3, Offas Way
3, Offas Way
Description & Estimates
Public records show 3, Offas Way, Knighton to be a mid-century leasehold apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
3, Offas Way, Knighton has an estimated sale value of £87,914 and an estimated rental value of £499 per month, assuming reasonable condition and based on the information available.
Offas Way, Knighton, LD7 lies within the LD7 postal district.
Our Data Sources
3, Offas Way, Knighton has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 3, Offas Way, Knighton would be worth £92,310, with a potential rental value of £524 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £81,760, with a rental value of £464 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 3, Offas Way, Knighton has dropped by £505 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £21 (4.3%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
3, Offas Way, Knighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Offas Way, Knighton last changed hands on 1st August 2022, selling for £88,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 25.9% since August 2022.
- Sold Aug 2022£88,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.5 kilometres of 3, Offas Way, Knighton across the last 2 years.
Most recently, Flat 4, Church View, St. Edwards Close, Knighton, LD7 1AJ, a leasehold flat, sold at £75,000 on the 15th September 2023.
Read more about house prices in LD7.
- Sold Sep 2023£75,000 | 2 Bed FlatFlat 4, Church View, St. Edwards Close, Knighton, LD7 1AJFlat 4, Church View, St. Edwards Close, Knighton, LD7 1AJ
- Sold Jul 2021£82,000 | 2 Bed FlatFlat 3, Church View, St. Edwards Close, Knighton, LD7 1AJFlat 3, Church View, St. Edwards Close, Knighton, LD7 1AJ
- Sold May 2020£64,000 | 2 Bed FlatFlat 9, Church View, St. Edwards Close, Knighton, LD7 1AJFlat 9, Church View, St. Edwards Close, Knighton, LD7 1AJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 3, Offas Way, Knighton as the 3rd largest and the 3rd most expensive of the 8 addresses on Offas Way, Knighton, LD7.
Against the LD7 postcode district average, it is £246k less expensive than the typical property.
More reading links
Schools Nearby
- 6.9kmSt Mary's CofE Primary School
- 8.2kmSt George's CofE Academy, Clun
- 10.6kmNewcastle CofE Primary School
- 13.5kmWigmore School
More reading links
Public Transport Nearby
Knighton station is the nearest stop to 3, Offas Way, Knighton at 500 metres away.
- 500mKnighton
- 3.8kmKnucklas
- 6.9kmBucknell
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
