According to the public record, Flat 6, Einstein House 5, Enfield is a modern leasehold apartment with 498 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Einstein House, Velocity Way, Enfield, EN3.
Velocity Way, Enfield, EN3 is located in the borough of Enfield within the EN3 postal district.
Flat 6, Einstein House 5, Enfield has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated December 2011.
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 6 Einstein House 5 Enfield as £111,141 and the rental value as £730 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of Flat 6 Einstein House 5 Enfield has increased by £2,549 (2.3%) and its rental value has increased by £53 per month (7.2%).
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 6, Einstein House 5, Enfield is in very good condition we estimate a sale value of £116,698 and rental value of £766 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,361 and a rental value of £678 per month.
If you were able to purchase this property for the estimated value of £111,141, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £546 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 6, Einstein House 5, Enfield was last sold on 16 Jun 2022 for £112,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 6, Einstein House 5, Enfield within a radius of 510 metres over the last 2 years.
The most recent example is Flat 13, Sherrington House 8, Velocity Way, Enfield, EN3 7GH, a Leasehold flat which sold for £110,000 in Sep 2019.
Read more about house prices in EN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Velocity Way, Enfield, EN3 has a total of 185 addresses. According to our analysis of all the public data, Flat 6, Einstein House 5, Enfield is the 103rd largest and the 177th most expensive property on the street.
When compared to the postcode district it is £247k less expensive than the average property in EN3.
Flat 6, Einstein House 5, Enfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Dec 2011.
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 6, Einstein House 5, Enfield is Enfield Lock station which is 400 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 6, Einstein House 5, Enfield, 45.9% of property is privately owned with a mortgage and 18.0% 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 Flat 6, Einstein House 5, Enfield, 19.0% of residents are recorded as possessing school level qualifications and 41.8% 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 Flat 6, Einstein House 5, Enfield, the average age was 33.2 and the most common age was 12.
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 6, Einstein House 5, Enfield, 1.8% 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 6, Einstein House 5, 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.