Terraced
1001 sq ft
21.4%
PROPERTY VALUATION
£
Last sold: June 2019
INVESTMENT PERFORMANCE
Investment return: 3.1% per year throughout 2015 - 2019
PRICE CHANGE
£46,500
Percentage change: +21.4%
REFINE VALUATION
Property summary Last updated: 03/05/2024
Last updated: 03/05/2024
30 Knot Tiers Mews, Upton is a terraced house spread over 1,001 square feet, making it one of the bigger properties here - it is ranked as the 2nd most expensive property* in NN5 4FS, with a valuation of £264,000.
Since it last sold in June 2019 for £217,500, its value has increased by £46,500.
We expect this property to be in very good condition (or is significantly more desirable for some other reason) based on its price per square foot.
- The latest sale in NN5 4FS went for £240k on 11 Aug 2023.
- The average current property value here is £188,000.
- 10 properties have sold in NN5 4FS over the last 5 years.
- 26 terraced houses have sold at an average price of £273,000 in NN5 4 over the last 12 months.
- Terraced houses have been selling for £254 per square foot across NN5 4.
Recent sales
Searching for recent sales near here
Expected property condition
At a sale price of £264k, we expect this property to be in a substantially better condition than the neighbouring properties in the road.
As it has a higher cost per square foot than the other properties in the road, we think it is more likely to be in good condition.
This can be caused by it having recently been refurbished to a high standard although it could also be because the property has more appealing architecture, a bigger garden, more parking spaces or a garage etc.
At a valuation of £264k this property has a cost per square foot of £263 - this is substantially more than the average for the area (which is currently £210).
Cost per square foot valuation
If we valued this property using the average cost per square foot (CPSF):
- Using the average CPSF for properties just in the postcode - it would be worth £246k.
- Using the average CPSF for the whole road - it would be worth £210k.
What does it cost to live here?
The local market - Knot Tiers Mews, NN5 4FS
- The average property value here is £188,000.
- Valuations range from £97,000 to £271,000.
21%
This property has increased in price by 21% since it last sold 4 years ago.
40%
This property is 40% more expensive than average in Knot Tiers Mews, NN5 4FS.
Sale history
The most paid for a property in Knot Tiers Mews, NN5 4FS was £268,000 in 2021.
| Date | Price | Change |
|---|---|---|
| Today's value* | £264,000 | 21.4% |
| 27 Jun 2019 | £217,500 | 11.5% |
| 30 Nov 2015 | £194,995 | - |
- Street View
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Valuation details
30 Knot Tiers Mews, Upton has increased in price by £46,500 since it last sold in 2019 - this equates to a 4% rise each year.
At its last energy performance certificate inspection, it got a similar rating to other properties in this postcode with a score of 89 out of 100.
On a cost per square foot basis, this property is valued at 7% more than the other houses in this postcode.
Essential info
- Freehold terraced house
- 1,001 square feet
- 12% bigger than the average property in this postcode
- 40% more expensive than the average here
This property is currently valued at £263 per square foot - the average cost per square foot for this postcode is £246.
A higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger garden (for more information see our valuation review) of this property.
If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £304,000.
SOLD PRICES - NN5 4FS SOLD PRICE GRAPH
Essential buying details
-
If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £249k and £279k.
-
The property didn't turn out to be a great investment for the previous owner - returning on average 3.1% per annum.
Investment Performance
Annual change: 3.1%
The previous owner had the property for 3 years, having purchased it in November 2015 for £194,995.
During this time, the price rose by £22,505 (11.5%), which equates to it increasing in value by 3.1% each year.
The property didn't turn out to be a great investment for the previous owner.
The sale on 27 June 2019 was recorded as a non-residential transaction. This can be because a commercial mortgage was used, the property was repossessed or the owner extended the lease etc.
| Property | Valuation | ||
|---|---|---|---|
| 24 Knot Tiers Mews, Upton 743 sq.ft. | £198,000(+13% since 2020) | ||
| 19 Knot Tiers Mews, Upton 840 sq.ft. | £219,000(+2% since 2021) | ||
| 29 Knot Tiers Mews, Upton 840 sq.ft. | £225,000(+2% since 2022) | ||
| 21 Knot Tiers Mews, Upton 840 sq.ft. | £242,000(+1% since 2023) | ||
| 16 Knot Tiers Mews, Upton 840 sq.ft. | £246,000(+13% since 2020) | ||
| 31 Knot Tiers Mews, Upton 1001 sq.ft. | £247,000(+3% since 2021) | ||
| 4 Knot Tiers Mews, Upton 990 sq.ft. | £253,000(+18% since 2019) | ||
| 14 Knot Tiers Mews, Upton 1001 sq.ft. | £255,000(+2% since 2021) | ||
| 30 Knot Tiers Mews, Upton 1001 sq.ft. | £264,000(+21% since 2019) | ||
| 10 Knot Tiers Mews, Upton 1141 sq.ft. | £271,000(+1% since 2021) |
OFFERS EXPECTED TO BE IN THE REGION OF:
£249k - £279k
Most likely sale price: £264k
Tell us about the condition of the property to get a more accurate valuation.
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How do we calculate valuations?
Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.
The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.
In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.
If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.
What makes a property more desirable?
A number of things can make a property more desirable and sell for more money per square foot than others in the area.
Some of the things that can cause a property to be worth more per square foot include:
- Good school catchment area
- Good transport links
- Bigger garden
- Offstreet parking and garages
- High quality architectural designs (a.k.a pretty houses!)
- Good quality home improvements
Where do we get our data?
We use multiple data sources to provide reliable property information to you.
Some of the data sources we use are:
- HM Land Registry
- Ordnance Survey
- Department for Levelling Up, Housing & Communities
- Royal Mail
- Estate agents
- Property listings
Licenses, disclaimers and further notes
* Excluding properties that we've been unable to calculate a valuation for.
** Excludes property transactions that occurred before 1995.
Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.
Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.
The latest HM Land registry data covers property transactions up until 31/03/2024 - this was released on the 29/04/2024.
