56 Banks Crescent, Stamford, PE9 1FJ is a freehold flat built in 2007 onwards. The property offers approximately 549 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £173,822 , which equates to approximately £317 per square foot. It was last sold on 24 Jan 2018 for £150,500. Since then, the value has increased by £23,322, representing a 15.5% increase, or approximately 2.0% per year.

The current estimated value of £173,822 is:

  • 48.8% lower than the average property price on Banks Crescent
  • 46.6% lower than the average in the PE9 1FJ postcode area
  • and 51.7% lower than the average price for Stamford as a whole

At the most recent EPC inspection on 31 January 2017, the property was recorded as owner-occupied.

View sold house prices in PE9 1FJ

Building approximate location

About Property

Type
Detached House
Built
2007 onwards
Interior Size
549 sq ft
Tenure
Freehold
Price (estimate)
£173,822
Price Per sq ft (estimate)
£317
Bedroom Count (estimate)
1 bedroom

EPC Summary

56 Banks Crescent, Stamford, South Kesteven, Lincolnshire, PE9 1FJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 31 Jan 2017.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Jul 2011. The rating of C is unchanged, though the energy efficiency score decreased by 4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.14 w/m?k to pitched, 400+ mm loft insulation, with no change in energy efficiency (very good).
  • The wall construction or insulation changed from average thermal transmittance 0.28 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 63% of fixed outlets to low energy lighting in 29% of fixed outlets, with efficiency changing from good to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 400+ mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 29% of fixed outlets
Average

Compared to PE9 1FJ

38 th / 39
Price Rank
47% lower than average
37 th / 39
Size Rank
39% smaller than average
28 th / 39
Price Per Sq FT Rank
13% lower than average

Compared to other properties in PE9 1FJ , this house's estimated value ranks 38th out of 39. Based on price per square foot, it ranks 28th out of 39 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 37th out of 39 properties in its postcode area.

Sale History

Today
£173,822
streetscan.co.uk estimate
+15 %
24 Jan 2018
£150,500
Leasehold
-1.3 %
16 Jun 2017
£152,500
Leasehold
+32.6 %
30 Sep 2011
£114,995
Leasehold

Area Insights

Nearby Properties

54 Banks Crescent, Stamford, PE9 1FJ
rooms:
size: 810 sq ft
sale price: £257,000
sale date: 26 Feb 2021
58 Banks Crescent, Stamford, PE9 1FJ
rooms: 5
size: 797 sq ft
sale price: £209,000
sale date: 8 Oct 2015
58A Banks Crescent, Stamford, PE9 1FJ
rooms: 2
size: 388 sq ft
sale price: £100,000
sale date: 28 Oct 2011
60 Banks Crescent, Stamford, PE9 1FJ
rooms: 5
size: 786 sq ft
sale price: £199,950
sale date: 31 Jul 2014
52 Banks Crescent, Stamford, PE9 1FJ
rooms:
size: 810 sq ft
sale price: £230,000
sale date: 17 Jul 2019

Data Sources

The property at 56 Banks Crescent, Stamford, PE9 1FJ appears three times in the Land Registry records, with the latest transaction recorded on 24 Jan 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Jan 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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