Prince of Wales Road, Cromer, NR27

Street Guide For Prince of Wales Road, Cromer, NR27

 

Prince of Wales Road, Cromer, NR27 Map

Estimated Price: £106,424
Average Asking Price: £234,107
Price change in last one year: £7,468
Average Price Paid: £83,867
Average Rent Rates: £712

 

Property Prices Breakdown in Prince of Wales Road, Cromer, NR27

Average Price for property in Prince of Wales Road, Cromer, NR27 is around £106,424 which varies based on type of property you are interested in and ranges from £352,780 for detached house to around £213,579 for terraced house. Similarly flat is around £97,688. Values have been changing and have risen £657 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £950 in last 6 months, £7,468 in last 1 year, £10,815 in last 2 years, £12,055 in last 3 years, £12,643 in last 4 years and £12,634 in last 5 years.

Currently average asking price of a property in Prince of Wales Road, 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 Prince of Wales Road, Cromer, NR27 is £106,424. Average asking price is £234,107 while average price paid is £82,935 which is up by £7,468 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 Prince of Wales Road, Cromer, NR27 area. In last 1 year alone average price buyer paid is around £82,935 based on approximately 1 sales in Prince of Wales Road, Cromer, NR27 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £81,835. 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 £83,867 for 25 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £82,964 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £105,000, £197,417 for a 2 bedroom house, £224,086 for a 3 bedroom house, £364,400 for a 4 bedroom house and £457,500 for a 5 bedroom house. For a flat similarly the prices varies from £115,333 for a single bedroom to £194,118 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £176,250. To sum up the asking prices for properties in Prince of Wales Road, Cromer, NR27 it comes to around average £114,300 for 1 bedroom property, £194,978 for 2 bedroom, £211,330 for 3 bedroom, £364,400 for 4 bedroom and £457,500 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £650 for 2 bedroom to £883 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £438. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £542. You should be generally be expecting around average £438 rent per month for single bedroom property, £569 for 2 bedroom and approximately £883 for 3 bedroom property in Prince of Wales Road, Cromer, NR27 area.

Popular Houses in Prince of Wales Road, Cromer, NR27

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Prince of Wales Road, Cromer, NR27