Norfolk
Cromer
development finance.
Expert property development finance in Cromer, Norfolk. Median price £290,000, 1,895 annual sales. We connect developers with competitive funding from 100+ lenders.
- Median price
- £290k
- Sales (12m)
- 1,895
- YoY change
- -3.3%
Cromer, Norfolk
Property finance
in Cromer.
Cromer - north Norfolk coastal town with premium holiday-let market and heritage pier. With a median property price of £290,000 and 1,895 transactions in the last twelve months, Cromer represents a healthy market with prices down 3.3% year-on-year.
Detached homes command a median of £385,000 while flats average £168,250, reflecting the breadth of Cromer's residential market. Terraced houses sit at £225,000, offering developers a range of scheme types from conversions to ground-up residential.
Whether you need development finance for a ground-up scheme, bridging finance to secure a site at auction, or mezzanine finance to stretch your capital stack, our brokers arrange the full range of property finance across Cromer and the wider Norfolk area. Each deal is structured around your specific project, with terms negotiated from our panel of over 100 lenders.
The capital stack
Seven funding routes for
every Cromer scheme.
Senior debt, mezzanine, bridging, equity, refurbishment, commercial mortgages and exit finance — arranged for Cromer developers on the deal, not the product sheet.
Development Finance
Senior debt funding for ground-up residential and commercial developments.
Mezzanine Finance
Stretch your capital stack beyond senior debt to reduce equity requirements.
Bridging Loans
Short-term finance for acquisitions, auction purchases and time-sensitive deals.
Equity & Joint Ventures
Equity partnerships and JV structures for developers seeking capital partners.
Refurbishment Finance
Funding for light and heavy refurbishment projects including conversions.
Commercial Mortgages
Long-term finance for commercial property acquisition and refinancing.
Development Exit Finance
Short-term funding to repay development finance while you sell completed units.
Live market data
Cromer
market snapshot.
HM Land Registry sold-price data for Cromer over the last twelve months, alongside the live local planning pipeline. Updated weekly.
- Median price
- £290,000
- Sales (12m)
- 1,895
- YoY change
- -3.3%
- Approved (recent)
- 100
- Pipeline units
- 1,816
- Pipeline GDV
- £518.1M
Cromer development appraisal
Model the numbers
for your scheme.
Pre-populated with Cromer median prices and typical senior-debt pricing. Adjust the inputs to match your deal and we will hand the working assumptions through to the Deal Room.
Scheme Inputs
Pre-populated with Cromer median prices. Adjust to match your scheme.
Build cost pre-filled at £2,380/sqm (regional benchmark) for a 6-unit scheme. Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →
Capital Structure
Land Registry data
Recent property sales
in Cromer.
1,895 residential transactions in the last twelve months. Median sold price £290,000 (-3.3% YoY). 10 new-build transactions with a +143.6% premium over existing stock.
Detached
£385,000
Semi-Detached
£256,050
Terraced
£225,000
Flat
£168,250
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 24 Jul 2026 | 20, KENWYN CLOSENR25 6RS | Detached | £325,000 | Freehold |
| 23 Jul 2026 | ALONGSIDE, 13, CLIFF ROADNR26 8BJ | Detached | £90,000 | Freehold |
| 23 Jul 2026 | SPRINGFIELD, TOP COMMONNR27 9PR | Detached | £500,000 | Freehold |
| 22 Jul 2026 | 95, GWYN CRESCENTNR21 8NE | Detached | £255,000 | Freehold |
| 21 Jul 2026 | 2, PRIORY ROADNR26 8EW | Semi-Detached | £325,000 | Freehold |
| 20 Jul 2026 | 43, HOVETON PLACENR10 5JS | Terraced | £183,000 | Freehold |
| 17 Jul 2026 | 44, WELLS ROADNR21 9AA | Semi-Detached | £195,000 | Freehold |
| 17 Jul 2026 | 8, HARBORD CLOSENR28 0TA | Semi-Detached | £285,000 | Freehold |
| 17 Jul 2026 | LOW WOOD, THE STREETNR11 7QB | Detached | £325,000 | Freehold |
| 17 Jul 2026 | 1, COLNE HOUSE, COLNE ROADNR27 9DP | Terraced | £284,550 | Freehold |
Planning pipeline
Planning activity
in Cromer.
