Flat 2, 16
Flat 2, 16
Description & Estimates
Flat 2, 16, St. Marys Road, Cromer is described in the public record as a period apartment with 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 2, 16, St. Marys Road, Cromer is £124,763 and its rental estimate is £755 per month, given the available information and assuming reasonable condition.
16, St. Marys Road is a residential building on St. Marys Road, Cromer, NR27 and falls within the NR27 postal district and the borough of North Norfolk.
Our Data Sources
Flat 2, 16, St. Marys Road, Cromer has no records in the the Land Registry and a single entry in the EPC database dated May 2021.
We combine this information with public data 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, 16, St. Marys Road, Cromer, we estimate a market value of £131,001 and a rental value of £792 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £116,030 and £702 per month respectively.
Recent Market Change
Over the last year, Flat 2, 16, St. Marys Road, Cromer has seen its estimated sale value grow by £795 (0.6%) and its estimated rental value climb by £41 per month (5.4%). This results in an estimated gross rental yield of 7.3%.
Energy Efficiency
Flat 2, 16, St. Marys Road, Cromer has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 16, St. Marys Road, Cromer have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th September 2023, was Flat 45, Homecolne House, Louden Road, Cromer, NR27 9EF, a leasehold flat which sold for £85,000.
Read more about house prices in NR27.
- Sold Sep 2023£85,000 | 2 Bed FlatHomecolne House, Louden RoadFlat 45, Homecolne House, Louden Road, Cromer, NR27 9EF
- Sold Sep 2023£112,500 | 2 Bed FlatHomecolne House, Louden RoadFlat 14, Homecolne House, Louden Road, Cromer, NR27 9EF
- Sold Jul 2021£125,000 | 2 Bed FlatHomecolne House, Louden RoadFlat 15, Homecolne House, Louden Road, Cromer, NR27 9EF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 107 addresses on St. Marys Road, Cromer, NR27, Flat 2, 16, St. Marys Road, Cromer comes out as the 89th largest and the 93rd most expensive in our analysis of the public data.
It is also £181k less expensive than the average property across the NR27 district.
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Schools Nearby
- 700mCromer Junior School
- 700mSuffield Park Infant and Nursery School, Cromer
- 2.6kmOverstrand, the Belfry, Church of England Voluntary Aided Primary School
- 600mCromer Academy
- 7.0kmSheringham High School
- 13.7kmNorth Walsham High School
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Public Transport Nearby
From Flat 2, 16, St. Marys Road, Cromer, the nearest station is Cromer, 600 metres away.
- 600mCromer
- 1.1kmRoughton Road
- 3.8kmWest Runton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
