According to the public record, Flat 8, High Acres 1, Enfield is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in High Acres, Old Park Road, Enfield, EN2.
Old Park Road, Enfield, EN2 is located in the borough of Enfield within the EN2 postal district.
Flat 8, High Acres 1, Enfield has 21 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated November 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 8 High Acres 1 Enfield as £365,671 and the rental value as £1,853 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 8 High Acres 1 Enfield has increased by £4,244 (1.2%) and its rental value has increased by £97 per month (5.2%).
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 8, High Acres 1, Enfield is in very good condition we estimate a sale value of £383,954 and rental value of £1,946 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £340,074 and a rental value of £1,723 per month.
If you were able to purchase this property for the estimated value of £365,671, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,797 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 8, High Acres 1, Enfield was last sold on 26 Sep 2022 for £340,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, High Acres 1, Enfield within a radius of 490 metres over the last 2 years.
The most recent example is Flat 20, Salmons Brook House 84, Windmill Hill, Enfield, EN2 7AZ, a Leasehold flat which sold for £380,000 in Dec 2022.
Read more about house prices in EN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Park Road, Enfield, EN2 has a total of 72 addresses. According to our analysis of all the public data, Flat 8, High Acres 1, Enfield is the 64th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in EN2.
Flat 8, High Acres 1, Enfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 8, High Acres 1, Enfield is Enfield Chase 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 Flat 8, High Acres 1, Enfield, 34.3% of property is privately owned outright and 32.5% 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 8, High Acres 1, Enfield, 15.4% of residents are recorded as possessing school level qualifications and 50.9% 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 8, High Acres 1, Enfield, the average age was 42.4 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 Flat 8, High Acres 1, 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 8, High Acres 1, 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.