2, Banks Crescent
2, Banks Crescent
Description & Estimates
The public record describes 2, Banks Crescent, Stamford as a modern apartment with 570 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
2, Banks Crescent, Stamford has an estimated sale value of £194,980 and an estimated rental value of £903 per month, assuming reasonable condition and based on the information available.
Banks Crescent, Stamford, PE9 lies in the borough of South Kesteven, within the PE9 postal district.
Our Data Sources
2, Banks Crescent, Stamford has no records in the the Land Registry and a single entry in the EPC database dated March 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Banks Crescent, Stamford would be worth £204,729, with a potential rental value of £948 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £181,331, with a rental value of £840 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Banks Crescent, Stamford has fallen by £5,055 (2.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £18 (2.0%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
2, Banks Crescent, Stamford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 2, Banks Crescent, Stamford across the last 2 years.
Most recently, 12, Banks Crescent, Stamford, PE9 1FJ, a leasehold flat, sold at £174,000 on the 28th March 2018.
Read more about house prices in PE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Banks Crescent, Stamford as the 94th largest and the 94th most expensive of the 96 addresses on Banks Crescent, Stamford, PE9.
Against the PE9 postcode district average, it is £191k less expensive than the typical property.
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Schools Nearby
- 900mMalcolm Sargent Primary School
- 900mThe Bluecoat School
- 1.1kmStamford St Gilberts Church of England Primary School
- 1.0kmStamford Welland Academy
- 2.2kmCasterton College Rutland
- 13.3kmArthur Mellows Village College
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Public Transport Nearby
Stamford (Lincs) station is the nearest stop to 2, Banks Crescent, Stamford at 1.7 kilometres away.
- 1.7kmStamford (Lincs)
- 16.1kmOakham
- 19.1kmPeterborough
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
