Norwich Road, Cromer
HE

Norwich Road, Cromer

By Henleys

£ 200,000

Reviews

3 out of 5 stars

Henleys says ..

** GUIDE PRICE £200,000 - £220,000 ** On the market with no onward chain is this well presented first floor apartment offering two bedrooms and with the benefit of a garage and off road parking, a valuable commodity so close to the town centre. Offered with a long lease and a sh...

Property Oracle says ..

The property is located on Norwich Road in Cromer, Norfolk. Cromer is a popular coastal town, and the proximity to the beach and town centre is a positive aspect of the location. Several schools are within a reasonable distance, including Cromer Academy which has a ‘Good’ Ofsted rating. The nearby train station provides access to other parts of Norfolk and beyond. Based on the provided photos, the property appears to be in generally good condition, though some minor updates or cosmetic improvements may enhance its appeal. The kitchen and bathroom appear functional but could benefit from some modernisation. The property shows signs of wear and tear consistent with its age. The property has a small garden area, which is a positive feature, especially given its location in a town setting. However, the size of the garden is limited. The list price of £200,000 is significantly lower than the average price for properties in the area (£395,257). The average price per square foot in the area is £324, while this property’s price per square foot is considerably lower. However, it’s important to note that the average price per square foot may not be entirely representative due to the lack of sqft data for the nearby properties. The lower price point may reflect the smaller size of the property and the need for some potential modernisation. Considering the location, condition and limited land, the price may represent reasonable value for money, particularly for a buyer seeking a property in Cromer that requires some updating.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
8
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
754.03

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
318,333.00 £
Decreased by 7.87 %
from 345,526.00 £
Est sale value
328,003.05 £
Decreased by 5.23 %
from 346,099.77 £
Average area rental value
1,033.00 £/mo
Increased by 9.20 %
from 946.00 £/mo
Est letting value
754.03 £/mo
Unchanged by 0.00 %
from 754.03 £/mo
Est rental Yield
3.89 %
Increased by 18.24 %
from 3.29 %
Crime Rate
23.00 %
Unchanged by 0.00 %
from 23.00 %

Agent Activity

  • Henleys created the listing.

Nearby Schools

NameTypeOfstedDistance
Cromer AcademyAcademy ConverterGood0.54 KM
Cromer Junior SchoolAcademy Converter0.69 KM
Suffield Park Infant And Nursery School, CromerCommunity SchoolGood0.78 KM
Cromer Children'S CentreChildren's Centre0.86 KM
Argyll HouseOther Independent Special SchoolInadequate3.06 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Oliver Court £ 000.00 KM
Cromer Promenade £ 000.00 KM
Mayfield Drive £ 330,00000.00 KM
Chapel Street £ 000.00 KM
St Oran's Place# £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Roughton Road7297RNR1.12 KM
Cromer7295CMR1.15 KM
West Runton7329WRN6.41 KM
Gunton7299GNT8.52 KM

Nearby Listings

AddressPriceTypeScoreDistance
Norwich Road, Cromer £ 200,000BUY6 / 100.00 KM
Norwich Road, Cromer, Norfolk, NR27 £ 230,000BUY7 / 100.07 KM
Norwich Road, Cromer, Norfolk, NR27 £ 160,000BUY6 / 100.07 KM
Cliff Avenue, CROMER, Norfolk, NR27 £ 270,000BUY8 / 100.11 KM
Cliff Avenue, Cromer, Norfolk, NR27 £ 895,000BUY6 / 100.11 KM

Nearby Properties

AddressPriceDistance
40 Norwich Road £ 440,0000.07 KM
27 Norwich Road £ 254,9500.07 KM
19 Norwich Road £ 420,0000.07 KM
1 Norwich Road £ 355,0000.07 KM
15a Cliff Avenue £ 199,0000.09 KM