the rental value as £2,413 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 5 Wellington House 3 Enfield has increased by £7,306 (1.3%) and its rental value has increased by £162 per month (6.7%).
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 Flat 5, Wellington House 3, Enfield is in very good condition we estimate a sale value of £580,323 and rental value of £2,533 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £514,000 and a rental value of £2,244 per month.
If you were able to purchase this property for the estimated value of £552,688, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,716 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, Flat 5, Wellington House 3, Enfield was last sold on 15 Jul 2019 for £595,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2019, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Wellington House 3, Enfield within a radius of 410 metres over the last 2 years.
The most recent example is Flat 3, Wellington House 3, Wellington Road, Enfield, EN1 2PB, a Leasehold flat which sold for £497,500 in Jan 2020.
Read more about house prices in EN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellington Road, Enfield, EN1 has a total of 331 addresses. According to our analysis of all the public data, Flat 5, Wellington House 3, Enfield is the 214th largest and the 187th most expensive property on the street.
When compared to the postcode district it is £107k more expensive than the average property in EN1.
Flat 5, Wellington House 3, Enfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Dec 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 5, Wellington House 3, Enfield is Enfield Town station which is 600 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 Flat 5, Wellington House 3, Enfield, 56.8% of property is privately owned outright and 19.4% is privately 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 Flat 5, Wellington House 3, Enfield, 9.8% of residents are recorded as possessing school level qualifications and 41.1% 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 Flat 5, Wellington House 3, 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 Flat 5, Wellington House 3, Enfield, 0.4% 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 Flat 5, Wellington House 3, Enfield, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.