Average Price for property in Connaught Road, Cromer, NR27 is around £156,137 which varies based on type of property you are interested in and ranges from £195,621 for detached house to around £162,953 for semi-detached. Similarly terraced house is around £151,065. Values have been changing and have risen £947 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,368 in last 6 months, £10,762 in last 1 year, £15,584 in last 2 years, £17,366 in last 3 years, £18,210 in last 4 years and £18,192 in last 5 years.
Currently average asking price of a property in Connaught Road, Cromer, NR27 is around £234,107 based on approximately 2 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 Connaught Road, Cromer, NR27 is £156,137. Average asking price is £234,107 while average price paid is £166,250 which is up by £10,762 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 Connaught Road, Cromer, NR27 area. In last 1 year alone average price buyer paid is around £166,250 based on approximately 2 sales in Connaught Road, Cromer, NR27 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £133,583. 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 £134,534 for 13 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £133,260 per sale.