4, Lorenzo House Medici Close, Ilford, IG3 8FF is a leasehold flat built between 2003-2006. The property offers approximately 797 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £298,425 , which equates to approximately £375 per square foot. It was last sold on 21 Sep 2018 for £280,000. Since then, the value has increased by £18,425, representing a 6.6% increase, or approximately 0.9% per year.

The current estimated value of £298,425 is:

  • 6.1% higher than the average property price on Medici Close
  • 3.6% higher than the average in the IG3 8FF postcode area
  • and 41.0% lower than the average price for Ilford as a whole

View sold house prices in IG3 8FF

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
797 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£298,425
Price Per sq ft (estimate)
£375
Bedroom Count (estimate)
2 bedrooms

EPC Summary

4, Lorenzo House Medici Close, Ilford, Redbridge, Greater London Authority, IG3 8FF has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 19 Aug 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG3 8FF

16 th / 51
Price Rank
4% higher than average
1 st / 36
Size Rank
38% bigger than average
36 th / 36
Price Per Sq FT Rank
25% lower than average

Compared to other properties in IG3 8FF , this flat's estimated value ranks 16th out of 51. Based on price per square foot, it ranks 36th out of 36 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 36 properties in its postcode area.

Sale History

Today
£298,425
streetscan.co.uk estimate
+7 %
21 Sep 2018
£280,000
Leasehold
+69.7 %
31 Mar 2009
£165,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 710 sq ft
sale price: £255,000
sale date: 10 Feb 2020
rooms: 3
size: 700 sq ft
sale price: £290,000
sale date: 10 May 2019
rooms: 3
size: 721 sq ft
sale price: £288,000
sale date: 18 Dec 2018
rooms: 3
size: 700 sq ft
sale price: £295,000
sale date: 21 May 2018
rooms: 3
size: 678 sq ft
sale price: £279,000
sale date: 13 Nov 2017

Data Sources

The property at 4, Lorenzo House Medici Close, Ilford, IG3 8FF appears two times in the Land Registry records, with the latest transaction recorded on 21 Sep 2018. It also has a single Energy Performance Certificate (EPC) from 19 Aug 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.