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Lorenzo House Medici Close

Name: Lorenzo House, Medici Close, Ilford, IG3
Address: Medici Close, Ilford, IG3, IG3 8FF

House Prices / London, Redbridge, Medici Close

Last update: Sep 2024

Lorenzo House Medici Close

House Prices / London, Redbridge, Medici Close

Last update: Sep 2024

Building Overview

of Lorenzo House Medici Close

Lorenzo House, Medici Close, Ilford, IG3 is a residential building located on Medici Close, Ilford, IG3. It is the 937th largest building in the IG3 area.

It contains 50 flats and 2 unknown and the most common type of property is a modern flat built after 1980.

1 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed flat

2 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed flat

3 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

4 Lorenzo House, Medici Close, Ilford, IG3 8FF

3 bed modern flat

5 Lorenzo House, Medici Close, Ilford, IG3 8FF

3 bed modern flat

6 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed flat

7 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

8 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

9 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed flat

10 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

11 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

12 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed flat

13 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

14 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed flat

15 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed flat

16 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

17 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed flat

18 Lorenzo House, Medici Close, Ilford, IG3 8FF

19 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

20 Lorenzo House, Medici Close, Ilford, IG3 8FF

1 bed modern flat

21 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

22 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

23 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

24 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

25 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed flat

26 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

27 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

28 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

29 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

30 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

31 Lorenzo House, Medici Close, Ilford, IG3 8FF

1 bed modern flat

32 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

33 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed flat

34 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

35 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

36 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

37 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

38 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed flat

39 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed flat

40 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

41 Lorenzo House, Medici Close, Ilford, IG3 8FF

42 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

43 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed flat

44 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

45 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

46 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed flat

47 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed flat

48 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

49 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

50 Lorenzo House, Medici Close, Ilford, IG3 8FF

3 bed modern flat

51 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

52 Lorenzo House, Medici Close, Ilford, IG3 8FF

2 bed modern flat

Average property prices

in Lorenzo House, Medici Close, Ilford, IG3

The average house value is £273,740. Sales values have decreased in the last 12 months by 1.2% and Rental values have increased by 2.9%.

Property sale values range from £155,259 for a leasehold flat, with 1 bedrooms split across 237 square feet of gross internal area and has a balcony to £348,311 for a leasehold flat, with 2 bedrooms split across 677 square feet of gross internal area and has no outside space.

Average £/ft² for properties in Lorenzo House, Medici Close, Ilford, IG3 is £431/ft².

Properties achieve a rental yield of between 5.3% and 7.1%, and rental values range from £841 to £1,650 per month.

Sale value change

12 months

1.2%

Rental value change

12 months

2.9%

Recent sales

within Lorenzo House, Medici Close, Ilford, IG3

The last sale was 10 Jul 2023 for £270,000 and since then the market in the area has decreased by -5.6%. The building has had a total of 4 sales since 1995.

Lorenzo House, Medici Close, Ilford, IG3 has seen 4 sales in the last three years and no sales in the last twelve months.

13 Tuscany House, Medici Close, Ilford, IG3 8FE

£270,000

Jul-2023

Sold

Jul-2023

40 Lorenzo House, Medici Close, Ilford, IG3 8FF

£212,000

Sep-2022

Sold

Sep-2022

13 Lorenzo House, Medici Close, Ilford, IG3 8FF

£265,000

Sep-2022

Sold

Sep-2022

42 Lorenzo House, Medici Close, Ilford, IG3 8FF

£280,000

Dec-2021

Sold

Dec-2021

Property types

in Lorenzo House, Medici Close, Ilford, IG3

Lorenzo House, Medici Close, Ilford, IG3 is a residential building located on Medici Close, Ilford, IG3 with 50 flats and 2 unknown.

