21 Lorenzo House Medici Close

    21 LORENZO HOUSE, MEDICI CLOSE, ILFORD, IG3 8FF

    This flat/maisonette leasehold property on Medici Close last sold in June 2015 for £231,000. Based on price growth in the IG3 district since then, its estimated current value is £390,909 — placing it in the 66th percentile nationally and the 25th percentile within IG3. The property covers 59 m² (635 sq ft), giving an estimated value of £6,626 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £231,000

    Jun 2015

    Estimated Valuation

    £390,909

    Est. £/sq ft

    £616/sq ft

    £6,626/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateNov 2023
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2015

    £231,000

    15 May 2009

    New build

    £165,000

    Key Metrics

    Estimated valuation£390,909
    Value per sq ft / m²£616/sq ft (£6,626/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG3 district percentile25th percentile
    National percentile66th percentile

    District Context — IG3

    IG3 covers parts of Ilford and surrounding areas in east London, positioned within Greater London's outer reaches. It is a densely populated, diverse residential district with a strong rental market and family-oriented character.

    Average Property Price - IG3

    £499,618

    80

    National percentile

    Average Net Household Income - IG3

    £40,267

    59

    National percentile

    10-Year Annualised Price Growth - IG3

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - IG

    4.2%

    71

    National percentile

    View full analysis for IG3

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