4, Banks Way
4, Banks Way
Description & Estimates
4, Banks Way is described in the public record as a modern house with 764 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Banks Way is £388,437 and its rental estimate is £2,437 per month, given the available information and assuming reasonable condition.
Banks Way, London, E12 falls within the E12 postal district, in the borough of Newham.
Our Data Sources
4, Banks Way has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 4, Banks Way, we estimate a market value of £407,858 and a rental value of £2,559 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £361,246 and £2,267 per month respectively.
Recent Market Change
Over the last year, 4, Banks Way has seen its estimated sale value decline by £2,650 (0.7%) and its estimated rental value climb by £86 per month (3.5%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
4, Banks Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jul 2022.
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
Over the past 2 years 3 properties similar to 4, Banks Way have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st August 2025, was 80, Grantham Road, London, E12 5NE, a freehold house which sold for £400,000.
Read more about house prices in E12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 12 addresses on Banks Way, London, E12, 4, Banks Way comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £47k less expensive than the average property across the E12 district.
More reading links
Schools Nearby
- 300mDersingham Primary School
- 500mSheringham Primary School
- 600mSt Winefride's RC Primary School
- 800mLittle Ilford School
- 1.2kmThe Ursuline Academy Ilford
- 1.8kmPlashet, City of London Academy
More reading links
Public Transport Nearby
From 4, Banks Way, the nearest station is Ilford, 800 metres away.
- 800mIlford
- 1.3kmManor Park
- 1.5kmWoodgrange Park
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
