2 Theatre Road

    2, THEATRE ROAD, WELLS-NEXT-THE-SEA, NR23 1DS

    This terraced freehold property on Theatre Road last sold in August 2020 for £300,000. Based on price growth in the NR23 district since then, its estimated current value is £272,716 — placing it in the 43rd percentile nationally and the 13th percentile within NR23. The property covers 73 m² (786 sq ft), giving an estimated value of £3,736 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £300,000

    Aug 2020

    Estimated Valuation

    £272,716

    Est. £/sq ft

    £347/sq ft

    £3,736/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateNov 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Aug 2020

    £300,000

    Key Metrics

    Estimated valuation£272,716
    Value per sq ft / m²£347/sq ft (£3,736/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR23 district percentile13th percentile
    National percentile43rd 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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