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According to the public record, 7, Corner Street, Cromer is a period leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Corner Street, Cromer is £164,884 and the estimated rental value is £829 per month.
Corner Street, Cromer, NR27 is located in the borough of North Norfolk within the NR27 postal district.
7, Corner Street, Cromer has 3 entries in the Land Registry , most recently in December 2017 and a single entry in the EPC database dated February 2024.
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.
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 7, Corner Street, Cromer is in very good condition we estimate a sale value of £173,128 and a rental value of £870 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,342 and a rental value of £771 per month.
Over the last 12 months the sale value of 7 Corner Street Cromer has decreased by an estimated £2,452 (1.5%) and its rental value has increased by an estimated £30 per month (3.6%), giving an expected gross yield of 6%.
7, Corner Street, Cromer has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Feb 2024.
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, 7, Corner Street, Cromer was last sold on 28th December 2017 for £147,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2017, the market for similar properties has risen 19.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Corner Street, Cromer within a radius of 540 metres over the last 2 years.
The most recent example is Cliffdale, 4, Cabbell Road, Cromer, NR27 9HU, a leasehold flat which sold for £221,000 on the 19th September 2024.
Read more about house prices in NR27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corner Street, Cromer, NR27 has a total of 35 addresses. According to our analysis of all the public data, 7, Corner Street, Cromer is the 18th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in NR27.
The closest station to 7, Corner Street, Cromer is Cromer station which is 500 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 7, Corner Street, Cromer, 70.4% of property is privately rented and 19.4% 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 7, Corner Street, Cromer, 5.7% of residents are recorded as possessing school level qualifications and 27.0% 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 7, Corner Street, 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 7, Corner Street, Cromer, 0.6% 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 7, Corner Street, 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.
