Mill Road - NR23 1BZ
Key Postcode Insights
NR23 1BZ is a residential postcode situated on Mill Road, Wells-Next-The-Sea, NR23 with 10 addresses.
It ranks as the 617th largest and 629th 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 10 properties: 8 houses and 2 flats.
- Ave. Sale Price
- £354,149
- 10 Year change
- up 27.1%
- Ave. Rental Price
- £1,132pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £490/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Key Postcode Insights
NR23 1BZ is a residential postcode situated on Mill Road, Wells-Next-The-Sea, NR23 with 10 addresses.
It ranks as the 617th largest and 629th 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 10 properties: 8 houses and 2 flats.
- Ave. Sale Price
- £354,149
- 10 Year change
- up 27.1%
- Ave. Rental Price
- £1,132pcm
- 10 Year change
- up 52.3%
- Ave. £ per ft²
- £490/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Explore Propertiesin NR23 1BZ
- 1 Council Houses Mill Road
2 Bed Period House
- 2 Council Houses Mill Road
3 Bed Period House
- 3 Council Houses Mill Road
3 Bed House
- 4 Council Houses Mill Road
3 Bed Mid-century House
- 82 Mill Road
3 Bed Mid-century House
Sales Market Trends
The last sale in NR23 1BZ sold for £400,000 on 14th February 2025. Since then prices are down an average of 5.8%.
The current average value in the postcode is £354,149.
The NR23 1BZ Sales Market has increased by 27.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.6% | £354,149 |
| June 2025 | -0.8% | £371,215 |
| June 2024 | -2.7% | £374,321 |
| June 2023 | -1.2% | £384,588 |
| June 2022 | 10.2% | £389,341 |
| June 2021 | 10% | £353,166 |
| June 2020 | 4.1% | £320,985 |
| June 2019 | 0.2% | £308,462 |
| June 2018 | 6% | £307,902 |
| June 2017 | 4.2% | £290,415 |
| June 2016 | 5.9% | £278,710 |
| June 2015 | 6.4% | £263,138 |
| June 2014 | 2.9% | £247,234 |
| June 2013 | -0.1% | £240,320 |
| June 2012 | 2.7% | £240,526 |
| June 2011 | -1.1% | £234,269 |
| June 2010 | 7.4% | £236,967 |
| June 2009 | -8% | £220,593 |
| June 2008 | -0.8% | £239,803 |
| June 2007 | 0% | £241,769 |
Rental Market Trends
The current average rental value in the postcode is £1,132.
The NR23 1BZ Rental Market has increased by 52.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,132pcm |
| June 2025 | 6.5% | £1,109pcm |
| June 2024 | 4.6% | £1,041pcm |
| June 2023 | 4.7% | £996pcm |
| June 2022 | 9.8% | £951pcm |
| June 2021 | 8.4% | £866pcm |
| June 2020 | 4.3% | £799pcm |
| June 2019 | 0.9% | £766pcm |
| June 2018 | -0.2% | £759pcm |
| June 2017 | 2.3% | £760pcm |
| June 2016 | 5.6% | £743pcm |
| June 2015 | 3.2% | £704pcm |
| June 2014 | 1.4% | £682pcm |
| June 2013 | 2.1% | £672pcm |
| June 2012 | 0.3% | £658pcm |
| June 2011 | 0.4% | £656pcm |
| June 2010 | 6.1% | £654pcm |
| June 2009 | -4.5% | £616pcm |
| June 2008 | 4.5% | £645pcm |
| June 2007 | 0% | £617pcm |
Sales History
The last sale was on 14th February 2025 for £400,000 and since then the market in the area has decreased by 5.8%. The postcode has had a total of 5 sales since 1995.
NR23 1BZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2025£400,000 | 3 Bed House82, Mill Road, Wells-Next-The-Sea, NR23 1BZ82, Mill Road, Wells-Next-The-Sea, NR23 1BZ
- Sold Apr 2018£336,000 | 3 Bed House88, Mill Road, Wells-Next-The-Sea, NR23 1BZ88, Mill Road, Wells-Next-The-Sea, NR23 1BZ
- Sold Jul 2013£185,500 | 3 Bed House3 Council Houses, Mill Road, Wells-Next-The-Sea, NR23 1BZ3 Council Houses, Mill Road, Wells-Next-The-Sea, NR23 1BZ
- Sold Aug 2007£355,000 | 3 Bed Flat90, Mill Road, Wells-Next-The-Sea, NR23 1BZ90, Mill Road, Wells-Next-The-Sea, NR23 1BZ
- Sold Jun 2001£113,500 | 3 Bed House86, Mill Road, Wells-Next-The-Sea, NR23 1BZ86, Mill Road, Wells-Next-The-Sea, NR23 1BZ
Nearby Postcodes
NR23 1BZ is the 617th largest and the 629th most expensive postcode out of the 1,040 postcodes in the NR23 area.
- NR23 1BY, Westfield Avenue, Wells-Next-The-Sea, NR23NR23 1BY28 Addresses|107 m away
- NR23 1RE, Mill Road, Wells-Next-The-Sea, NR23NR23 1RE9 Addresses|138 m away
- NR23 1DB, Mill Road, Wells-Next-The-Sea, NR23NR23 1DB13 Addresses|159 m away
- NR23 1BX, Russell Close, Wells-Next-The-Sea, NR23NR23 1BX20 Addresses|161 m away
- NR23 1DZ, Claxtons Yard, Wells-Next-The-Sea, NR23NR23 1DZ5 Addresses|171 m away
Property Types
- 3 period houses built between 1800 and 1911
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 flat of an unknown age
- 3 other addresses of unknown type
- period house (3)
- mid-century house (2)
- house (1)
- flat (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (1)
- C (2)
- G (0)
- D (2)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Jan 2023£1,318,497 | 3 Bed House50, Mill Road, Wells-Next-The-Sea, NR23 1DB50, Mill Road, Wells-Next-The-Sea, NR23 1DB
- Sold Nov 2021£925,000 | 5 Bed House23, Mill Road, Wells-Next-The-Sea, NR23 1HE23, Mill Road, Wells-Next-The-Sea, NR23 1HE
- Sold Nov 2020£799,995 | 5 Bed House23, Mill Road, Wells-Next-The-Sea, NR23 1HE23, Mill Road, Wells-Next-The-Sea, NR23 1HE
Schools Nearby
- Wells-Next-the-Sea Primary and Nursery School1.1 km away
- Walsingham CE VA Primary School6.7 km away
- Burnham Market Primary and Nursery School7.3 km away
- Alderman Peel High School900 m away
- Fakenham Academy12.7 km away
- Smithdon High School23.3 km away
More reading links
Public Transport Nearby
The closest station to NR23 1BZ is Sheringham station, which is 24.7 kilometres away.
- Sheringham|24.7 km away
- West Runton|27.1 km away
- Cromer|30.3 km away
- Roughton Road|30.9 km away
