42 Lorenzo House Medici Close

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

    This flat/maisonette leasehold property on Medici Close last sold in December 2021 for £280,000. Based on price growth in the IG3 district since then, its estimated current value is £363,705 — placing it in the 62nd percentile nationally and the 21st percentile within IG3. The property covers 60 m² (646 sq ft), giving an estimated value of £6,062 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £280,000

    Dec 2021

    Estimated Valuation

    £363,705

    Est. £/sq ft

    £563/sq ft

    £6,062/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateJan 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Dec 2021

    £280,000

    28 Nov 2008

    New build

    £175,000

    Key Metrics

    Estimated valuation£363,705
    Value per sq ft / m²£563/sq ft (£6,062/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG3 district percentile21st percentile
    National percentile62nd 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

    More properties in IG3

    Streets in IG3

    Explore nearby