23 Lorenzo House Medici Close

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

    This flat/maisonette leasehold property on Medici Close last sold in January 2019 for £285,000. Based on price growth in the IG3 district since then, its estimated current value is £389,942 — placing it in the 66th percentile nationally and the 25th percentile within IG3. The property covers 52 m² (560 sq ft), giving an estimated value of £7,499 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £285,000

    Jan 2019

    Estimated Valuation

    £389,942

    Est. £/sq ft

    £697/sq ft

    £7,499/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateSept 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Jan 2019

    £285,000

    Key Metrics

    Estimated valuation£389,942
    Value per sq ft / m²£697/sq ft (£7,499/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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