Flat 2, Lime Tree Court 16
Flat 2, Lime Tree Court 16
Description & Estimates
The public record describes Flat 2, Lime Tree Court 16, Cromer as a modern apartment with 333 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 2, Lime Tree Court 16, Cromer has an estimated sale value of £97,383 and an estimated rental value of £621 per month, assuming reasonable condition and based on the information available.
The apartment sits within Lime Tree Court, Mount Street, Cromer, NR27.
Mount Street, Cromer, NR27 lies in the borough of North Norfolk, within the NR27 postal district.
Our Data Sources
Flat 2, Lime Tree Court 16, Cromer has no records in the the Land Registry and a single entry in the EPC database dated July 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, Lime Tree Court 16, Cromer would be worth £102,253, with a potential rental value of £652 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £90,567, with a rental value of £578 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, Lime Tree Court 16, Cromer has risen by £679 (0.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £34 (5.5%). The property's estimated gross yield is currently 7.7%.
Energy Efficiency
Flat 2, Lime Tree Court 16, Cromer has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of Flat 2, Lime Tree Court 16, Cromer across the last 2 years.
Most recently, Flat 2, 6, Mount Street, Cromer, NR27 9DB, a leasehold flat, sold at £65,000 on the 12th July 2023.
Read more about house prices in NR27.
- Sold Jul 2023£65,000 | 1 Bed Flat6, Mount StreetFlat 2, 6, Mount Street, Cromer, NR27 9DB
- Sold Sep 2022£95,000 | 1 Bed Flat19-21, Cross StreetFlat 6, 19-21, Cross Street, Cromer, NR27 9DE
- Sold Oct 2021£95,000 | 1 Bed FlatAlexandra Court 8-12, Cabbell RoadFlat 1C, Alexandra Court 8-12, Cabbell Road, Cromer, NR27 9HU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, Lime Tree Court 16, Cromer as the 45th largest and the 44th most expensive of the 45 addresses on Mount Street, Cromer, NR27.
Against the NR27 postcode district average, it is £208k less expensive than the typical property.
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Schools Nearby
- 1.0kmSuffield Park Infant and Nursery School, Cromer
- 1.0kmCromer Junior School
- 2.7kmOverstrand, the Belfry, Church of England Voluntary Aided Primary School
- 800mCromer Academy
- 7.0kmSheringham High School
- 13.9kmNorth Walsham High School
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Public Transport Nearby
Cromer station is the nearest stop to Flat 2, Lime Tree Court 16, Cromer at 600 metres away.
- 600mCromer
- 1.4kmRoughton Road
- 3.8kmWest Runton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
