This is actually a very good domain name, crafting is huge in England and any of the shops who are looking to get on the internet should be well chuffed to get hold of it. You have knitting, beadwork, woodcraft, glassmaking, ornaments...the list goes on and on.
Although the keyword does not get as many searches as others it encapsulates a huge range of hobbies, pastimes and also professional work that more than make up for it.
Prices in England tend not to be as high as they are in other countries like America that use the .com exclusively but I can see it going for low to mid $xxx easily, and I personally would never dream of letting it go for under $500-1000
It is a very nice find both for resale value and development potential.
I would grab the phone directory of major cities like Manchester, London, Liverpool and also larger towns like Blackburn and such and start collecting names and email addresses to fire off to them and let them know it is on the market.