11, Banks Lane
11, Banks Lane
Description & Estimates
Updated August 2025 byLet Correct
As updated by Let Correct in August 2025, 11, Banks Lane, Stansted is a modern freehold house with 1,980 ft2 of internal area and sits on a 329 m2 plot comprising 5 bedrooms with a garden.
Our estimate of the sale value of 11, Banks Lane, Stansted is £688,853 and its rental estimate is £3,154 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
11, Banks Lane, Stansted has been updated by Let Correct. This data along with public information allows us to provide estimates for both this and neighbouring properties.
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 11, Banks Lane, Stansted, we estimate a market value of £723,295 and a rental value of £3,312 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £640,633 and £2,933 per month respectively.
Recent Market Change
Over the last year, 11, Banks Lane, Stansted has seen its estimated sale value fall by £22,177 (3.2%) and its estimated rental value move up by £70 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 11, Banks Lane, Stansted as measuring 329 m2.
That makes it the 4th largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
11, Banks Lane, Stansted has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Dec 2011.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 11, Banks Lane, Stansted completed on 14th September 2012 at £450,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 72.3% over the period since September 2012.
- Sold Sep 2012£450,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 11, Banks Lane, Stansted have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd May 2025, was 1, Banks Lane, Stansted, CM24 8FT, a freehold house which sold for £700,000.
Read more about house prices in CM24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 10 addresses on Banks Lane, Stansted, CM24, 11, Banks Lane, Stansted comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £239k 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 11, 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.
