45 Lorenzo House Medici Close

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

    This flat/maisonette leasehold property on Medici Close last sold in May 2018 for £227,500. Based on price growth in the IG3 district since then, its estimated current value is £319,325 — placing it in the 53rd percentile nationally and the 14th percentile within IG3. The property covers 43 m² (463 sq ft), giving an estimated value of £7,426 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    463 sq ft

    43 m²

    Last Sale Price

    £227,500

    May 2018

    Estimated Valuation

    £319,325

    Est. £/sq ft

    £690/sq ft

    £7,426/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area463 sq ft (43 m²)
    EPC dateDec 2018
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 May 2018

    £227,500

    7 Aug 2009

    New build

    £145,000

    Key Metrics

    Estimated valuation£319,325
    Value per sq ft / m²£690/sq ft (£7,426/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG3 district percentile14th percentile
    National percentile53rd 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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