Property investment stats for Cromer, East of England
A complete guide to property investment in Cromer.
Last updated: 18 September 2025
Investment summary
Cromer sits on the North Norfolk coast and attracts a mature crowd, with the population aged 60 and over in the 98th percentile compared to other areas in Britain. The property market here is shaped by this demographic, as well as a high number of single occupier households in the 97th percentile. Affordability is reasonable for the region, with a price-to-income ratio of 6.4 and a rent-to-income ratio of 23.9%. The median price per square foot stands at £296 per sq ft, and typical asking prices for a three-bedroom house and a two-bedroom flat are £387,500 and £215,000 respectively.
Sales volumes are modest, with 142 transactions annually and properties taking 99 days to sell on average, suggesting a market that moves at a relaxed pace. Recent capital growth has been mixed, with the 1-year figure at -3.9% and the 3-year figure at 1.9%, leading to an annualised growth rate of 0.6%.
Key investment stats for Cromer
Median price per sq ft
£296 / sq ft
Average rental yield
4.4%
Capital growth (1y)
-3.9%
Sales in past year
142
* Property stats calculated for last full calendar year (2024).
Live property stats in Cromer
Live prices in Cromer, East of England
* Extreme prices clipped for legibility
Properties for sale
Median price
£325,000
25% of properties below...
£216,250
75% of properties below...
£425,000
Most expensive property
£1,725,000
Live listings
270
Median days on market
99
Should you invest in Cromer?
Opportunities
- Rental yields are steady, with an average of 4.4% and the top postcode district offering 4.5%.
- The area’s high proportion of private rented housing in the 78th percentile means there is established demand for rental properties.
- The older population and high number of single occupier households may support stable demand for smaller homes and flats.
Risks
- Capital growth has been slow, with a 1-year change of -3.9% and an annualised 3-year rate of 0.6%.
- Liquidity is limited, as indicated by annual sales of 142 and an average of 99 days to sell a property.
- The family and younger adult populations are both in the lowest percentiles, which may limit demand from these groups.
Outlook
Cromer’s property market is likely to remain steady, with little sign of rapid price changes or a surge in demand. The older demographic and high single occupancy rates point to continued demand for smaller properties and rental homes. Investors should expect a slow-moving market, as evidenced by the average time to sell and the number of annual transactions.
Rental yields are likely to hold up, given the area’s established private rental sector and the current average yield of 4.4%. While capital appreciation looks muted based on the recent annualised growth rate of 0.6%, Cromer offers a calm, stable investment environment for those seeking income over quick gains.
Property market trends in Cromer
Average yield (%)
* 2025 data for YTD
Median price per sq ft (£/sq ft)
* 2025 data for YTD
Live properties in Cromer
Investment properties in Cromer, East of England
£385,000 - Guide Price
9 bedroom terraced house for sale
Cabbell Road, Cromer
£535,000
9 bedroom terraced house for sale
Cabbell Road, Cromer, NR27
£325,000
2 bedroom flat for sale
Richmond Court Gardens, Colne Road,...
£50,000 - Offers in Excess of
2 bedroom bungalow for sale
Overstrand Road, Cromer, Norfolk, N...
£350,000 - Guide Price
3 bedroom semi-detached house for sale
Links Avenue, Cromer, NR27
£500,000 - Guide Price
7 bedroom house for sale
Cliff Avenue, Cromer, Norfolk, NR27
£70,000 - Guide Price
1 bedroom flat for sale
Flat 6, Cliffdale, 4 Cabbell Road, ...
Achieved vs asking prices
Key takeaway: Seller's market
Median discounts are small, suggesting a competitive market.
Headline stats
• Median discount: £4,000
• 1 in 4 properties sell at > £15,000 below asking
• 1 in 10 properties sell at > £21,000 below asking
In percentage terms:
• Median discount of 0.7%
• 25% of properties discounted by > 3.1%
• 10% of properties discounted by > 10.3%
Best places to invest in Cromer
Top postcodes for rental yield and (annualised) capital growth
Nearby and related areas
Data sources
GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:
HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.
Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.
Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.
GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.
Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.
HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.
Data is updated continuously, matched across sources and rigorously validated.