Lorenzo House, Medici Close - IG3 8FF
Key Building Insights
Lorenzo House, Medici Close is a residential building situated on Medici Close, Ilford, IG3 with 52 addresses.
It ranks as the 912th largest and 645th most expensive of the 917 buildings in the IG3 area. The most common property type is a modern flat built after 1980.
The building contains a total of 52 properties: 51 flats and 1 other property.
- Ave. Sale Price
- £277,771
- 10 Year change
- up 11.4%
- Ave. Rental Price
- £1,686pcm
- 10 Year change
- up 32.2%
- Ave. £ per ft²
- £452/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Building Insights
Lorenzo House, Medici Close is a residential building situated on Medici Close, Ilford, IG3 with 52 addresses.
It ranks as the 912th largest and 645th most expensive of the 917 buildings in the IG3 area. The most common property type is a modern flat built after 1980.
The building contains a total of 52 properties: 51 flats and 1 other property.
- Ave. Sale Price
- £277,771
- 10 Year change
- up 11.4%
- Ave. Rental Price
- £1,686pcm
- 10 Year change
- up 32.2%
- Ave. £ per ft²
- £452/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Properties on Medici Close, Ilford, IG3
- 1 Lorenzo House Medici Close
2 Bed Flat
- 2 Lorenzo House Medici Close
2 Bed Modern Flat
- 3 Lorenzo House Medici Close
2 Bed Modern Flat
- 4 Lorenzo House Medici Close
2 Bed Modern Flat
- 5 Lorenzo House Medici Close
2 Bed Modern Flat
Sales Market Trends
The last sale in Lorenzo House, Medici Close sold for £270,000 on 30th April 2025. Since then prices are down an average of 1.1%.
The current average value in the building is £277,771.
The Lorenzo House, Medici Close Sales Market has increased by 11.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £277,771 |
| June 2025 | 0% | £282,855 |
| June 2024 | 0.2% | £282,856 |
| June 2023 | -1.2% | £282,211 |
| June 2022 | 5.3% | £285,685 |
| June 2021 | 2.5% | £271,186 |
| June 2020 | 3% | £264,614 |
| June 2019 | -3% | £256,876 |
| June 2018 | 1.3% | £264,839 |
| June 2017 | 4.9% | £261,516 |
| June 2016 | 15.4% | £249,279 |
| June 2015 | 13% | £216,018 |
| June 2014 | 12.7% | £191,088 |
| June 2013 | 3.3% | £169,560 |
| June 2012 | 0.6% | £164,120 |
| June 2011 | -0.9% | £163,099 |
| June 2010 | 4.3% | £164,578 |
| June 2009 | -13.7% | £157,807 |
| June 2008 | -0.2% | £182,957 |
| June 2007 | 0% | £183,232 |
Rental Market Trends
The current average rental value in the building is £1,686.
The Lorenzo House, Medici Close Rental Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £1,686pcm |
| June 2025 | 2.4% | £1,666pcm |
| June 2024 | 7.3% | £1,627pcm |
| June 2023 | 14.5% | £1,515pcm |
| June 2022 | 5.3% | £1,323pcm |
| June 2021 | -1.9% | £1,256pcm |
| June 2020 | 1.7% | £1,281pcm |
| June 2019 | 1.1% | £1,259pcm |
| June 2018 | -0.8% | £1,245pcm |
| June 2017 | -1.6% | £1,255pcm |
| June 2016 | 5.8% | £1,276pcm |
| June 2015 | 8.1% | £1,206pcm |
| June 2014 | 6.5% | £1,116pcm |
| June 2013 | 4% | £1,047pcm |
| June 2012 | 5.3% | £1,007pcm |
| June 2011 | 6.2% | £956pcm |
| June 2010 | 1.4% | £901pcm |
| June 2009 | -6.1% | £888pcm |
| June 2008 | 8% | £946pcm |
| June 2007 | 0% | £875pcm |
Sales History
The last recorded sale was on 30th April 2025 for £270,000 and since then the market in the area has decreased by 1.1%.
Lorenzo House, Medici Close, Ilford, IG3 8FF has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Apr 2025£270,000 | 2 Bed Flat2 Lorenzo House, Medici Close, Ilford, IG3 8FF2 Lorenzo House, Medici Close, Ilford, IG3 8FF
- Sold Mar 2025£282,500 | 2 Bed Flat32 Lorenzo House, Medici Close, Ilford, IG3 8FF32 Lorenzo House, Medici Close, Ilford, IG3 8FF
- Sold Oct 2024£264,000 | 2 Bed Flat30 Lorenzo House, Medici Close, Ilford, IG3 8FF30 Lorenzo House, Medici Close, Ilford, IG3 8FF
Property Types
- 45 modern flats built after 1980
- 6 flats of an unknown age
- 1 other address of unknown type
- modern flat (45)
- flat (6)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 45 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (16)
- F (0)
- C (29)
- G (0)
- D (0)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold May 2018£295,000 | 2 Bed Flat52 Lorenzo House, Medici Close, Ilford, IG3 8FF52 Lorenzo House, Medici Close, Ilford, IG3 8FF
- Sold May 2019£290,000 | 2 Bed Flat51 Lorenzo House, Medici Close, Ilford, IG3 8FF51 Lorenzo House, Medici Close, Ilford, IG3 8FF
- Sold Dec 2018£288,000 | 2 Bed Flat49 Lorenzo House, Medici Close, Ilford, IG3 8FF49 Lorenzo House, Medici Close, Ilford, IG3 8FF
Schools Nearby
- Farnham Green Primary School400 m away
- Barley Lane Primary School500 m away
- Grove Primary School700 m away
- Chadwell Heath Academy500 m away
- Mayfield School1.3 km away
- Oaks Park High School1.5 km away
More reading links
Public Transport Nearby
The closest station to Lorenzo House, Medici Close, Ilford, IG3 8FF is Goodmayes station, which is 900 metres away.
- Goodmayes|900 m away
- Chadwell Heath|1.4 km away
- Seven Kings|1.5 km away
