Values have been changing and have risen £1,083 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,565 in last 6 months, £12,314 in last 1 year, £17,830 in last 2 years, £19,872 in last 3 years, £20,837 in last 4 years and £20,816 in last 5 years.
Currently average asking price of a property in Brook Street, Cromer, NR27 is around £234,107 based on approximately 1 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 Brook Street, Cromer, NR27 is £170,277. Average asking price is £234,107 while average price paid is £124,950 which is up by £12,314 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 Brook Street, Cromer, NR27 area. In last 1 year alone average price buyer paid is around £124,950 based on approximately 1 sales in Brook Street, Cromer, NR27 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £124,950. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £148,233 for 3 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £174,976 per sale.