18 Mill Road

    18, MILL ROAD, WELLS-NEXT-THE-SEA, NR23 1HB

    This terraced leasehold property on Mill Road last sold in October 2018 for £115,000. Based on price growth in the NR23 district since then, its estimated current value is £75,266 — placing it in the 1st percentile nationally and the 0th percentile within NR23. The property covers 92 m² (990 sq ft), giving an estimated value of £818 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £115,000

    Oct 2018

    Estimated Valuation

    £75,266

    Est. £/sq ft

    £76/sq ft

    £818/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateMay 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Oct 2018

    £115,000

    Key Metrics

    Estimated valuation£75,266
    Value per sq ft / m²£76/sq ft (£818/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR23 district percentile0th percentile
    National percentile1st 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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