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2 Knipe Avenue is a residential building situated on Knipe Avenue, Spalding, PE11 with 3 addresses.
It ranks as the 137th largest and 38th most expensive of the 269 buildings in the PE11 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 3 properties: 3 flats.
2 Knipe Avenue is a residential building situated on Knipe Avenue, Spalding, PE11 with 3 addresses.
It ranks as the 137th largest and 38th most expensive of the 269 buildings in the PE11 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 3 properties: 3 flats.
Sale prices range from £66,040 for 1 bedroom leasehold flats (333 ft2) to £180,146 for 3 bedroom freehold houses with a garden (828 ft2) .
Monthly rental prices range from £376 pcm for 1 bed flats to £995 pcm for 3 bed houses.
The gross rental yield is between 6.6% and 6.8%.
The average value per square foot is £198.
The last sale in 2 Knipe Avenue sold for £100,000 on 3rd June 2016. Since then prices are up an average of 22.5%.
The current average value in the building is £105,552.
The 2 Knipe Avenue Sales Market has increased by 25.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.6% | £105,552 |
| May 2025 | 3% | £108,420 |
| May 2024 | -5.7% | £105,230 |
| May 2023 | -0.1% | £111,549 |
| May 2022 | 14.1% | £111,689 |
| May 2021 | 3.8% | £97,919 |
| May 2020 | 2.4% | £94,372 |
| May 2019 | 3.3% | £92,147 |
| May 2018 | 1.3% | £89,225 |
| May 2017 | 4.4% | £88,064 |
| May 2016 | 7% | £84,367 |
| May 2015 | 5.4% | £78,847 |
| May 2014 | 5.5% | £74,796 |
| May 2013 | 0.7% | £70,884 |
| May 2012 | 1.2% | £70,359 |
| May 2011 | -3.1% | £69,544 |
| May 2010 | 2.7% | £71,738 |
| May 2009 | -14.9% | £69,843 |
| May 2008 | -3.4% | £82,113 |
| May 2007 | 0% | £85,022 |
The current average rental value in the building is £591.
The 2 Knipe Avenue Rental Market has increased by 30.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4% | £591pcm |
| May 2025 | 3.6% | £568pcm |
| May 2024 | 3.9% | £548pcm |
| May 2023 | 5.7% | £528pcm |
| May 2022 | 7.3% | £499pcm |
| May 2021 | 1% | £465pcm |
| May 2020 | 0.7% | £460pcm |
| May 2019 | -0.9% | £457pcm |
| May 2018 | -0.2% | £461pcm |
| May 2017 | 1.8% | £462pcm |
| May 2016 | 2.5% | £454pcm |
| May 2015 | 2.7% | £443pcm |
| May 2014 | 2.4% | £431pcm |
| May 2013 | 1% | £421pcm |
| May 2012 | 0.2% | £416pcm |
| May 2011 | 3.5% | £416pcm |
| May 2010 | 2.1% | £402pcm |
| May 2009 | -5.5% | £394pcm |
| May 2008 | 4.4% | £416pcm |
| May 2007 | 0% | £399pcm |
The last sale was on 3rd June 2016 for £100,000 and since then the market in the area has increased by 22.5%. The building has had a total of 1 sales since 1995.
2, Knipe Avenue, Spalding, PE11 2YE has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 2, Knipe Avenue, Spalding, PE11 2YE is Spalding station which is 300 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Knipe Avenue, Spalding, PE11 2YE, 67.2% of property is privately rented and 12.3% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Knipe Avenue, Spalding, PE11 2YE, 9.9% of residents are recorded as possessing school level qualifications and 19.5% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Knipe Avenue, Spalding, PE11 2YE, the average age was 40.1 and the most common age was 32.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Knipe Avenue, Spalding, PE11 2YE, 0.5% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Knipe Avenue, Spalding, PE11 2YE, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.