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Promenade is a residential street with 14 addresses.
It ranks as the 105th largest and 161st most expensive of the 254 streets in the NR27 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 14 properties: 3 houses and 11 flats.
Promenade is a residential street with 14 addresses.
It ranks as the 105th largest and 161st most expensive of the 254 streets in the NR27 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 14 properties: 3 houses and 11 flats.
Sale prices range from £312,935 for 2 bedroom leasehold flats (581 ft2) to £1,134,611 for 4 bedroom freehold houses with a garden (1,313 ft2) .
Monthly rental prices range from £1,184 pcm for 2 bed flats to £3,193 pcm for 4 bed houses.
The gross rental yield is between 3.4% and 4.9%.
The average value per square foot is £513.
The last sale on Promenade sold for £630,000 on 30th July 2021. Since then prices are up an average of 6.4%.
The current average value in the street is £472,499.
The Promenade Sales Market has increased by 35.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.1% | £472,499 |
| April 2025 | 0.8% | £482,693 |
| April 2024 | -3.5% | £479,060 |
| April 2023 | -0.2% | £496,253 |
| April 2022 | 13.4% | £497,493 |
| April 2021 | 0.2% | £438,598 |
| April 2020 | 10.1% | £437,912 |
| April 2019 | 2.5% | £397,827 |
| April 2018 | 4.7% | £388,194 |
| April 2017 | 6.1% | £370,735 |
| April 2016 | 4.9% | £349,307 |
| April 2015 | 3.9% | £332,973 |
| April 2014 | 7.7% | £320,517 |
| April 2013 | 3.5% | £297,488 |
| April 2012 | -4.2% | £287,436 |
| April 2011 | 1% | £300,186 |
| April 2010 | 5.8% | £297,262 |
| April 2009 | -11.7% | £280,935 |
| April 2008 | -0.4% | £318,111 |
| April 2007 | 0% | £319,387 |
The current average rental value in the street is £1,663.
The Promenade Rental Market has increased by 51.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £1,663pcm |
| April 2025 | 7% | £1,613pcm |
| April 2024 | 4.3% | £1,508pcm |
| April 2023 | 6.3% | £1,446pcm |
| April 2022 | 8.1% | £1,360pcm |
| April 2021 | 8.2% | £1,258pcm |
| April 2020 | 2.5% | £1,164pcm |
| April 2019 | 0.9% | £1,135pcm |
| April 2018 | 0% | £1,126pcm |
| April 2017 | 2.2% | £1,126pcm |
| April 2016 | 5.4% | £1,101pcm |
| April 2015 | 2.7% | £1,045pcm |
| April 2014 | 1.4% | £1,018pcm |
| April 2013 | 2.7% | £1,003pcm |
| April 2012 | -1.1% | £977pcm |
| April 2011 | 0.9% | £988pcm |
| April 2010 | 2.7% | £978pcm |
| April 2009 | -6.2% | £953pcm |
| April 2008 | 5% | £1,016pcm |
| April 2007 | 0% | £967pcm |
The last sale was on 30th July 2021 for £630,000 and since then the market in the area has increased by 6.4%. The street has had a total of 19 sales since 1995.
Promenade, Cromer, NR27 has seen no sales in the last three years and no sales in the last twelve months.
Promenade, Cromer, NR27 is the 105th largest and the 161st most expensive street in the NR27 area.
There is 1 postcode on Promenade, Cromer, NR27.
The closest station to Promenade, Cromer, NR27 is Cromer station which is 600 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Promenade, Cromer, NR27, 72.0% of property is privately rented and 19.7% is privately owned outright.
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 Promenade, Cromer, NR27, 9.3% of residents are recorded as possessing school level qualifications and 33.5% 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 Promenade, Cromer, NR27, the average age was 51.5 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 Promenade, Cromer, NR27, 1.0% 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 Promenade, Cromer, NR27, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.