34 Lorenzo House Medici Close

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

    This flat/maisonette leasehold property on Medici Close last sold in July 2015 for £240,000. Based on price growth in the IG3 district since then, its estimated current value is £406,140 — placing it in the 68th percentile nationally and the 27th percentile within IG3. The property covers 59 m² (635 sq ft), giving an estimated value of £6,884 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £240,000

    Jul 2015

    Estimated Valuation

    £406,140

    Est. £/sq ft

    £640/sq ft

    £6,884/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateAug 2014
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jul 2015

    £240,000

    7 May 2009

    New build

    £161,000

    Key Metrics

    Estimated valuation£406,140
    Value per sq ft / m²£640/sq ft (£6,884/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG3 district percentile27th percentile
    National percentile68th 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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