4 Theatre Road

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

    This terraced freehold property on Theatre Road last sold in July 2023 for £495,000. Based on price growth in the NR23 district since then, its estimated current value is £345,502 — placing it in the 58th percentile nationally and the 30th percentile within NR23. The property covers 73 m² (786 sq ft), giving an estimated value of £4,733 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £495,000

    Jul 2023

    Estimated Valuation

    £345,502

    Est. £/sq ft

    £440/sq ft

    £4,733/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateMar 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Jul 2023

    £495,000

    21 Aug 2020

    £310,000

    Key Metrics

    Estimated valuation£345,502
    Value per sq ft / m²£440/sq ft (£4,733/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR23 district percentile30th percentile
    National percentile58th 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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