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According to the public record, Flat 10, 26, Park Road, Cromer is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 641 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 10, 26, Park Road, Cromer is £179,318 and the estimated rental value is £811 per month.
The apartment is within 26, Park Road, Cromer, NR27.
Park Road, Cromer, NR27 is located in the borough of North Norfolk within the NR27 postal district.
Flat 10, 26, Park Road, Cromer has 2 entries in the Land Registry , most recently in March 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 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 Flat 10, 26, Park Road, Cromer is in very good condition we estimate a sale value of £188,284 and a rental value of £852 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,766 and a rental value of £755 per month.
Over the last 12 months the sale value of Flat 10 26 Park Road Cromer has decreased by an estimated £2,640 (1.5%) and its rental value has increased by an estimated £31 per month (3.8%), giving an expected gross yield of 5.4%.
According to HM Land Registry, Flat 10, 26, Park Road, Cromer was last sold on 26th March 2018 for £125,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2018, the market for similar properties has risen 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 10, 26, Park Road, Cromer within a radius of 1.1 kilometres over the last 2 years.
The most recent example is Flat 4, 10, Park Road, Cromer, NR27 0EA, a leasehold flat which sold for £195,000 on the 8th February 2024.
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 10, 26, Park Road, Cromer is the 52nd largest and the 49th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in NR27.
The closest station to Flat 10, 26, 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 10, 26, 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 10, 26, 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 10, 26, 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 10, 26, 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 10, 26, 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.
