3, Craven Arms
3, Craven Arms
Description & Estimates
According to the public record, 3, Craven Arms is a freehold house.
By comparing it to neighbours, we estimate that it is an early-century house with 1,548 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Craven Arms is £233,023 and the estimated rental value is £933 per month.
Newcastle, Craven Arms, SY7 is located within the SY7 postal district.
Our Data Sources
3, Craven Arms has 2 entries in the Land Registry , most recently in March 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 3, Craven Arms is in very good condition we estimate a sale value of £244,675 and a rental value of £980 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,712 and a rental value of £868 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Craven Arms has decreased by £5,884 (2.5%), while its estimated rental value has grown by £25 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Sold Prices
According to HM Land Registry, 3, Craven Arms was last sold on 4th March 2016 for £175,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2016, the market for similar properties has risen by 36.1%.
- Sold Mar 2016£175,000
- Sold Feb 2009£163,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Craven Arms within a radius of 9.5 kilometres over the last 2 years.
The most recent example is Castlewright Cottage, Montgomery, SY15 6TW, a freehold house which sold for £462,500 on the 9th February 2023.
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
Newcastle, Craven Arms, SY7 has a total of 173 addresses. According to our analysis of all the public data, 3, Craven Arms is the 63rd largest and the 157th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in SY7.
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Schools Nearby
- 100mNewcastle CofE Primary School
- 5.3kmSt George's CofE Academy, Clun
- 9.6kmBishops Castle Primary School
- 9.6kmThe Community College, Bishop's Castle
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Public Transport Nearby
The closest station to 3, Craven Arms is Knucklas station, which is 8.1 kilometres away.
- 8.1kmKnucklas
- 10.1kmLlangynllo
- 10.8kmKnighton
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
