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According to the public record, 1 York Terrace, York Road, Cromer is a period Leasehold apartment with 732 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1 York Terrace, York Road, Cromer is £122,629 and the estimated rental value is £684 per month.
The apartment is within 1, York Road, Cromer, NR27.
York Road, Cromer, NR27 is located in the borough of North Norfolk within the NR27 postal district.
1 York Terrace, York Road, Cromer has 41 entries in the Land Registry , most recently in July 2018 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 York Terrace, York Road, Cromer is in very good condition we estimate a sale value of £128,761 and a rental value of £719 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,045 and a rental value of £636 per month.
Over the last 12 months the sale value of 1 York Terrace York Road Cromer has increased by an estimated £782 (0.6%) and its rental value has increased by an estimated £37 per month (5.4%), giving an expected gross yield of 6.7%.
1 York Terrace, York Road, Cromer has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1 York Terrace, York Road, Cromer was last sold on 27th July 2018 for £165,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since July 2018, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 880 metres radius of 1 York Terrace, York Road, Cromer over the last 2 years.
The most recent example is 3 York Terrace, York Road, Cromer, NR27 0BT, a freehold house which sold for £250,000 on the 5th January 2023.
Read more about house prices in NR27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
York Road, Cromer, NR27 has a total of 9 addresses. According to our analysis of all the public data, 1 York Terrace, York Road, Cromer is the 6th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in NR27.
The closest station to 1 York Terrace, York Road, Cromer is Roughton Road station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 York Terrace, York 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 York Terrace, York 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 York Terrace, York 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 York Terrace, York 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 York Terrace, York 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.
