8, New Parade - NR27 9EP
Key Building Insights
8, New Parade is a residential building situated on New Parade, Cromer, NR27 with 2 addresses.
It ranks as the 70th largest and 3rd most expensive of the 347 buildings in the NR27 area. The most common property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £83,324
- 10 Year change
- up 22.0%
- Ave. Rental Price
- £601pcm
- 10 Year change
- up 38.4%
- Ave. £ per ft²
- £159/ft²
- Ave. Gross Yield
- 8.7%/year/yr
Key Building Insights
8, New Parade is a residential building situated on New Parade, Cromer, NR27 with 2 addresses.
It ranks as the 70th largest and 3rd most expensive of the 347 buildings in the NR27 area. The most common property type is a modern flat built after 1980.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £83,324
- 10 Year change
- up 22.0%
- Ave. Rental Price
- £601pcm
- 10 Year change
- up 38.4%
- Ave. £ per ft²
- £159/ft²
- Ave. Gross Yield
- 8.7%/year/yr
Sales Market Trends
The last sale in 8, New Parade sold for £68,000 on 30th October 2024. Since then prices are down an average of 5.9%.
The current average value in the building is £83,324.
The 8, New Parade Sales Market has increased by 22.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -2.4% | £83,324 |
| July 2025 | -2.5% | £85,368 |
| July 2024 | -1.9% | £87,567 |
| July 2023 | -2.3% | £89,239 |
| July 2022 | 13% | £91,385 |
| July 2021 | -0.9% | £80,860 |
| July 2020 | 6.1% | £81,596 |
| July 2019 | 3.4% | £76,925 |
| July 2018 | 4.7% | £74,398 |
| July 2017 | 4% | £71,044 |
| July 2016 | 4.8% | £68,323 |
| July 2015 | 3.6% | £65,208 |
| July 2014 | 7.9% | £62,925 |
| July 2013 | 3.8% | £58,344 |
| July 2012 | -3.8% | £56,190 |
| July 2011 | -0.6% | £58,413 |
| July 2010 | 3.5% | £58,789 |
| July 2009 | -7.9% | £56,810 |
| July 2008 | -5.6% | £61,710 |
| July 2007 | 0% | £65,337 |
Rental Market Trends
The current average rental value in the building is £601.
The 8, New Parade Rental Market has increased by 38.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.8% | £601pcm |
| July 2025 | 1.3% | £579pcm |
| July 2024 | 5% | £572pcm |
| July 2023 | 5.7% | £545pcm |
| July 2022 | 8.3% | £515pcm |
| July 2021 | 3.7% | £475pcm |
| July 2020 | 3.5% | £458pcm |
| July 2019 | 3.6% | £443pcm |
| July 2018 | -1.2% | £428pcm |
| July 2017 | -0.4% | £433pcm |
| July 2016 | 1.7% | £434pcm |
| July 2015 | 3.3% | £427pcm |
| July 2014 | 1.6% | £413pcm |
| July 2013 | -0.3% | £407pcm |
| July 2012 | 0.3% | £408pcm |
| July 2011 | 1.3% | £406pcm |
| July 2010 | 0.2% | £401pcm |
| July 2009 | -6.8% | £400pcm |
| July 2008 | -0.2% | £429pcm |
| July 2007 | 0% | £430pcm |
Sales History
The last recorded sale was on 30th October 2024 for £68,000 and since then the market in the area has decreased by 5.9%.
8, New Parade, Cromer, NR27 9EP has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Oct 2024£68,000 | 1 Bed Flat8A, New Parade, Cromer, NR27 9EP8A, New Parade, Cromer, NR27 9EP
- Sold Sep 2020£102,000 | 1 Bed Flat8A, New Parade, Cromer, NR27 9EP8A, New Parade, Cromer, NR27 9EP
- Sold Sep 2010£59,500 | 1 Bed Flat8A, New Parade, Cromer, NR27 9EP8A, New Parade, Cromer, NR27 9EP
Property Types
- 1 modern flat built after 1980
- 1 flat of an unknown age
- modern flat (1)
- flat (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
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 8, 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
