Bases Lane - NR23 1BT
Key Postcode Insights
NR23 1BT is a residential postcode situated on Bases Lane, Wells-Next-The-Sea, NR23 with 9 addresses.
It ranks as the 570th largest and 906th most expensive of the 1,040 postcodes in the NR23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 9 properties: 8 houses and 1 flat.
- Ave. Sale Price
- £568,242
- 10 Year change
- up 26.7%
- Ave. Rental Price
- £1,664pcm
- 10 Year change
- up 51.9%
- Ave. £ per ft²
- £440/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Key Postcode Insights
NR23 1BT is a residential postcode situated on Bases Lane, Wells-Next-The-Sea, NR23 with 9 addresses.
It ranks as the 570th largest and 906th most expensive of the 1,040 postcodes in the NR23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 9 properties: 8 houses and 1 flat.
- Ave. Sale Price
- £568,242
- 10 Year change
- up 26.7%
- Ave. Rental Price
- £1,664pcm
- 10 Year change
- up 51.9%
- Ave. £ per ft²
- £440/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Explore Propertiesin NR23 1BT
- Feilden Cottage
House
- Fountain House
House
- Sonny View
4 Bed Modern House
- West House
Building | 2 Flats
- 10 Bases Lane
4 Bed Period House
Sales Market Trends
The last sale in NR23 1BT sold for £575,000 on 31st July 2024. Since then prices are up an average of 29.4%.
The current average value in the postcode is £568,242.
The NR23 1BT Sales Market has increased by 26.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.7% | £568,242 |
| June 2025 | -0.9% | £596,328 |
| June 2024 | -2.7% | £601,633 |
| June 2023 | -1.1% | £618,525 |
| June 2022 | 10.2% | £625,154 |
| June 2021 | 9.9% | £567,061 |
| June 2020 | 3.7% | £516,086 |
| June 2019 | 0.4% | £497,656 |
| June 2018 | 5.8% | £495,620 |
| June 2017 | 4.4% | £468,256 |
| June 2016 | 6% | £448,323 |
| June 2015 | 6.5% | £422,809 |
| June 2014 | 3.1% | £397,138 |
| June 2013 | 0% | £385,325 |
| June 2012 | 2.3% | £385,454 |
| June 2011 | -0.9% | £376,844 |
| June 2010 | 7.4% | £380,333 |
| June 2009 | -8% | £354,011 |
| June 2008 | -1% | £384,645 |
| June 2007 | 0% | £388,385 |
Rental Market Trends
The current average rental value in the postcode is £1,664.
The NR23 1BT Rental Market has increased by 51.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,664pcm |
| June 2025 | 6.4% | £1,633pcm |
| June 2024 | 4.5% | £1,534pcm |
| June 2023 | 4.9% | £1,468pcm |
| June 2022 | 9.8% | £1,400pcm |
| June 2021 | 8.2% | £1,275pcm |
| June 2020 | 4.1% | £1,178pcm |
| June 2019 | 1.1% | £1,132pcm |
| June 2018 | -0.3% | £1,120pcm |
| June 2017 | 2.6% | £1,124pcm |
| June 2016 | 5.6% | £1,095pcm |
| June 2015 | 3.3% | £1,038pcm |
| June 2014 | 1.5% | £1,004pcm |
| June 2013 | 2% | £989pcm |
| June 2012 | 0.2% | £970pcm |
| June 2011 | 0.7% | £968pcm |
| June 2010 | 6.1% | £962pcm |
| June 2009 | -4.5% | £907pcm |
| June 2008 | 4.2% | £949pcm |
| June 2007 | 0% | £911pcm |
Sales History
The last sale was on 31st July 2024 for £575,000 and since then the market in the area has increased by 29.4%. The postcode has had a total of 4 sales since 1995.
NR23 1BT has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2024£575,000 | 3 Bed House12, Bases Lane, Wells-Next-The-Sea, NR23 1BT12, Bases Lane, Wells-Next-The-Sea, NR23 1BT
- Sold Dec 2023£302,500 | 4 Bed House16, Bases Lane, Wells-Next-The-Sea, NR23 1BT16, Bases Lane, Wells-Next-The-Sea, NR23 1BT
- Sold Jul 2016£390,000 | 3 Bed House12, Bases Lane, Wells-Next-The-Sea, NR23 1BT12, Bases Lane, Wells-Next-The-Sea, NR23 1BT
- Sold Mar 2000£78,500 | 3 Bed House12, Bases Lane, Wells-Next-The-Sea, NR23 1BT12, Bases Lane, Wells-Next-The-Sea, NR23 1BT
Nearby Postcodes
NR23 1BT is the 570th largest and the 906th most expensive postcode out of the 1,040 postcodes in the NR23 area.
- NR23 1DE, Temple Court, Wells-Next-The-Sea, NR23NR23 1DE4 Addresses|35 m away
- NR23 1BU, Bases Lane, Wells-Next-The-Sea, NR23NR23 1BU13 Addresses|57 m away
- NR23 1BB, Freeman Street, Wells-Next-The-Sea, NR23NR23 1BB8 Addresses|61 m away
- NR23 1DH, Bases Lane, Wells-Next-The-Sea, NR23NR23 1DH5 Addresses|64 m away
- NR23 1DA, Laylands Yard, Wells-Next-The-Sea, NR23NR23 1DA5 Addresses|93 m away
Property Types
- 3 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 1 modern house built after 1980
- 3 other addresses of unknown type
- period house (3)
- period flat (2)
- modern house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is F.
- A (0)
- E (1)
- B (0)
- F (2)
- C (1)
- G (0)
- D (1)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Oct 2009£785,000 | 5 Bed House4, Bases Lane, Wells-Next-The-Sea, NR23 1DH4, Bases Lane, Wells-Next-The-Sea, NR23 1DH
- Sold Jul 2024£575,000 | 3 Bed House12, Bases Lane, Wells-Next-The-Sea, NR23 1BT12, Bases Lane, Wells-Next-The-Sea, NR23 1BT
- Sold Sep 2018£520,000 | 4 Bed House8, Bases Lane, Wells-Next-The-Sea, NR23 1DH8, Bases Lane, Wells-Next-The-Sea, NR23 1DH
Schools Nearby
- Wells-Next-the-Sea Primary and Nursery School1.0 km away
- Walsingham CE VA Primary School6.9 km away
- Burnham Market Primary and Nursery School7.5 km away
- Alderman Peel High School900 m away
- Fakenham Academy12.9 km away
- Smithdon High School23.4 km away
More reading links
Public Transport Nearby
The closest station to NR23 1BT is Sheringham station, which is 24.6 kilometres away.
- Sheringham|24.6 km away
- West Runton|26.9 km away
- Cromer|30.2 km away
- Roughton Road|30.8 km away