Average Price for property in Park Road, Cromer, NR27 is around £169,406 which varies based on type of property you are interested in and ranges from £319,323 for detached house to around £287,337 for semi-detached. Similarly terraced house is around £200,781 and a flat is worth £131,236. Values have been changing and have risen £1,007 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,456 in last 6 months, £11,452 in last 1 year, £16,583 in last 2 years, £18,480 in last 3 years, £19,375 in last 4 years and £19,356 in last 5 years.
Currently average asking price of a property in Park Road, Cromer, NR27 is around £234,107 based on approximately 3 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 Park Road, Cromer, NR27 is £169,406. Average asking price is £234,107 while average price paid is £122,833 which is up by £11,452 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 Park Road, Cromer, NR27 area. In last 1 year alone average price buyer paid is around £122,833 based on approximately 3 sales in Park Road, Cromer, NR27 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £152,083. 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 £140,900 for 10 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £164,588 per sale.