Instant Valuation

In north Norfolk, we have the charms of both rural properties, market town abodes and coastal living along the bejewelled dunes stretching from Cromer to Hunstanton.

At Pure North Norfolk, we love the market towns, the coastal spots and the seaside towns of Wells Next The Sea, Cley, Brancaster, Cromer, Sheringham and Hunstanton. 

Who doesn't?

In this, our latest publication, we thought we'd hold a property magnifying glass up (metaphorically) to the seaside and compare property prices within each town.

Let's start with the biggest coastal towns of north Norfolk - Sheringham, Cromer and Wells.

Can you guess which one has the highest average property price and which the lowest?

Let's get something out of the way immediately though and that's the average property price for Norfolk.

It's £227,000 but a word of warning - this average soars in both Norwich and north Norfolk.

Okay, guessed yet?

Number one is Wells Next the Sea.

Its average property price is just above £400,000, almost twice the Norfolk average, though still cheaper than nearby Burnham Market aka Chelsea on Sea.

The good news for anyone in Wells is that capital growth there was 5% in 2016, meaning if this was replicated this year, the average would hit £420,000.

Number two is Sheringham coming in at an average of £322,000.

As in Wells, Sheringham property sells quickly and it's not difficult to see why. It is a charming town, with a beautiful beach and the second highest point in Norfolk, the aptly named Beeston Bump. The North Norfolk steam railway adds to the town's vintage appeal as does the expansive National Trust park surrounding the area.

Cromer is no slouch, either, in terms of property prices - £289,000 with prices up 6% in the past year alone, with further growth anticipated. It has a charming beach and pier and is famous for its crabs, which nest on the chalk reefs there.

Now what all three have in common, apart from a desirable north Norfolk location, is a pattern of capital growth, outstripping many other parts of Norfolk.

There's an old saying that there's nothing as safe as bricks and mortar and this is amply evident in Cromer, Sheringham and Wells.

If you'd like your property valued in any seaside town of north Norfolk, or indeed inland, get in touch with us today.

You can even do this with our free online valuation tool which gives you a great insight into your property's sale and letting value.

If you'd like more property insights, make sure you follow us too on our Facebook and Twitter feeds, as well as our new Instagram account.

 

Next week, we will look at the market towns of north Norfolk, comparing these with Cromer, Sheringham and Wells.

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