1 Banks Lane

    1, BANKS LANE, STANSTED, CM24 8FT

    This detached freehold property on Banks Lane last sold in May 2025 for £700,000. Based on price growth in the CM24 district since then, its estimated current value is £700,000 — placing it in the 90th percentile nationally and the 81st percentile within CM24. The property covers 195 m² (2,099 sq ft), giving an estimated value of £3,590 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,099 sq ft

    195 m²

    Last Sale Price

    £700,000

    May 2025

    Estimated Valuation

    £700,000

    Est. £/sq ft

    £334/sq ft

    £3,590/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,099 sq ft (195 m²)
    EPC dateNov 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 May 2025

    £700,000

    6 Jul 2022

    £800,000

    30 Mar 2012

    New build

    £480,000

    Key Metrics

    Estimated valuation£700,000
    Value per sq ft / m²£334/sq ft (£3,590/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM24 district percentile81st percentile
    National percentile90th percentile

    District Context — CM24

    CM24 covers the Epping Forest district in Essex, north-east of London. It is a commuter-belt area characterised by suburban residential communities with strong family appeal and established commuting links.

    Average Property Price - CM24

    £506,002

    81

    National percentile

    Average Net Household Income - CM24

    £50,200

    89

    National percentile

    10-Year Annualised Price Growth - CM24

    2.9%

    27

    National percentile

    10-Year Annualised Rent Growth - CM

    4.2%

    67

    National percentile

    View full analysis for CM24

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