Average Price for property in Mill Road, Cromer, NR27 is around £180,762 which varies based on type of property you are interested in and ranges from £290,398 for detached house to around £214,553 for semi-detached. Similarly terraced house is around £153,726 and a flat is worth £166,884. Values have been changing and have risen £1,063 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,536 in last 6 months, £12,080 in last 1 year, £17,491 in last 2 years, £19,493 in last 3 years, £20,441 in last 4 years and £20,420 in last 5 years.
Currently average asking price of a property in Mill Road, Cromer, NR27 is around £234,107 based on approximately 5 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 Mill Road, Cromer, NR27 is £180,762. Average asking price is £234,107 while average price paid is £171,300 which is up by £12,080 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 Mill Road, Cromer, NR27 area. In last 1 year alone average price buyer paid is around £171,300 based on approximately 5 sales in Mill Road, Cromer, NR27 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £171,595. 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 £155,029 for 19 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £148,089 per sale.