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According to the public record, 2, Knights Way, Newent is a mid-century freehold house with 947 ft2 of internal area and sits on a 226 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Knights Way, Newent is £225,596 and the estimated rental value is £1,628 per month.
Knights Way, Newent, GL18 is located in the borough of Forest of Dean within the GL18 postal district.
2, Knights Way, Newent has 2 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated September 2022.
We combine this information with that 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Knights Way, Newent is in very good condition we estimate a sale value of £236,876 and a rental value of £1,709 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,804 and a rental value of £1,514 per month.
Over the last 12 months the sale value of 2 Knights Way Newent has increased by an estimated £146 (0.1%) and its rental value has increased by an estimated £69 per month (4.2%), giving an expected gross yield of 8.7%.
According to data from HM Land Registry, 2, Knights Way, Newent sits on a plot of 226m2.
We have plot size data on 13 out of 16 other houses in the postcode and 2, Knights Way, Newent sits on the 6th largest plot.
2, Knights Way, Newent has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Knights Way, Newent was last sold on 22nd November 2022 for £208,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2022, the market for similar properties has risen 30.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Knights Way, Newent within a radius of 910 metres over the last 2 years.
The most recent example is 12, Knights Way, Newent, GL18 1QL, a freehold house which sold for £255,000 on the 27th March 2023.
Read more about house prices in GL18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knights Way, Newent, GL18 has a total of 48 addresses. According to our analysis of all the public data, 2, Knights Way, Newent is the 21st largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in GL18.
The closest station to 2, Knights Way, Newent is Ledbury station which is 13.0 kilometres away.
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, Knights Way, Newent, 44.8% of property is privately owned outright and 29.6% is privately owned with a mortgage.
The graph below shows how this compares to South West 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, Knights Way, Newent, 17.6% of residents are recorded as possessing school level qualifications and 17.8% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Knights Way, Newent, the average age was 44.2 and the most common age was 52.
The graph below shows how this compares to South West 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, Knights Way, Newent, 0.7% of property was a second home.
Comparison figures for South West 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, Knights Way, Newent, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.