6 Banks Lane

    6, BANKS LANE, STANSTED, CM24 8FT

    This semi-detached freehold property on Banks Lane last sold in August 2022 for £445,000. Based on price growth in the CM24 district since then, its estimated current value is £419,231 — placing it in the 70th percentile nationally and the 40th percentile within CM24. The property covers 88 m² (947 sq ft), giving an estimated value of £4,764 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £445,000

    Aug 2022

    Estimated Valuation

    £419,231

    Est. £/sq ft

    £443/sq ft

    £4,764/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateNov 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2022

    £445,000

    14 Dec 2016

    £370,000

    16 Jan 2012

    New build

    £250,000

    Key Metrics

    Estimated valuation£419,231
    Value per sq ft / m²£443/sq ft (£4,764/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM24 district percentile40th percentile
    National percentile70th 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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