Banks Lane - CM24 8FT
Key Street Insights
Banks Lane is a residential street with 10 addresses.
It ranks as the 62nd largest and 120th most expensive of the 165 streets in the CM24 area. The most common property type is a modern house built after 1980.
The street contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £538,341
- 10 Year change
- up 12.6%
- Ave. Rental Price
- £2,357pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Street Insights
Banks Lane is a residential street with 10 addresses.
It ranks as the 62nd largest and 120th most expensive of the 165 streets in the CM24 area. The most common property type is a modern house built after 1980.
The street contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £538,341
- 10 Year change
- up 12.6%
- Ave. Rental Price
- £2,357pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Properties on Banks Lane, Stansted, CM24
- 1 Banks Lane
5 Bed Modern House
- 2 Banks Lane
5 Bed Modern House
- 3 Banks Lane
3 Bed Modern House
- 4 Banks Lane
3 Bed Modern House
- 5 Banks Lane
3 Bed Modern House
Sales Market Trends
The last sale on Banks Lane sold for £395,000 on 10th April 2026. Since then prices are down an average of 0.5%.
The current average value in the street is £538,341.
The Banks Lane Sales Market has increased by 12.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £538,341 |
| June 2025 | 0.8% | £553,640 |
| June 2024 | -1.2% | £549,089 |
| June 2023 | -3.3% | £556,022 |
| June 2022 | 8.4% | £574,783 |
| June 2021 | 5.4% | £530,377 |
| June 2020 | 5% | £503,223 |
| June 2019 | -3.9% | £479,307 |
| June 2018 | 0% | £498,683 |
| June 2017 | 4.4% | £498,860 |
| June 2016 | 9.5% | £478,000 |
| June 2015 | 12.1% | £436,420 |
| June 2014 | 11% | £389,440 |
| June 2013 | -1.4% | £350,902 |
| June 2012 | 6.7% | £355,866 |
| June 2011 | -0.1% | £333,610 |
| June 2010 | 12.9% | £333,822 |
| June 2009 | -9.7% | £295,605 |
| June 2008 | -2% | £327,441 |
| June 2007 | 0% | £333,987 |
Rental Market Trends
The current average rental value in the street is £2,357.
The Banks Lane Rental Market has increased by 50.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £2,357pcm |
| June 2025 | 8.3% | £2,286pcm |
| June 2024 | 4.5% | £2,110pcm |
| June 2023 | 7.8% | £2,019pcm |
| June 2022 | 7.7% | £1,873pcm |
| June 2021 | 7.4% | £1,739pcm |
| June 2020 | 0.7% | £1,619pcm |
| June 2019 | 0.1% | £1,607pcm |
| June 2018 | 0.4% | £1,606pcm |
| June 2017 | 2% | £1,599pcm |
| June 2016 | 2.6% | £1,568pcm |
| June 2015 | 7.9% | £1,527pcm |
| June 2014 | 5.7% | £1,415pcm |
| June 2013 | 0.2% | £1,339pcm |
| June 2012 | 3.2% | £1,336pcm |
| June 2011 | 6.1% | £1,295pcm |
| June 2010 | 6.3% | £1,220pcm |
| June 2009 | -5.4% | £1,148pcm |
| June 2008 | 4.4% | £1,214pcm |
| June 2007 | 0% | £1,163pcm |
Sales History
The last recorded sale was on 10th April 2026 for £395,000 and since then the market in the area has decreased by 0.5%.
Banks Lane, Stansted, CM24 has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Apr 2026£395,000 | 3 Bed House5, Banks Lane, Stansted, CM24 8FT5, Banks Lane, Stansted, CM24 8FT
- Sold May 2025£700,000 | 5 Bed House1, Banks Lane, Stansted, CM24 8FT1, Banks Lane, Stansted, CM24 8FT
- Sold Mar 2025£425,000 | 3 Bed House4, Banks Lane, Stansted, CM24 8FT4, Banks Lane, Stansted, CM24 8FT
Top 3 Most Expensive Sales
- Sold Jul 2022£800,000 | 5 Bed House1, Banks Lane, Stansted, CM24 8FT1, Banks Lane, Stansted, CM24 8FT
- Sold Mar 2022£725,000 | 5 Bed House2, Banks Lane, Stansted, CM24 8FT2, Banks Lane, Stansted, CM24 8FT
- Sold May 2025£700,000 | 5 Bed House1, Banks Lane, Stansted, CM24 8FT1, Banks Lane, Stansted, CM24 8FT
Nearby Streets
Banks Lane, Stansted, CM24 is the 62nd largest and the 120th most expensive street in the CM24 area.
- Reeve Road, Stansted, CM2435 Addresses|66 m away
- Livings Way, Stansted, CM2436 Addresses|85 m away
- Childs Lane, Stansted, CM2421 Addresses|119 m away
- Patmore Road, Stansted, CM2417 Addresses|119 m away
- Newell Road, Stansted, CM2436 Addresses|119 m away
- Reed Lane, Stansted, CM242 Addresses|120 m away
Property Types
- 10 modern houses built after 1980
- modern house (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (4)
- F (0)
- C (6)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- St Mary's CofE Foundation Primary School200 m away
- Magna Carta Primary Academy1.0 km away
- Birchanger Church of England Voluntary Controlled Primary School1.1 km away
- Forest Hall School800 m away
- Birchwood High School2.4 km away
- Hockerill Anglo-European College3.1 km away
More reading links
Public Transport Nearby
The closest station to Banks Lane, Stansted, CM24 - CM24 8FT is Stansted Mountfitchet station, which is 800 metres away.
- Stansted Mountfitchet|800 m away
- Elsenham (Essex)|3.6 km away
- Bishops Stortford|3.7 km away