NR23 1HP is a residential postcode situated on Burnt Street, Wells-Next-The-Sea, NR23 with 10 addresses.
It ranks as the 622nd largest and 868th most expensive of the 1,040 postcodes in the NR23 area.
The postcode contains a total of 10 properties: 10 houses.
NR23 1HP is a residential postcode situated on Burnt Street, Wells-Next-The-Sea, NR23 with 10 addresses.
It ranks as the 622nd largest and 868th most expensive of the 1,040 postcodes in the NR23 area.
The postcode contains a total of 10 properties: 10 houses.
Sale prices range from £299,442 for 3 bedroom freehold houses with a garden (1,087 ft2) to £1,056,598 for 5 bedroom freehold houses with a garden (3,476 ft2) .
Monthly rental prices range from £1,030 pcm for 3 bed houses to £2,828 pcm for 5 bed houses.
The gross rental yield is between 3.2% and 4.1%.
The average value per square foot is £472.
The last sale in NR23 1HP sold for £672,000 on 5th March 2020. Since then prices are up an average of 16.8%.
The current average value in the postcode is £541,145.
The NR23 1HP Sales Market has increased by 35.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.1% | £541,145 |
| April 2025 | 0.2% | £564,491 |
| April 2024 | -3% | £563,121 |
| April 2023 | 0.8% | £580,386 |
| April 2022 | 11.9% | £575,546 |
| April 2021 | 10.5% | £514,225 |
| April 2020 | 2.9% | £465,328 |
| April 2019 | 1.6% | £452,168 |
| April 2018 | 5.5% | £444,962 |
| April 2017 | 5.2% | £421,671 |
| April 2016 | 7.2% | £400,843 |
| April 2015 | 7.1% | £373,970 |
| April 2014 | 3% | £349,273 |
| April 2013 | 4.2% | £339,162 |
| April 2012 | 0.2% | £325,442 |
| April 2011 | 0.4% | £324,946 |
| April 2010 | 6.8% | £323,668 |
| April 2009 | -9.2% | £303,104 |
| April 2008 | 2.3% | £333,881 |
| April 2007 | 0% | £326,429 |
The current average rental value in the postcode is £1,551.
The NR23 1HP Rental Market has increased by 58.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £1,551pcm |
| April 2025 | 6.8% | £1,525pcm |
| April 2024 | 4.1% | £1,428pcm |
| April 2023 | 7.1% | £1,371pcm |
| April 2022 | 9.8% | £1,280pcm |
| April 2021 | 9.5% | £1,166pcm |
| April 2020 | 3.5% | £1,065pcm |
| April 2019 | 0.7% | £1,029pcm |
| April 2018 | 0.5% | £1,022pcm |
| April 2017 | 4% | £1,016pcm |
| April 2016 | 6% | £977pcm |
| April 2015 | 3.4% | £922pcm |
| April 2014 | 2.1% | £892pcm |
| April 2013 | 5.6% | £873pcm |
| April 2012 | -0.4% | £827pcm |
| April 2011 | 1.3% | £830pcm |
| April 2010 | 5.4% | £819pcm |
| April 2009 | -4.6% | £777pcm |
| April 2008 | 6% | £815pcm |
| April 2007 | 0% | £769pcm |
The last sale was on 5th March 2020 for £672,000 and since then the market in the area has increased by 16.8%. The postcode has had a total of 9 sales since 1995.
NR23 1HP has seen no sales in the last three years and no sales in the last twelve months.
NR23 1HP is the 622nd largest and the 868th most expensive postcode out of the 1,040 postcodes in the NR23 area.
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The closest station to NR23 1HP is Sheringham station which is 24.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NR23 1HP, 72.6% of property is privately owned outright and 12.8% is privately rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NR23 1HP, 7.9% of residents are recorded as possessing school level qualifications and 37.6% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NR23 1HP, the average age was 52 and the most common age was 72.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NR23 1HP, 2.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NR23 1HP, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.