Mill Road - NR23 1RE
Key Postcode Insights
NR23 1RE is a residential postcode situated on Mill Road, Wells-Next-The-Sea, NR23 with 9 addresses.
It ranks as the 576th largest and 982nd most expensive of the 1,040 postcodes in the NR23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £670,238
- 10 Year change
- up 32.1%
- Ave. Rental Price
- £1,907pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £501/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Key Postcode Insights
NR23 1RE is a residential postcode situated on Mill Road, Wells-Next-The-Sea, NR23 with 9 addresses.
It ranks as the 576th largest and 982nd most expensive of the 1,040 postcodes in the NR23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £670,238
- 10 Year change
- up 32.1%
- Ave. Rental Price
- £1,907pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £501/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Explore Propertiesin NR23 1RE
- Mill Farm
House
- 96 Mill Road
House
- 98 Mill Road
House
- 100 Mill Road
3 Bed Period House
- 102 Mill Road
4 Bed Mid-century House
Sales Market Trends
The last sale in NR23 1RE sold for £450,000 on 18th September 2020. Since then prices are up an average of 8.2%.
The current average value in the postcode is £670,238.
The NR23 1RE Sales Market has increased by 32.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -5.3% | £670,238 |
| June 2025 | -0.3% | £707,873 |
| June 2024 | -2.9% | £709,722 |
| June 2023 | -1% | £731,246 |
| June 2022 | 11.3% | £738,903 |
| June 2021 | 11.3% | £663,686 |
| June 2020 | 4.4% | £596,561 |
| June 2019 | 0.3% | £571,477 |
| June 2018 | 6.3% | £569,938 |
| June 2017 | 5.7% | £536,166 |
| June 2016 | 6.4% | £507,345 |
| June 2015 | 6.6% | £476,829 |
| June 2014 | 3% | £447,338 |
| June 2013 | 0.1% | £434,450 |
| June 2012 | 2.5% | £433,952 |
| June 2011 | -0.5% | £423,290 |
| June 2010 | 9.4% | £425,583 |
| June 2009 | -5.9% | £389,087 |
| June 2008 | -0.3% | £413,570 |
| June 2007 | 0% | £414,645 |
Rental Market Trends
The current average rental value in the postcode is £1,907.
The NR23 1RE Rental Market has increased by 58.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £1,907pcm |
| June 2025 | 7.1% | £1,883pcm |
| June 2024 | 4.3% | £1,758pcm |
| June 2023 | 4.9% | £1,686pcm |
| June 2022 | 10.9% | £1,607pcm |
| June 2021 | 9.7% | £1,449pcm |
| June 2020 | 4.6% | £1,321pcm |
| June 2019 | 1% | £1,263pcm |
| June 2018 | 0.1% | £1,250pcm |
| June 2017 | 3.7% | £1,249pcm |
| June 2016 | 6.1% | £1,205pcm |
| June 2015 | 3.4% | £1,135pcm |
| June 2014 | 1.5% | £1,098pcm |
| June 2013 | 2.3% | £1,082pcm |
| June 2012 | 0.2% | £1,057pcm |
| June 2011 | 1% | £1,056pcm |
| June 2010 | 8.1% | £1,045pcm |
| June 2009 | -2.3% | £967pcm |
| June 2008 | 5.1% | £990pcm |
| June 2007 | 0% | £942pcm |
Sales History
The last sale was on 18th September 2020 for £450,000 and since then the market in the area has increased by 8.2%. The postcode has had a total of 5 sales since 1995.
NR23 1RE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2020£450,000 | 3 Bed House106, Mill Road, Wells-Next-The-Sea, NR23 1RE106, Mill Road, Wells-Next-The-Sea, NR23 1RE
- Sold Jun 2020£775,000 | 4 Bed House108, Mill Road, Wells-Next-The-Sea, NR23 1RE108, Mill Road, Wells-Next-The-Sea, NR23 1RE
- Sold Jul 2019£530,000 | 3 Bed House100, Mill Road, Wells-Next-The-Sea, NR23 1RE100, Mill Road, Wells-Next-The-Sea, NR23 1RE
- Sold Dec 2003£210,000 | 4 Bed House102, Mill Road, Wells-Next-The-Sea, NR23 1RE102, Mill Road, Wells-Next-The-Sea, NR23 1RE
- Sold Jul 2003£220,000 | 4 Bed House104, Mill Road, Wells-Next-The-Sea, NR23 1RE104, Mill Road, Wells-Next-The-Sea, NR23 1RE
Nearby Postcodes
NR23 1RE is the 576th largest and the 982nd most expensive postcode out of the 1,040 postcodes in the NR23 area.
- NR23 1BZ, Mill Road, Wells-Next-The-Sea, NR23NR23 1BZ10 Addresses|138 m away
- NR23 1BY, Westfield Avenue, Wells-Next-The-Sea, NR23NR23 1BY28 Addresses|218 m away
- NR23 1BU, Bases Lane, Wells-Next-The-Sea, NR23NR23 1BU13 Addresses|273 m away
- NR23 1BX, Russell Close, Wells-Next-The-Sea, NR23NR23 1BX20 Addresses|285 m away
- NR23 1DB, Mill Road, Wells-Next-The-Sea, NR23NR23 1DB13 Addresses|297 m away
Property Types
- 1 period house built between 1800 and 1911
- 3 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 4 other addresses of unknown type
- period house (1)
- modern house (3)
- mid-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (2)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (4)
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 School1.2 km away
- Walsingham CE VA Primary School6.8 km away
- Burnham Market Primary and Nursery School7.2 km away
- Alderman Peel High School1.0 km away
- Fakenham Academy12.7 km away
- Smithdon High School23.1 km away
More reading links
Public Transport Nearby
The closest station to NR23 1RE is Sheringham station, which is 24.9 kilometres away.
- Sheringham|24.9 km away
- West Runton|27.2 km away
- Cromer|30.4 km away
- Roughton Road|31.0 km away
