2 Spring Cottage, Cromer
2 Spring Cottage, Cromer
Description & Estimates
2 Spring Cottage, Cromer appears in the public record as a Leasehold apartment.
We estimate it to be a period apartment with 815 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2 Spring Cottage, Cromer is £184,764 and its rental estimate is £895 per month, given the available information and assuming reasonable condition.
Spring Cottage, Sandy Lane is a residential building on Sandy Lane, West Runton, Cromer, NR27 and falls within the NR27 postal district and the borough of North Norfolk.
Our Data Sources
2 Spring Cottage, Cromer has 41 entries in the Land Registry , most recently in May 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2 Spring Cottage, Cromer, we estimate a market value of £194,002 and a rental value of £940 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £171,830 and £833 per month respectively.
Recent Market Change
Over the last year, 2 Spring Cottage, Cromer has seen its estimated sale value rise by £203 (0.1%) and its estimated rental value move up by £43 per month (4.8%). This results in an estimated gross rental yield of 5.8%.
Sold Prices
The most recent sale of 2 Spring Cottage, Cromer completed on 21st May 2018 at £190,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 3.0% over the period since May 2018.
- Sold May 2018£190,000
- Sold Jul 2009£160,000
- Sold Dec 2003£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Spring Cottage, Cromer have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2025, was Flat 22, Slade Court, Runton House Close, Cromer, NR27 9RA, a leasehold flat which sold for £170,000.
Read more about house prices in NR27.
- Sold Jan 2025£170,000 | 2 Bed FlatSlade Court, Runton House CloseFlat 22, Slade Court, Runton House Close, Cromer, NR27 9RA
- Sold Oct 2024£210,000 | 2 Bed FlatSlade Court, Runton House CloseFlat 20, Slade Court, Runton House Close, Cromer, NR27 9RA
- Sold Jul 2024£210,000 | 2 Bed FlatSlade Court, Runton House CloseFlat 21, Slade Court, Runton House Close, Cromer, NR27 9RA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 102 addresses on Sandy Lane, West Runton, Cromer, NR27, 2 Spring Cottage, Cromer comes out as the 85th largest and the 101st most expensive in our analysis of the public data.
It is also £121k less expensive than the average property across the NR27 district.
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Schools Nearby
- 3.0kmSheringham Community Primary School
- 3.9kmGresham Village School and Nursery
- 4.1kmCromer Junior School
- 3.2kmSheringham High School
- 4.1kmCromer Academy
- 15.1kmAylsham High School
More reading links
Public Transport Nearby
From 2 Spring Cottage, Cromer, the nearest station is West Runton, 400 metres away.
- 400mWest Runton
- 2.5kmSheringham
- 3.2kmCromer
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
