2 Banks Lane

    2, BANKS LANE, STANSTED, CM24 8FT

    This detached freehold property on Banks Lane last sold in March 2022 for £725,000. Based on price growth in the CM24 district since then, its estimated current value is £680,249 — placing it in the 89th percentile nationally and the 78th percentile within CM24. The property covers 187 m² (2,013 sq ft), giving an estimated value of £3,638 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,013 sq ft

    187 m²

    Last Sale Price

    £725,000

    Mar 2022

    Estimated Valuation

    £680,249

    Est. £/sq ft

    £338/sq ft

    £3,638/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,013 sq ft (187 m²)
    EPC dateFeb 2026
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2022

    £725,000

    15 Feb 2012

    New build

    £499,950

    Key Metrics

    Estimated valuation£680,249
    Value per sq ft / m²£338/sq ft (£3,638/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM24 district percentile78th percentile
    National percentile89th 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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