1, Banks Lane
1, Banks Lane
Description & Estimates
1, Banks Lane, Stansted is recorded publicly as a modern freehold house across 2,098 ft2 of internal area, sitting on a 353 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 1, Banks Lane, Stansted is £711,325 and its rental estimate is £3,258 per month, given the available information and assuming reasonable condition.
Banks Lane, Stansted, CM24 falls within the CM24 postal district, in the borough of Uttlesford.
Our Data Sources
1, Banks Lane, Stansted has 3 entries in the Land Registry , most recently in May 2025 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Banks Lane, Stansted, we estimate a market value of £746,891 and a rental value of £3,421 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £661,532 and £3,030 per month respectively.
Recent Market Change
Over the last year, 1, Banks Lane, Stansted has seen its estimated sale value grow by £86,145 (12.1%) and its estimated rental value climb by £72 per month (2.2%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 1, Banks Lane, Stansted as measuring 353 m2.
That makes it the 3rd largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
1, Banks Lane, Stansted has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Banks Lane, Stansted completed on 23rd May 2025 at £700,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 12.1% over the period since May 2025.
- Sold May 2025£700,000
- Sold Jul 2022£800,000
- Sold Mar 2012£480,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Banks Lane, Stansted have sold within a radius of 950 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th February 2024, was 42, Bayford Way, Stansted, CM24 8TQ, a freehold house which sold for £716,000.
Read more about house prices in CM24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 10 addresses on Banks Lane, Stansted, CM24, 1, Banks Lane, Stansted comes out as the largest and the most expensive in our analysis of the public data.
It is also £262k more expensive than the average property across the CM24 district.
More reading links
Schools Nearby
- 200mSt Mary's CofE Foundation Primary School
- 1.0kmMagna Carta Primary Academy
- 1.1kmBirchanger Church of England Voluntary Controlled Primary School
- 800mForest Hall School
- 2.4kmBirchwood High School
- 3.1kmHockerill Anglo-European College
More reading links
Public Transport Nearby
From 1, Banks Lane, Stansted, the nearest station is Stansted Mountfitchet, 800 metres away.
- 800mStansted Mountfitchet
- 3.6kmElsenham (Essex)
- 3.7kmBishops Stortford
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
