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According to the public record, Corner Cottage, Craven Arms is a period freehold house with 839 ft2 of internal area and sits on a 508 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Corner Cottage, Craven Arms is £389,521 and the estimated rental value is £1,115 per month.
Munslow, Craven Arms, SY7 is located within the SY7 postal district.
Corner Cottage, Craven Arms has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated February 2022.
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.
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 Corner Cottage, Craven Arms is in very good condition we estimate a sale value of £408,997 and a rental value of £1,171 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,254 and a rental value of £1,037 per month.
Over the last 12 months the sale value of Corner Cottage Craven Arms has decreased by an estimated £2,042 (0.5%) and its rental value has increased by an estimated £53 per month (4.8%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, Corner Cottage, Craven Arms sits on a plot of 508m2.
We have plot size data on 25 out of 32 other houses in the postcode and Corner Cottage, Craven Arms sits on the 24th largest plot.
Corner Cottage, Craven Arms has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 22 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Corner Cottage, Craven Arms was last sold on 13th June 2022 for £410,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has dropped 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Corner Cottage, Craven Arms within a radius of 8.2 kilometres over the last 2 years.
The most recent example is Oak Tree Farm, Ludlow, SY8 2AN, a freehold house which sold for £1,075,000 on the 4th August 2023.
Read more about house prices in SY7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Munslow, Craven Arms, SY7 has a total of 34 addresses. According to our analysis of all the public data, Corner Cottage, Craven Arms is the 32nd largest and the 25th most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in SY7.
The closest station to Corner Cottage, Craven Arms is Church Stretton station which is 9.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Corner Cottage, Craven Arms, 51.8% of property is privately owned outright and 31.1% is privately rented.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Corner Cottage, Craven Arms, 11.8% of residents are recorded as possessing school level qualifications and 39.8% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Corner Cottage, Craven Arms, the average age was 47.2 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Corner Cottage, Craven Arms, 1.1% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Corner Cottage, Craven Arms, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
