7 Banks Lane

    7, BANKS LANE, STANSTED, CM24 8FT

    This semi-detached freehold property on Banks Lane last sold in June 2022 for £535,000. Based on price growth in the CM24 district since then, its estimated current value is £504,019 — placing it in the 79th percentile nationally and the 55th percentile within CM24. The property covers 141 m² (1,518 sq ft), giving an estimated value of £3,575 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,518 sq ft

    141 m²

    Last Sale Price

    £535,000

    Jun 2022

    Estimated Valuation

    £504,019

    Est. £/sq ft

    £332/sq ft

    £3,575/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,518 sq ft (141 m²)
    EPC dateMar 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jun 2022

    £535,000

    16 Jun 2017

    £467,500

    3 Feb 2012

    New build

    £309,950

    Key Metrics

    Estimated valuation£504,019
    Value per sq ft / m²£332/sq ft (£3,575/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CM24 district percentile55th percentile
    National percentile79th 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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