Mill Road - NR23 1HB
Key Postcode Insights
NR23 1HB is a residential postcode situated on Mill Road, Wells-Next-The-Sea, NR23 with 19 addresses.
It ranks as the 861st largest and 668th 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 19 properties: 19 houses.
- Ave. Sale Price
- £391,587
- 10 Year change
- up 31.7%
- Ave. Rental Price
- £1,174pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £372/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Key Postcode Insights
NR23 1HB is a residential postcode situated on Mill Road, Wells-Next-The-Sea, NR23 with 19 addresses.
It ranks as the 861st largest and 668th 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 19 properties: 19 houses.
- Ave. Sale Price
- £391,587
- 10 Year change
- up 31.7%
- Ave. Rental Price
- £1,174pcm
- 10 Year change
- up 57.9%
- Ave. £ per ft²
- £372/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Explore Propertiesin NR23 1HB
- 12 Mill Road
3 Bed Mid-century House
- 14 Mill Road
3 Bed Period House
- 16 Mill Road
3 Bed Period House
- 18 Mill Road
3 Bed Period House
- 20 Mill Road
3 Bed Period House
Sales Market Trends
The last sale in NR23 1HB sold for £450,000 on 12th October 2023. Since then prices are down an average of 6.3%.
The current average value in the postcode is £391,587.
The NR23 1HB Sales Market has increased by 31.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.6% | £391,587 |
| June 2025 | -0.3% | £410,667 |
| June 2024 | -3% | £411,940 |
| June 2023 | -1.1% | £424,852 |
| June 2022 | 11.4% | £429,376 |
| June 2021 | 10.9% | £385,272 |
| June 2020 | 4.2% | £347,308 |
| June 2019 | 0.3% | £333,455 |
| June 2018 | 6.3% | £332,491 |
| June 2017 | 5.2% | £312,665 |
| June 2016 | 6.8% | £297,327 |
| June 2015 | 6.9% | £278,521 |
| June 2014 | 3.1% | £260,563 |
| June 2013 | 0.1% | £252,786 |
| June 2012 | 2.8% | £252,508 |
| June 2011 | -1% | £245,645 |
| June 2010 | 8.8% | £248,193 |
| June 2009 | -6.9% | £228,033 |
| June 2008 | -0.6% | £245,026 |
| June 2007 | 0% | £246,427 |
Rental Market Trends
The current average rental value in the postcode is £1,174.
The NR23 1HB Rental Market has increased by 57.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,174pcm |
| June 2025 | 7% | £1,151pcm |
| June 2024 | 4.2% | £1,075pcm |
| June 2023 | 4.9% | £1,032pcm |
| June 2022 | 11% | £984pcm |
| June 2021 | 9.3% | £886pcm |
| June 2020 | 4.4% | £810pcm |
| June 2019 | 1% | £776pcm |
| June 2018 | 0.1% | £768pcm |
| June 2017 | 3.2% | £767pcm |
| June 2016 | 6.4% | £744pcm |
| June 2015 | 3.7% | £699pcm |
| June 2014 | 1.6% | £674pcm |
| June 2013 | 2.3% | £663pcm |
| June 2012 | 0.4% | £648pcm |
| June 2011 | 0.5% | £645pcm |
| June 2010 | 7.6% | £642pcm |
| June 2009 | -3.3% | £597pcm |
| June 2008 | 4.7% | £618pcm |
| June 2007 | 0% | £590pcm |
Sales History
The last sale was on 12th October 2023 for £450,000 and since then the market in the area has decreased by 6.3%. The postcode has had a total of 9 sales since 1995.
NR23 1HB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Oct 2023£450,000 | 3 Bed House12, Mill Road, Wells-Next-The-Sea, NR23 1HB12, Mill Road, Wells-Next-The-Sea, NR23 1HB
- Sold Oct 2018£115,000 | 3 Bed House18, Mill Road, Wells-Next-The-Sea, NR23 1HB18, Mill Road, Wells-Next-The-Sea, NR23 1HB
- Sold Sep 2017£230,000 | 3 Bed House20, Mill Road, Wells-Next-The-Sea, NR23 1HB20, Mill Road, Wells-Next-The-Sea, NR23 1HB
- Sold Dec 2010£210,000 | 3 Bed House38, Mill Road, Wells-Next-The-Sea, NR23 1HB38, Mill Road, Wells-Next-The-Sea, NR23 1HB
- Sold Mar 2010£93,331 | 3 Bed House16, Mill Road, Wells-Next-The-Sea, NR23 1HB16, Mill Road, Wells-Next-The-Sea, NR23 1HB
Nearby Postcodes
NR23 1HB is the 861st largest and the 668th most expensive postcode out of the 1,040 postcodes in the NR23 area.
- NR23 1DN, Gales Court, Wells-Next-The-Sea, NR23NR23 1DN25 Addresses|40 m away
- NR23 1HD, Mill Road, Wells-Next-The-Sea, NR23NR23 1HD6 Addresses|83 m away
- NR23 1HE, Mill Road, Wells-Next-The-Sea, NR23NR23 1HE5 Addresses|88 m away
- NR23 1DL, Gales Road, Wells-Next-The-Sea, NR23NR23 1DL20 Addresses|111 m away
- NR23 1HA, Mill Road, Wells-Next-The-Sea, NR23NR23 1HA4 Addresses|113 m away
Property Types
- 9 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 8 other addresses of unknown type
- period house (9)
- mid-century house (1)
- house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (5)
- G (0)
- D (4)
- No EPC (9)
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 School700 m away
- Walsingham CE VA Primary School6.6 km away
- Burnham Market Primary and Nursery School7.7 km away
- Alderman Peel High School600 m away
- Fakenham Academy12.7 km away
- Sheringham High School23.5 km away
More reading links
Public Transport Nearby
The closest station to NR23 1HB is Sheringham station, which is 24.4 kilometres away.
- Sheringham|24.4 km away
- West Runton|26.7 km away
- Cromer|29.9 km away
- Roughton Road|30.5 km away
