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According to the public record, Flat 2, Gordon House, Cromer is a period leasehold apartment with 1,367 ft2 of internal area.
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 2, Gordon House, Cromer is £222,316 and the estimated rental value is £1,046 per month.
The apartment is within Gordon House, Meadow Road, Cromer, NR27.
Meadow Road, Cromer, NR27 is located in the borough of North Norfolk within the NR27 postal district.
Flat 2, Gordon House, Cromer has a single entry in the Land Registry from August 2009 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2, Gordon House, Cromer is in very good condition we estimate a sale value of £233,432 and a rental value of £1,098 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,754 and a rental value of £972 per month.
Over the last 12 months the sale value of Flat 2 Gordon House Cromer has decreased by an estimated £3,889 (1.7%) and its rental value has increased by an estimated £31 per month (2.9%), giving an expected gross yield of 5.6%.
Flat 2, Gordon House, Cromer has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Jan 2022.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, Gordon House, Cromer was last sold on 21st August 2009 for £132,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2009, the market for similar properties has risen 91.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Gordon House, Cromer within a radius of 450 metres over the last 2 years.
The most recent example is 11, Bond Street, Cromer, NR27 9DA, a leasehold flat which sold for £291,000 on the 24th May 2024.
Read more about house prices in NR27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadow Road, Cromer, NR27 has a total of 14 addresses. According to our analysis of all the public data, Flat 2, Gordon House, Cromer is the 5th largest and the 10th 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 2, Gordon House, Cromer is Cromer station which is 200 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 Flat 2, Gordon House, Cromer, 54.6% of property is privately rented and 28.5% 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 Flat 2, Gordon House, Cromer, 6.7% of residents are recorded as possessing school level qualifications and 29.1% 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 Flat 2, Gordon House, 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 2, Gordon House, Cromer, 3.5% 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 2, Gordon House, Cromer, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
