Housing Market Analysis for WELLS ROAD, NR23 1NG

Are you looking to understand NR23 1NG house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this North Norfolk postcode.

For the location information and nearby amenities in the NR23 1NG area, explore the NR23 1NG Area information page.
For comprehensive crime statistics in the NR23 1NG area, explore the NR23 1NG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR23 1NG postcode area, The average prices are as follows,

  • Other
    • The average price is around £2,875,000 median price is £2,875,000 Standard Deviation is £0 with Total Sold: 2
    • The Last 5 Year average price is £2,875,000 with Total Sold: 2
    • The most recent sale happened at this postcode is THE KEEP WELLS ROAD: £2,875,000 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is THE KEEP WELLS ROAD: £2,875,000 (Sold on 28 Jul 2023)
  • Detached
    • The average price is around £452,500 median price is £452,500 Standard Deviation is £97,500 with Total Sold: 2
    • The Last 5 Year average price is £550,000 with Total Sold: 1
    • The most recent sale happened at this postcode is GROVE BUNGALOW WELLS ROAD: £550,000 (Sold on 29 Jun 2021)
    • The first recorded sale happened at this postcode is GROVE BUNGALOW WELLS ROAD: £355,000 (Sold on 13 May 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average NR23 1NG house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,875,000 £6,264 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£550,000 £5,093 1
2013£355,000 £3,287 1

All the Sales in the WELLS ROAD, NR23 1NG

See the table below for more details on the sold house prices in the NR23 1NG, North Norfolk postcode.

AddressSold DatePrice% Change
THE KEEP WELLS ROADOther, FreeholdArea: 459 Sq.mtrAge: 2007-201128 Jul 2023£2,875,0000.0
28 Jul 2023£2,875,000First Sale
GROVE BUNGALOW WELLS ROADDetached, FreeholdArea: 108 Sq.mtrAge: 1930-194929 Jun 2021£550,00054.93%
13 May 2013£355,000First Sale

Check out the sold house prices near the NR23 1NG postcode. Properties currently for saleProperties currently for rent

WELLS ROAD, NR23 1NG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR23 1NG postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NR23 1NG postcode.

  • Other
    • The average price is around £2,875,000 median price is £2,875,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £2,875,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE KEEP WELLS ROAD: £2,875,000 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is , THE KEEP WELLS ROAD: £2,875,000 (Sold on 28 Jul 2023)
  • Detached
    • The average price is around £355,996 median price is £355,000 Standard Deviation is £203,852 with Total Sold: 13
    • The Last 5 Year average price is £550,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , GROVE BUNGALOW WELLS ROAD: £550,000 (Sold on 29 Jun 2021)
    • The first recorded sale happened at this postcode is , 29 THE STREET: £100,000 (Sold on 23 Jun 1995)
  • Terraced
    • The average price is around £350,000 median price is £350,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 59 THE STREET: £350,000 (Sold on 17 Jan 2014)
    • The first recorded sale happened at this postcode is , 59 THE STREET: £350,000 (Sold on 17 Jan 2014)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,875,000 £6,264 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£550,000 £5,093 1
2018£472,500 £3,821 2
2016£525,0001
2013£408,750 £3,577 2
2009£772,5001
2007£320,0001
2001£245,000 £2,048 1
2000£159,950 £1,509 1
1997£115,000 £1,085 1
1996£78,000 £619 1
1995£100,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£350,000 £2,778 1

House Type in NR23 1NG area

The most common house types in the NR23 1NG postcode area are Semi-detached (48), Detached (25), and Terraced (5).

Total82
Semi-detached48
Detached25
Terraced5
Flat3
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (22), and Owned: Owns with a mortgage or loan (17).

Private rented: Private landlord or letting agency22
Owned: Owns with a mortgage or loan17
Owned: Owns outright15
Social rented: Other social rented13
Private rented: Other private rented10
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NR23 1NG have 2 people in household (39), and 1 person in household (13).

2 people in household39
1 person in household13
3 people in household13
4 people in household10
5 people in household4
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0