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According to the public record, 4 Marine View, Promenade, Cromer is a period leasehold apartment with 581 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 4 Marine View, Promenade, Cromer is £312,935 and the estimated rental value is £1,289 per month.
Promenade, Cromer, NR27 is located in the borough of North Norfolk within the NR27 postal district.
4 Marine View, Promenade, Cromer has 2 entries in the Land Registry , most recently in March 2015 and a single entry in the EPC database dated December 2014.
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 4 Marine View, Promenade, Cromer is in very good condition we estimate a sale value of £328,582 and a rental value of £1,353 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,030 and a rental value of £1,199 per month.
Over the last 12 months the sale value of 4 Marine View Promenade Cromer has decreased by an estimated £3,137 (1.0%) and its rental value has increased by an estimated £55 per month (4.3%), giving an expected gross yield of 4.9%.
4 Marine View, Promenade, Cromer has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Dec 2014.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4 Marine View, Promenade, Cromer was last sold on 19th March 2015 for £180,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2015, the market for similar properties has risen 53.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Marine View, Promenade, Cromer within a radius of 570 metres over the last 2 years.
The most recent example is 26, Merchants Court, Cromer, NR27 9GW, a leasehold flat which sold for £280,000 on the 23rd April 2021.
Read more about house prices in NR27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Promenade, Cromer, NR27 has a total of 14 addresses. According to our analysis of all the public data, 4 Marine View, Promenade, Cromer is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in NR27.
The closest station to 4 Marine View, Promenade, Cromer is Cromer station which is 600 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 4 Marine View, Promenade, Cromer, 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 4 Marine View, Promenade, Cromer, 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 4 Marine View, Promenade, 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 4 Marine View, Promenade, Cromer, 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 4 Marine View, Promenade, Cromer, 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.
