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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Lynewood Close, Cromer is a mid-century freehold house with 839 ft2 of internal area and sits on a 217 m2 plot.
Houses 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, Lynewood Close, Cromer is £226,084 and the estimated rental value is £970 per month.
Lynewood Close, Cromer, NR27 is located in the borough of North Norfolk within the NR27 postal district.
7, Lynewood Close, Cromer has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated June 2016.
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, Lynewood Close, Cromer is in very good condition we estimate a sale value of £237,388 and a rental value of £1,019 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,258 and a rental value of £902 per month.
Over the last 12 months the sale value of 7 Lynewood Close Cromer has decreased by an estimated £6,320 (2.8%) and its rental value has increased by an estimated £23 per month (2.4%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 7, Lynewood Close, Cromer sits on a plot of 217m2.
We have plot size data on 6 out of 19 other houses in the postcode and 7, Lynewood Close, Cromer sits on the 2nd largest plot.
7, Lynewood Close, Cromer has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Jun 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 7, Lynewood Close, Cromer was last sold on 29th September 2023 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has risen 27.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Lynewood Close, Cromer within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 12, Lynewood Close, Cromer, NR27 0ER, a freehold house which sold for £248,000 on the 2nd August 2024.
Read more about house prices in NR27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lynewood Close, Cromer, NR27 has a total of 19 addresses. According to our analysis of all the public data, 7, Lynewood Close, Cromer is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in NR27.
The closest station to 7, Lynewood Close, Cromer is Roughton Road station which is 800 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, Lynewood Close, Cromer, 41.4% of property is socially rented and 27.9% 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, Lynewood Close, Cromer, 24.6% of residents are recorded as possessing school level qualifications and 19.1% 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, Lynewood Close, 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, Lynewood Close, Cromer, 0.0% 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 7, Lynewood Close, Cromer, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
