62b Mill Road

    62B, MILL ROAD, WELLS-NEXT-THE-SEA, WELLS-NEXT-THE-SEA, NR23 1DB

    This flat/maisonette leasehold property on Mill Road last sold in July 2002 for £65,000. Based on price growth in the NR23 district since then, its estimated current value is £196,968 — placing it in the 24th percentile nationally and the 4th percentile within NR23. The property covers 55 m² (592 sq ft), giving an estimated value of £3,581 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £65,000

    Jul 2002

    Estimated Valuation

    £196,968

    Est. £/sq ft

    £333/sq ft

    £3,581/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateJan 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    25 Jul 2002

    £65,000

    17 Aug 1995

    New build

    £32,950

    Key Metrics

    Estimated valuation£196,968
    Value per sq ft / m²£333/sq ft (£3,581/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR23 district percentile4th percentile
    National percentile24th percentile

    District Context — NR23

    NR23 covers the rural areas around Wells-next-the-Sea and Burnham Market in north Norfolk, close to the Norfolk Coast Area of Outstanding Natural Beauty. It is a quieter, post-retirement destination with strong appeal to older buyers seeking countryside living and coastal access.

    Average Property Price - NR23

    £477,953

    78

    National percentile

    Average Net Household Income - NR23

    £38,008

    49

    National percentile

    10-Year Annualised Price Growth - NR23

    2.2%

    12

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR23

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