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2 Cremers Drift is a residential building situated on Cremers Drift, Sheringham, NR26 with 2 addresses.
It ranks as the 20th largest and 181st most expensive of the 195 buildings in the NR26 area.
The building contains a total of 2 properties: 2 flats.
2 Cremers Drift is a residential building situated on Cremers Drift, Sheringham, NR26 with 2 addresses.
It ranks as the 20th largest and 181st most expensive of the 195 buildings in the NR26 area.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £124,147 for 2 bedroom leasehold flats (595 ft2) to £570,379 for 4 bedroom freehold houses with a garden (1,496 ft2) .
Monthly rental prices range from £686 pcm for 2 bed flats to £1,545 pcm for 4 bed houses.
The gross rental yield is between 3.3% and 6.6%.
The average value per square foot is £295.
The last sale in 2 Cremers Drift sold for £666,500 on 23rd August 2024. Since then prices are down an average of 4.5%.
The current average value in the building is £347,263.
The 2 Cremers Drift Sales Market has increased by 36.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2% | £347,263 |
| May 2025 | -2.1% | £354,397 |
| May 2024 | -4.6% | £361,890 |
| May 2023 | 0.6% | £379,391 |
| May 2022 | 12.7% | £377,140 |
| May 2021 | 7.8% | £334,753 |
| May 2020 | 0.9% | £310,527 |
| May 2019 | 6.4% | £307,805 |
| May 2018 | 4.8% | £289,267 |
| May 2017 | 8.2% | £275,936 |
| May 2016 | 2.2% | £254,937 |
| May 2015 | 6.1% | £249,503 |
| May 2014 | 8.5% | £235,066 |
| May 2013 | -0.8% | £216,623 |
| May 2012 | -0.5% | £218,454 |
| May 2011 | -2.2% | £219,493 |
| May 2010 | 5.2% | £224,411 |
| May 2009 | -8% | £213,280 |
| May 2008 | 0.5% | £231,725 |
| May 2007 | 0% | £230,486 |
The current average rental value in the building is £1,115.
The 2 Cremers Drift Rental Market has increased by 49.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.3% | £1,115pcm |
| May 2025 | 5.5% | £1,080pcm |
| May 2024 | 3.9% | £1,024pcm |
| May 2023 | 6.3% | £985pcm |
| May 2022 | 9% | £927pcm |
| May 2021 | 7.4% | £850pcm |
| May 2020 | 2.6% | £792pcm |
| May 2019 | -0.9% | £772pcm |
| May 2018 | 2.3% | £778pcm |
| May 2017 | 1.7% | £761pcm |
| May 2016 | 4.9% | £748pcm |
| May 2015 | 4.7% | £713pcm |
| May 2014 | 0.8% | £681pcm |
| May 2013 | 1.6% | £676pcm |
| May 2012 | -0.4% | £665pcm |
| May 2011 | 0.7% | £668pcm |
| May 2010 | 4.8% | £664pcm |
| May 2009 | -6.6% | £633pcm |
| May 2008 | 4.7% | £678pcm |
| May 2007 | 0% | £648pcm |
The last sale was on 23rd August 2024 for £666,500 and since then the market in the area has decreased by 4.5%. The building has had a total of 6 sales since 1995.
2, Cremers Drift, Sheringham, NR26 8HX has seen 1 sale in the last three years and no sales in the last twelve months.
The closest station to 2, Cremers Drift, Sheringham, NR26 8HX is Sheringham station which is 200 metres away.
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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 2, Cremers Drift, Sheringham, NR26 8HX, 54.3% of property is privately owned outright and 26.7% is privately owned with a mortgage.
The graph below shows how this compares to East of England 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 2, Cremers Drift, Sheringham, NR26 8HX, 14.8% of residents are recorded as possessing school level qualifications and 35.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Cremers Drift, Sheringham, NR26 8HX, the average age was 53 and the most common age was 72.
The graph below shows how this compares to East of England 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 2, Cremers Drift, Sheringham, NR26 8HX, 1.6% of property was a second home.
Comparison figures for East of England 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 2, Cremers Drift, Sheringham, NR26 8HX, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.