Burnt Street - NR23 1HL
Key Postcode Insights
NR23 1HL is a residential postcode situated on Burnt Street, Wells-Next-The-Sea, NR23 with 2 addresses.
It ranks as the 188th largest and 604th most expensive of the 1,040 postcodes in the NR23 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £352,667
- 10 Year change
- up 32.0%
- Ave. Rental Price
- £1,022pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £420/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Key Postcode Insights
NR23 1HL is a residential postcode situated on Burnt Street, Wells-Next-The-Sea, NR23 with 2 addresses.
It ranks as the 188th largest and 604th most expensive of the 1,040 postcodes in the NR23 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £352,667
- 10 Year change
- up 32.0%
- Ave. Rental Price
- £1,022pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £420/ft²
- Ave. Gross Yield
- 3.5%/year/yr
Sales Market Trends
The last sale in NR23 1HL sold for £75,200 on 22nd March 1996. Since then prices are down an average of 0.0%.
The current average value in the postcode is £352,667.
The NR23 1HL Sales Market has increased by 32.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.8% | £352,667 |
| June 2025 | -0.3% | £370,577 |
| June 2024 | -3% | £371,789 |
| June 2023 | -1.1% | £383,094 |
| June 2022 | 11.4% | £387,206 |
| June 2021 | 11% | £347,477 |
| June 2020 | 4.3% | £313,072 |
| June 2019 | 0.2% | £300,202 |
| June 2018 | 6.3% | £299,468 |
| June 2017 | 5.4% | £281,713 |
| June 2016 | 6.6% | £267,252 |
| June 2015 | 6.7% | £250,811 |
| June 2014 | 3% | £234,982 |
| June 2013 | 0.2% | £228,111 |
| June 2012 | 2.7% | £227,691 |
| June 2011 | -0.8% | £221,769 |
| June 2010 | 8.8% | £223,642 |
| June 2009 | -6.6% | £205,509 |
| June 2008 | -0.5% | £220,116 |
| June 2007 | 0% | £221,157 |
Rental Market Trends
The current average rental value in the postcode is £1,022.
The NR23 1HL Rental Market has increased by 58.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,022pcm |
| June 2025 | 7% | £1,004pcm |
| June 2024 | 4.3% | £938pcm |
| June 2023 | 4.9% | £899pcm |
| June 2022 | 11% | £857pcm |
| June 2021 | 9.4% | £772pcm |
| June 2020 | 4.5% | £706pcm |
| June 2019 | 1% | £676pcm |
| June 2018 | 0.1% | £669pcm |
| June 2017 | 3.5% | £668pcm |
| June 2016 | 6.2% | £646pcm |
| June 2015 | 3.5% | £608pcm |
| June 2014 | 1.5% | £587pcm |
| June 2013 | 2.4% | £578pcm |
| June 2012 | 0.3% | £565pcm |
| June 2011 | 0.7% | £563pcm |
| June 2010 | 7.5% | £559pcm |
| June 2009 | -3% | £520pcm |
| June 2008 | 4.8% | £536pcm |
| June 2007 | 0% | £512pcm |
Sales History
The last sale was on 22nd March 1996 for £75,200 and since then the market in the area has remained stable. The postcode has had a total of 1 sale since 1995.
NR23 1HL has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
NR23 1HL is the 188th largest and the 604th most expensive postcode out of the 1,040 postcodes in the NR23 area.
- NR23 1HW, Burnt Street, Wells-Next-The-Sea, NR23NR23 1HW12 Addresses|74 m away
- NR23 1HH, Two Furlong Hill, Wells-Next-The-Sea, NR23NR23 1HH1 Addresses|75 m away
- NR23 1HN, Burnt Street, Wells-Next-The-Sea, NR23NR23 1HN7 Addresses|115 m away
- NR23 1HQ, Two Furlong Hill, Wells-Next-The-Sea, NR23NR23 1HQ10 Addresses|136 m away
- NR23 1HG, Southgate Close, Wells-Next-The-Sea, NR23NR23 1HG16 Addresses|158 m away
Property Types
- 2 other addresses of unknown type
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Nov 2003£706,300 | 5 Bed HouseOstrich House, Burnt Street, Wells-Next-The-Sea, NR23 1HPOstrich House, Burnt Street, Wells-Next-The-Sea, NR23 1HP
- Sold Jul 2016£692,000 | 4 Bed HouseBelmont House, Burnt Street, Wells-Next-The-Sea, NR23 1HPBelmont House, Burnt Street, Wells-Next-The-Sea, NR23 1HP
- Sold Mar 2020£672,000 | 4 Bed HouseBelmont House, Burnt Street, Wells-Next-The-Sea, NR23 1HPBelmont House, Burnt Street, Wells-Next-The-Sea, NR23 1HP
Schools Nearby
- Wells-Next-the-Sea Primary and Nursery School700 m away
- Walsingham CE VA Primary School6.4 km away
- Burnham Market Primary and Nursery School7.6 km away
- Alderman Peel High School400 m away
- Fakenham Academy12.4 km away
- Sheringham High School23.6 km away
More reading links
Public Transport Nearby
The closest station to NR23 1HL 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
