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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 1, 10, Park Road, Cromer is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 930 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 10, Park Road, Cromer is £222,051 and the estimated rental value is £911 per month.
The apartment is within 10, Park Road, Cromer, NR27.
Park Road, Cromer, NR27 is located in the borough of North Norfolk within the NR27 postal district.
Flat 1, 10, Park Road, Cromer has 3 entries in the Land Registry , most recently in August 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 3 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 Flat 1, 10, Park Road, Cromer is in very good condition we estimate a sale value of £233,154 and a rental value of £957 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,507 and a rental value of £848 per month.
Over the last 12 months the sale value of Flat 1 10 Park Road Cromer has decreased by an estimated £3,303 (1.5%) and its rental value has increased by an estimated £33 per month (3.6%), giving an expected gross yield of 4.9%.
According to HM Land Registry, Flat 1, 10, Park Road, Cromer was last sold on 17th August 2018 for £210,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2018, the market for similar properties has dropped 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 10, Park Road, Cromer within a radius of 960 metres over the last 2 years.
The most recent example is Flat 1, Trent House 132, Overstrand Road, Cromer, NR27 0DW, a leasehold flat which sold for £254,950 on the 27th November 2018.
Read more about house prices in NR27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Cromer, NR27 has a total of 71 addresses. According to our analysis of all the public data, Flat 1, 10, Park Road, Cromer is the 32nd largest and the 37th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in NR27.
The closest station to Flat 1, 10, Park Road, Cromer is Roughton Road station which is 1.0 kilometres 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 Flat 1, 10, Park 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 Flat 1, 10, Park 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 Flat 1, 10, Park 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 Flat 1, 10, Park 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 Flat 1, 10, Park 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.