Recently Approved
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| LA/25/2160 | Conversion of first floor vacant class E space into one two-bedroom self contain… 4 Market Place Fakenham Norfolk NR21 9BA | 1 | £168,250 | Pending | 30/09/2025 |
| PF/25/2381 | Demolition of barns, outbuildings and two storey house and erection of 6no. dwel… 58 Norwich Road North Walsham Norfolk NR28 0DX | - | - | Pending | 27/10/2025 |
| PF/25/2303 | Change of use from holiday let to single dwelling. Alterations to fenestration a… Alton House 6 Alexandra Road Sheringham Norfolk NR26 8HU | 1 | £290,000 | Pending | 14/10/2025 |
| PM/25/2284 | Details of access, appearance, landscaping, layout and scale for village open sp… Land North Of Village Hall Coast Road (southern Part Of Field Along Coast Road) Bacton Norfolk | 47 | £13.6M | Pending | 14/10/2025 |
| PU/25/2201 | Change of use of two agricultural buildings to form 10 dwellings (Class C3), com… Land At The Rear Of 120 The Street Kettlestone NR21 0AU | 10 | £2.9M | Pending | 03/10/2025 |
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| PF/26/1947 | Change of use of land from agricultural to residential garden land, Including th… 17 Halifax Crescent Sculthorpe Fakenham Norfolk NR21 7PS | 1 | £290,000 | Pending | 14/09/2026 |
| PF/26/1868 | Conversion of attached cart shed barn to additional living space for dwelling. A… Great Barn Walcott Road Bacton Norwich Norfolk NR12 0EY | 1 | £290,000 | Pending | 03/09/2026 |
| PF/26/1858 | Hybrid planning application seeking: 1) Full application for erection of pumping… Land North Of Uplands Tunstead Road Hoveton Norfolk | 238 | £69.0M | Pending | 28/08/2026 |
| RV/26/1835 | Construction of 38 residential dwellings with associated infrastructure and land… Land Off Norwich Road Corpusty Norfolk | 38 | £11.0M | Pending | 27/08/2026 |
| PF/26/1821 | Conversion of existing building to form three self-contained residential flats (… 39 Cabbell Road Cromer Norfolk NR27 9HX | 3 | £504,750 | Pending | 25/08/2026 |
Source: HM Land Registry price paid data, 12 months to September 2026 · North Norfolk District Council planning register, retrieved September 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.
Common questions
Property finance in Cromer
— answered.
What is the average property price in Cromer?
Is Cromer a good area for property development?
What types of property finance are available in Cromer?
How do I apply for development finance in Cromer?
What are typical development finance rates in Cromer?
Expert guides
Further reading
on development finance.
Where we fund
Cromer,
Norfolk.
Nearby markets
Adjacent towns
we also fund.
Norwich
Median · £230,000
Cathedral city with university growth, Anglia Square regeneration, and strong independent cultural economy
Great Yarmouth
Median · £205,000
Coastal town with offshore energy employment, Town Deal regeneration, and affordable values
King's Lynn
Median · £262,080
West Norfolk market town with heritage waterfront and growing residential demand
Thetford
Median · £240,000
Breckland town with major SUE growth area delivering 5,000+ new homes
Wymondham
Median · £297,500
South Norfolk market town with Norwich commuter demand and growing town expansion
Dereham
Median · £270,000
Mid-Norfolk market town with affordable values and growing residential demand
Ready when you are
Tell us the deal.
We’ll recommend the structure.
Submit your development finance enquiry in Cromer and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.