The first sound you describe is detonation or spark knock and is caused by a lot of things.. The second one is bad news. Could be a rod that is failing.
Testimonial: "Oh dear thats not good news . its the sort of noise that just makes you turn the engine off immediately ! Is this likely to be an expensive fix ? I have had the car for almost 4 years and she sailed through the service only a couple of things wrong , I only paid £1,200 ."
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If it is crankshaft related it is expensive because it means pull the engine and then either overhaul it or replace it. You would be looking at several thousand.
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