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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Park Road, Cromer is £659,339 and the estimated rental value is £1,765 per month.
Park Road, Cromer, NR27 is located in the borough of North Norfolk within the NR27 postal district.
1, Park Road, Cromer has no records in the the Land Registry and a single entry in the EPC database dated January 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Park Road, Cromer is in very good condition we estimate a sale value of £692,306 and a rental value of £1,853 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £613,185 and a rental value of £1,641 per month.
Over the last 12 months the sale value of 1 Park Road Cromer has decreased by an estimated £28,136 (4.3%) and its rental value has increased by an estimated £17 per month (1.0%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 1, Park Road, Cromer sits on a plot of 1051m2.
We have plot size data on 18 out of 19 other houses in the postcode and 1, Park Road, Cromer sits on the 3rd largest plot.
1, Park Road, Cromer has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Park Road, Cromer within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 50, Norwich Road, Cromer, NR27 0HD, a freehold house which sold for £625,000 on the 23rd August 2024.
Read more about house prices in NR27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Cromer, NR27 has a total of 71 addresses. According to our analysis of all the public data, 1, Park Road, Cromer is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £354k more expensive than the average property in NR27.
The closest station to 1, Park Road, Cromer is Roughton Road station which is 1.0 kilometres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Park Road, Cromer, 55.5% of property is privately owned outright and 21.2% 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 1, Park Road, Cromer, 11.5% of residents are recorded as possessing school level qualifications and 26.5% 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 1, Park Road, Cromer, 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 1, Park Road, Cromer, 0.7% 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 1, Park Road, Cromer, 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.