2, Oaks Road
2, Oaks Road
Description & Estimates
Public records show 2, Oaks Road, Craven Arms to be a modern freehold house with 1,643 ft2 of internal area, sitting on a 716 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Oaks Road, Craven Arms has an estimated sale value of £408,395 and an estimated rental value of £1,238 per month, assuming reasonable condition and based on the information available.
Oaks Road, Craven Arms, SY7 lies within the SY7 postal district.
Our Data Sources
2, Oaks Road, Craven Arms has 3 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated July 2010.
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.
Price Range & Condition
In very good condition, we estimate 2, Oaks Road, Craven Arms would be worth £428,814, with a potential rental value of £1,300 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £379,807, with a rental value of £1,151 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 2, Oaks Road, Craven Arms has declined by £10,313 (2.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £33 (2.7%). The property's estimated gross yield is currently 3.6%.
Plot Size
2, Oaks Road, Craven Arms occupies a 716 m2 plot as recorded by HM Land Registry.
Of the 14 other houses in this postcode, 12 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
2, Oaks Road, Craven Arms has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jul 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Oaks Road, Craven Arms last changed hands on 30th April 2021, selling for £385,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 21.1% since April 2021.
- Sold Apr 2021£385,000
- Sold Dec 2016£250,000
- Sold Sep 2010£295,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.7 kilometres of 2, Oaks Road, Craven Arms across the last 2 years.
Most recently, 36, Coppice Drive, Craven Arms, SY7 9RQ, a freehold house, sold at £378,000 on the 29th November 2024.
Read more about house prices in SY7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Oaks Road, Craven Arms as the 2nd largest and the 3rd most expensive of the 14 addresses on Oaks Road, Craven Arms, SY7.
Against the SY7 postcode district average, it is £74k more expensive than the typical property.
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Schools Nearby
- 800mStokesay Primary School
- 2.7kmWistanstow CofE Primary School
- 4.7kmOnny CofE (A) Primary School
- 10.6kmLudlow Church of England School
- 11.5kmThe Community College, Bishop's Castle
- 11.8kmChurch Stretton School
More reading links
Public Transport Nearby
Craven Arms station is the nearest stop to 2, Oaks Road, Craven Arms at 500 metres away.
- 500mCraven Arms
- 3.5kmBroome
- 7.2kmHopton Heath
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
