Beach Road, Cromer, NR27

Street Guide For Beach Road, Cromer, NR27

 

Beach Road, Cromer, NR27 Map

Estimated Price: £113,474
Average Asking Price: £234,107
Price change in last one year: £8,210
Average Price Paid: £88,563
Average Rent Rates: £712

 

Property Prices Breakdown in Beach Road, Cromer, NR27

Average Price for property in Beach Road, Cromer, NR27 is around £113,474 which varies based on type of property you are interested in and ranges from £306,597 for detached house to around £253,020 for terraced house. Similarly flat is around £85,751. Values have been changing and have risen £723 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,045 in last 6 months, £8,210 in last 1 year, £11,890 in last 2 years, £13,251 in last 3 years, £13,894 in last 4 years and £13,881 in last 5 years.

Currently average asking price of a property in Beach Road, Cromer, NR27 is around £234,107 based on approximately 0 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £712 per month.

Estimated property value in Beach Road, Cromer, NR27 is £113,474. Average asking price is £234,107 while average price paid is £88,563 which is up by £13,251 and Avg. asking rent £712.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Beach Road, Cromer, NR27 area. In last 3 years alone average price buyer paid is around £88,563 based on approximately 2 sales in Beach Road, Cromer, NR27 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £88,563. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £72,819 for 9 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £105,000, £197,417 for a 2 bedroom house, £224,086 for a 3 bedroom house, £364,400 for a 4 bedroom house and £457,500 for a 5 bedroom house. For a flat similarly the prices varies from £115,333 for a single bedroom to £194,118 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £176,250. To sum up the asking prices for properties in Beach Road, Cromer, NR27 it comes to around average £114,300 for 1 bedroom property, £194,978 for 2 bedroom, £211,330 for 3 bedroom, £364,400 for 4 bedroom and £457,500 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £650 for 2 bedroom to £883 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £438. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £542. You should be generally be expecting around average £438 rent per month for single bedroom property, £569 for 2 bedroom and approximately £883 for 3 bedroom property in Beach Road, Cromer, NR27 area.

Popular Houses in Beach Road, Cromer, NR27

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Beach Road, Cromer, NR27