5, Craven Arms
5, Craven Arms
Description & Estimates
5, Craven Arms is recorded publicly as a mid-century freehold house across 1,227 ft2 of internal area, sitting on a 463 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Craven Arms is £203,777 and its rental estimate is £861 per month, given the available information and assuming reasonable condition.
Newcastle, Craven Arms, SY7 falls within the SY7 postal district.
Our Data Sources
5, Craven Arms has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated August 2022.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Craven Arms, we estimate a market value of £213,966 and a rental value of £904 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £189,513 and £801 per month respectively.
Recent Market Change
Over the last year, 5, Craven Arms has seen its estimated sale value decrease by £1,069 (0.5%) and its estimated rental value grow by £41 per month (4.8%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 5, Craven Arms as measuring 463 m2.
That makes it the 3rd largest plot in the postcode, where 3 of the 6 other houses have recorded plot data.
Energy Efficiency
5, Craven Arms has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 5, Craven Arms completed on 4th August 2023 at £180,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 4.4% over the period since August 2023.
- Sold Aug 2023£180,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Craven Arms have sold within a radius of 9.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2024, was 7 Border View, Knighton, LD7 1YG, a freehold house which sold for £170,000.
Read more about house prices in SY7.
- Sold Nov 2024£170,000 | 3 Bed House7 Border View, Knighton, LD7 1YG7 Border View, Knighton, LD7 1YG
- Sold Jul 2023£223,000 | 3 Bed House8, Drews Leasow, Bishops Castle, SY9 5EW8, Drews Leasow, Bishops Castle, SY9 5EW
- Sold Feb 2009£140,500 | 3 Bed HouseIngestre, School Road, Craven Arms, SY7 8JQIngestre, School Road, Craven Arms, SY7 8JQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 173 addresses on Newcastle, Craven Arms, SY7, 5, Craven Arms comes out as the 98th largest and the 161st most expensive in our analysis of the public data.
It is also £130k less expensive than the average property across the SY7 district.
More reading links
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
More reading links
Public Transport Nearby
From 5, Craven Arms, the nearest station is Knucklas, 8.1 kilometres away.
- 8.1kmKnucklas
- 10.1kmLlangynllo
- 10.8kmKnighton
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
