Craven Arms

Area Guide For Craven Arms

Timid Arms is a residential area and common ward in Shropshire, England, on the A49 street and the Welsh Marches route line, which interface it north and south to the bigger towns of Shrewsbury and Ludlow individually. The Heart of Wales track line joins the Welsh Marches line at Craven Arms and the town has a little route station. The town is encased to the north by the Shropshire Hills Area of Outstanding Natural Beauty, and to the south is the strengthened villa of Stokesay Castle. Fearful Arms is a business sector town for the encompassing country zone, with various shops, banks, bequest operators, a market, an abattoir and numerous business/light modern organizations. It is additionally a guest destination, being home or adjacent to various attractions, and being integral for guests to the range of exceptional common excellence. It portrays itself as the "Passage to the Marches".


Craven Arms Map

Estimated Price: £284,851
Average Asking Price: £356,320
Price change in last one year: £22,901
Average Price Paid: £247,273
Average Rent Rates: £699


Property Prices Breakdown in Craven Arms

Average Price for property in Craven Arms is around £284,851 which varies based on type of property you are interested in and ranges from £356,385 for detached house to around £196,230 for semi-detached. Similarly terraced house is around £160,845 and a flat is worth £142,405. Values have been changing and have risen £3,253 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,946 in last 6 months, £22,901 in last 1 year, £22,780 in last 2 years, £19,697 in last 3 years, £15,669 in last 4 years and £18,828 in last 5 years.

Currently average asking price of a property in Craven Arms is around £356,320 based on approximately 81 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £699 per month.

Estimated property value in Craven Arms is £284,851. Average asking price is £356,320 while average price paid is £231,048 which is up by £22,901 and Avg. asking rent £699.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Craven Arms area. In last 1 year alone average price buyer paid is around £231,048 based on approximately 81 sales in Craven Arms area alone. If you compare it to last 3 years sales of 265 properties where buyers paid around £236,177. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £247,273 for 398 and average amount paid for purchase of approx. 576 properties sold in last 7 years comes to about £250,177 per sale.


Properties For Sale in Craven Arms


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £166,500, £311,153 for a 3 bedroom house, £461,871 for a 4 bedroom house and £448,000 for a 5 bedroom house. For a flat the prices of single bedroom is £159,950. To sum up the asking prices for properties in Craven Arms it comes to around average £159,950 for 1 bedroom property, £166,500 for 2 bedroom, £311,153 for 3 bedroom, £461,871 for 4 bedroom and £448,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £498 for 3 bedroom to £1,075 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £498. You should be generally be expecting around average £498 rent per month for 2 bedroom property, £498 for 3 bedroom and approximately £1,074 for 4 bedroom property in Craven Arms area.

Popular Houses in Craven Arms

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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