The most common property type in Lorenzo House, Medici Close, Ilford, IG3 is a modern flat built after 1980.

flat (15)

modern flat (35)

Unknown (2)

Energy Efficiency

of properties within Lorenzo House, Medici Close, Ilford, IG3

The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.

A (0)

E (0)

B (27)

F (0)

C (56)

G (0)

D (0)

No EPC (47)

Schools nearby

to Lorenzo House, Medici Close, Ilford, IG3

The nearest primary school to Lorenzo House, Medici Close, Ilford, IG3 is Farnham Green Primary School which is 400 metres away and is rated Good by Ofsted.

400 m

Farnham Green Primary School

Good

500 m

Barley Lane Primary School

Good

700 m

Grove Primary School

Outstanding

The nearest secondary school is Chadwell Heath Academy which is 500 metres away and is rated RequiresImprovement by Ofsted.

500 m

Chadwell Heath Academy

Requires improvement

1.3 km

Mayfield School

Good

1.5 km

Oaks Park High School

Good

Source: Ofsted (2016)

Public transport nearby

to Lorenzo House, Medici Close, Ilford, IG3

The closest station to Lorenzo House, Medici Close, Ilford, IG3 is Goodmayes station which is 900 metres away.

900 m

Goodmayes

1.4 km

Chadwell Heath

1.5 km

Seven Kings

Source: TFL & National Rail

Risk of flooding

for Lorenzo House, Medici Close, Ilford, IG3

According to data from the Environment Agency, the flood risk in this area is considered to be very low.

Very low

High

Source: Environment Agency (2024)

Home ownership nearby

around Lorenzo House, Medici Close, Ilford, IG3

The recent census recorded whether a resident owned or rented their home.

In the area around Lorenzo House, Medici Close, Ilford, IG3, 44.0% of property is privately rented and 28.5% is socially rented.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around Lorenzo House, Medici Close, Ilford, IG3

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around Lorenzo House, Medici Close, Ilford, IG3, 30.1% of residents are recorded as possessing school level qualifications and 48.0% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around Lorenzo House, Medici Close, Ilford, IG3

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around Lorenzo House, Medici Close, Ilford, IG3, the average age was 34.6 and the most common age was 42.

This area:

Greater London:

England & Wales:

Age distribution

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around Lorenzo House, Medici Close, Ilford, IG3

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around Lorenzo House, Medici Close, Ilford, IG3, 0.0% of property was a second home.

Comparison figures for Greater London and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around Lorenzo House, Medici Close, Ilford, IG3

The recent census recorded the number of cars registered in each household.

In the area around Lorenzo House, Medici Close, Ilford, IG3, there are an average of 0.7 cars per household.

See below for how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

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Risk of flooding

for Lorenzo House, Medici Close, Ilford, IG3

According to data from the Environment Agency, the flood risk in this area is considered to be very low.

Very low

High

Source: Environment Agency (2024)

Home ownership nearby

around Lorenzo House, Medici Close, Ilford, IG3

The recent census recorded whether a resident owned or rented their home.

In the area around Lorenzo House, Medici Close, Ilford, IG3, 44.0% of property is privately rented and 28.5% is socially rented.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around Lorenzo House, Medici Close, Ilford, IG3

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around Lorenzo House, Medici Close, Ilford, IG3, 30.1% of residents are recorded as possessing school level qualifications and 48.0% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around Lorenzo House, Medici Close, Ilford, IG3

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around Lorenzo House, Medici Close, Ilford, IG3, the average age was 34.6 and the most common age was 42.

This area:

Greater London:

England & Wales:

Age distribution

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around Lorenzo House, Medici Close, Ilford, IG3

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around Lorenzo House, Medici Close, Ilford, IG3, 0.0% of property was a second home.

Comparison figures for Greater London and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around Lorenzo House, Medici Close, Ilford, IG3

The recent census recorded the number of cars registered in each household.

In the area around Lorenzo House, Medici Close, Ilford, IG3, there are an average of 0.7 cars per household.

See below for how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)