7, New Parade - NR27 9EP
Key Building Insights
7, New Parade is a residential building situated on New Parade, Cromer, NR27 with 2 addresses.
It ranks as the 67th largest and 5th most expensive of the 347 buildings in the NR27 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £84,098
- 10 Year change
- up 23.1%
- Ave. Rental Price
- £638pcm
- 10 Year change
- up 39.7%
- Ave. £ per ft²
- £175/ft²
- Ave. Gross Yield
- 9.1%/year/yr
Key Building Insights
7, New Parade is a residential building situated on New Parade, Cromer, NR27 with 2 addresses.
It ranks as the 67th largest and 5th most expensive of the 347 buildings in the NR27 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £84,098
- 10 Year change
- up 23.1%
- Ave. Rental Price
- £638pcm
- 10 Year change
- up 39.7%
- Ave. £ per ft²
- £175/ft²
- Ave. Gross Yield
- 9.1%/year/yr
Explore Properties on New Parade, Cromer, NR27
- 7A New Parade
2 Bed Period Flat
- 7B New Parade
2 Bed Period Flat
Sales Market Trends
The last sale in 7, New Parade sold for £95,000 on 29th April 2022. Since then prices are down an average of 6.7%.
The current average value in the building is £84,098.
The 7, New Parade Sales Market has increased by 23.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -2.5% | £84,098 |
| July 2025 | -2.2% | £86,287 |
| July 2024 | -1.8% | £88,260 |
| July 2023 | -2.3% | £89,862 |
| July 2022 | 12.8% | £92,016 |
| July 2021 | -0.2% | £81,573 |
| July 2020 | 5.6% | £81,755 |
| July 2019 | 3.7% | £77,439 |
| July 2018 | 5.1% | £74,681 |
| July 2017 | 4% | £71,050 |
| July 2016 | 4.5% | £68,313 |
| July 2015 | 3.4% | £65,397 |
| July 2014 | 7.8% | £63,251 |
| July 2013 | 3.7% | £58,671 |
| July 2012 | -3.6% | £56,554 |
| July 2011 | -0.5% | £58,666 |
| July 2010 | 3.8% | £58,990 |
| July 2009 | -7.9% | £56,850 |
| July 2008 | -5.9% | £61,699 |
| July 2007 | 0% | £65,587 |
Rental Market Trends
The current average rental value in the building is £638.
The 7, New Parade Rental Market has increased by 39.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.6% | £638pcm |
| July 2025 | 1.6% | £616pcm |
| July 2024 | 5.1% | £607pcm |
| July 2023 | 5.7% | £577pcm |
| July 2022 | 8.1% | £546pcm |
| July 2021 | 4.4% | £505pcm |
| July 2020 | 3% | £483pcm |
| July 2019 | 3.8% | £469pcm |
| July 2018 | -0.8% | £452pcm |
| July 2017 | -0.3% | £455pcm |
| July 2016 | 1.4% | £457pcm |
| July 2015 | 3.1% | £451pcm |
| July 2014 | 1.6% | £437pcm |
| July 2013 | -0.4% | £430pcm |
| July 2012 | 0.6% | £432pcm |
| July 2011 | 1.4% | £429pcm |
| July 2010 | 0.5% | £424pcm |
| July 2009 | -6.7% | £421pcm |
| July 2008 | -0.6% | £452pcm |
| July 2007 | 0% | £454pcm |
Sales History
The last recorded sale was on 29th April 2022 for £95,000 and since then the market in the area has decreased by 6.7%.
7, New Parade, Cromer, NR27 9EP has had 3 sales since 1995, none of them in the last three years.
- Sold Apr 2022£95,000 | 2 Bed Flat7B, New Parade, Cromer, NR27 9EP7B, New Parade, Cromer, NR27 9EP
- Sold Oct 2019£77,000 | 2 Bed Flat7A, New Parade, Cromer, NR27 9EP7A, New Parade, Cromer, NR27 9EP
- Sold Jun 2001£12,250 | 2 Bed Flat7B, New Parade, Cromer, NR27 9EP7B, New Parade, Cromer, NR27 9EP
Property Types
- 2 period flats built between 1800 and 1911
- period flat (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Dec 2017£105,000 | 3 Bed Flat4, New Parade, Cromer, NR27 9EP4, New Parade, Cromer, NR27 9EP
- Sold Sep 2020£102,000 | 1 Bed Flat8A, New Parade, Cromer, NR27 9EP8A, New Parade, Cromer, NR27 9EP
- Sold Oct 2017£95,000 | 3 Bed Flat9, New Parade, Cromer, NR27 9EP9, New Parade, Cromer, NR27 9EP
Schools Nearby
- Suffield Park Infant and Nursery School, Cromer900 m away
- Cromer Junior School900 m away
- Overstrand, the Belfry, Church of England Voluntary Aided Primary School2.6 km away
- Cromer Academy800 m away
- Sheringham High School7.1 km away
- North Walsham High School13.8 km away
More reading links
Public Transport Nearby
The closest station to 7, New Parade, Cromer, NR27 9EP is Cromer station, which is 700 metres away.
- Cromer|700 m away
- Roughton Road|1.3 km away
- West Runton|3.9 km away
- Sheringham|6.3 km away
