Average Price for property in Compit Hills, Cromer, NR27 is around £282,213 which varies based on type of property you are interested in and ranges from £283,290 for detached house to around £204,550 for semi-detached. Similarly terraced house is around £294,298. Values have been changing and have risen £1,637 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,365 in last 6 months, £18,602 in last 1 year, £26,933 in last 2 years, £30,013 in last 3 years, £31,465 in last 4 years and £31,432 in last 5 years.
Currently average asking price of a property in Compit Hills, Cromer, NR27 is around £234,107 based on approximately 8 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 Compit Hills, Cromer, NR27 is £282,213. Average asking price is £234,107 while average price paid is £224,493 which is up by £18,602 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 Compit Hills, Cromer, NR27 area. In last 1 year alone average price buyer paid is around £224,493 based on approximately 8 sales in Compit Hills, Cromer, NR27 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £205,236. 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 £207,399 for 33 and average amount paid for purchase of approx. 39 properties sold in last 7 years comes to about £210,094 per sale.