36 Lorenzo House Medici Close

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

    This flat/maisonette leasehold property on Medici Close last sold in August 2018 for £231,000. Based on price growth in the IG3 district since then, its estimated current value is £324,238 — placing it in the 54th percentile nationally and the 15th percentile within IG3. The property covers 42 m² (452 sq ft), giving an estimated value of £7,720 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    452 sq ft

    42 m²

    Last Sale Price

    £231,000

    Aug 2018

    Estimated Valuation

    £324,238

    Est. £/sq ft

    £717/sq ft

    £7,720/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area452 sq ft (42 m²)
    EPC dateSept 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Aug 2018

    £231,000

    23 Mar 2012

    £135,000

    30 Oct 2009

    New build

    £135,000

    Key Metrics

    Estimated valuation£324,238
    Value per sq ft / m²£717/sq ft (£7,720/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG3 district percentile15th percentile
    National percentile54th 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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