9, Craven Street
9, Craven Street
Description & Estimates
According to the public record, 9, Craven Street, Salford is a modern leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, Craven Street, Salford is £248,664 and the estimated rental value is £1,267 per month.
Craven Street, Salford, M5 is located in the borough of Salford within the M5 postal district.
Our Data Sources
9, Craven Street, Salford has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated May 2021.
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
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 9, Craven Street, Salford is in very good condition we estimate a sale value of £261,097 and a rental value of £1,330 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,258 and a rental value of £1,178 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 9, Craven Street, Salford has decreased by £7,024 (2.8%), while its estimated rental value has grown by £24 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Energy Efficiency
9, Craven Street, Salford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, 9, Craven Street, Salford was last sold on 12th July 2021 for £244,960 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2021, the market for similar properties has dropped by 25.7%.
- Sold Jul 2021£244,960
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Craven Street, Salford within a radius of 300 metres over the last 2 years.
The most recent example is 26, Oldfield Road, Salford, M5 4LZ, a leasehold flat which sold for £292,990 on the 6th September 2023.
Read more about house prices in M5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Craven Street, Salford, M5 has a total of 117 addresses. According to our analysis of all the public data, 9, Craven Street, Salford is the 20th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in M5.
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Schools Nearby
- 400mSt Philip's CofE Primary School
- 700mPrimrose Hill Primary School and Children's Centre
- 800mSt Paul's CofE Primary School
- 1.2kmOasis Academy MediaCityUK
- 1.8kmThe Albion Academy
- 2.0kmAldridgeUTC@MediaCityUK
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Public Transport Nearby
The closest station to 9, Craven Street, Salford is Salford Central station, which is 900 metres away.
- 900mSalford Central
- 900mSalford Crescent
- 1.3kmDeansgate
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
