1, St. Margarets Lane
1, St. Margarets Lane
Description & Estimates
According to the public record, 1, St. Margarets Lane, Cromer is a modern freehold house with 1,716 ft2 of internal area and sits on a 268 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, St. Margarets Lane, Cromer is £344,994 and the estimated rental value is £1,628 per month.
St. Margarets Lane, Cromer, NR27 is located in the borough of North Norfolk within the NR27 postal district.
Our Data Sources
1, St. Margarets Lane, Cromer has 21 entries in the Land Registry , most recently in November 2007 and a single entry in the EPC database dated October 2009.
We combine this information with that 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.
Price Range & Condition
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, St. Margarets Lane, Cromer is in very good condition we estimate a sale value of £362,244 and a rental value of £1,710 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,845 and a rental value of £1,514 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, St. Margarets Lane, Cromer has declined by £9,059 (2.6%), while its estimated rental value has climbed by £33 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 5.7%.
Plot Size
According to data from HM Land Registry, 1, St. Margarets Lane, Cromer sits on a plot of 268 m2.
We have plot size data on 2 out of 5 other houses in the postcode and 1, St. Margarets Lane, Cromer sits on the largest plot.
Energy Efficiency
1, St. Margarets Lane, Cromer has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Oct 2009.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, 1, St. Margarets Lane, Cromer was last sold on 9th November 2007 for £110,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2007, the market for similar properties has risen by 54.9%.
- Sold Nov 2007£110,000
- Sold Feb 1998£43,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, St. Margarets Lane, Cromer within a radius of 510 metres over the last 2 years.
The most recent example is 7, Cross Street, Cromer, NR27 9DE, a freehold house which sold for £420,000 on the 24th August 2023.
Read more about house prices in NR27.
- Sold Aug 2023£420,000 | 4 Bed House7, Cross Street, Cromer, NR27 9DE7, Cross Street, Cromer, NR27 9DE
- Sold May 2022£250,000 | 4 Bed House6, Canada Road, Cromer, NR27 9AH6, Canada Road, Cromer, NR27 9AH
- Sold Jun 2018£345,000 | 4 Bed House15-17, Cross Street, Cromer, NR27 9DE15-17, Cross Street, Cromer, NR27 9DE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
St. Margarets Lane, Cromer, NR27 has a total of 5 addresses. According to our analysis of all the public data, 1, St. Margarets Lane, Cromer is the largest and the most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in NR27.
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Schools Nearby
- 800mCromer Junior School
- 800mSuffield Park Infant and Nursery School, Cromer
- 2.6kmOverstrand, the Belfry, Church of England Voluntary Aided Primary School
- 700mCromer Academy
- 7.0kmSheringham High School
- 13.8kmNorth Walsham High School
More reading links
Public Transport Nearby
The closest station to 1, St. Margarets Lane, Cromer is Cromer station, which is 700 metres away.
- 700mCromer
- 1.2kmRoughton Road
- 3.9kmWest Runton
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
