Every figure on this page comes from the public record: 2,024 sales registered with HM Land Registry in NR23 (Wells-Next-The-Sea) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales data to March 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
NR23 is the postcode district covering Wells-next-the-Sea, Quarles, Warham in Wells-Next-The-Sea. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where NR23 sits
Click the map to open NR23 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.
£375,000median sold price, 2026
-11%five-year change (cash)
71sales in the last 12 months
2.8%gross rental yield (est.)
What a home in NR23 sells for
The 2026 median in NR23 is £375,000, from 13 registered sales; the mean, £406,200, sits modestly above it, the usual shape of a market with an expensive tail.
For scale: the England and Wales median is £274,000, so NR23 trades 37% above the country as a whole.
The price of a typical NR23 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
Price at the timeIn today's money (CPIH)
See this chart as a table
Year
Median (cash)
Median (today's £)
Sales
2026
£375,000
£375,000
13
2025
£443,000
£443,000
69
2024
£475,000
£493,228
50
2023
£465,000
£498,989
55
2022
£499,000
£571,469
50
2021
£421,000
£520,591
91
2020
£455,000
£576,584
63
2019
£450,000
£576,067
54
2018
£440,000
£572,830
85
2017
£400,000
£532,819
75
2016
£347,500
£474,802
81
2015
£362,500
£500,250
78
2014
£358,000
£496,024
82
2013
£300,000
£421,589
53
2012
£260,000
£373,750
41
2011
£257,500
£379,647
45
2010
£265,000
£405,882
51
2009
£285,000
£447,440
65
2008
£276,000
£441,856
58
2007
£272,000
£450,612
76
2006
£215,000
£364,496
53
2005
£207,500
£360,642
50
2004
£190,000
£337,018
63
2003
£188,000
£338,253
77
2002
£160,000
£294,008
78
2001
£130,000
£244,082
71
2000
£98,200
£188,217
58
1999
£77,000
£149,873
80
1998
£69,000
£136,029
67
1997
£60,000
£120,174
81
1996
£60,000
£123,582
62
1995
£60,000
£127,385
49
In cash terms the typical NR23 home went from £60,000 in 1995 to £375,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 194%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2020; the current median sits about 35% below that. Someone who bought at the 2020 peak has not yet seen that price back in real terms.
Year-on-year change in the NR23 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2001 (+32.4% on the year before); the weakest, 2026 (−15.3%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
Period
Cash, per year
Real terms, per year
1 years (since 2025)
−15.3%
−15.3%
5 years (since 2021)
−2.3%
−6.4%
10 years (since 2016)
+0.8%
−2.3%
20 years (since 2006)
+2.8%
+0.1%
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Transaction volumes
How many homes change hands
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The last five years, month by month
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
NR23 recorded 71 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 66 sales a year before the financial crisis and 47 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
What homes rent for around NR23
NR23 falls under North Norfolk, where the ONS puts the average private rent at £860 a month (May 2026 figures). A one-bed averages £619 a month here and a four-or-more-bed £1,349, so size does most of the work in setting the rent.
Average monthly rent by size, North Norfolk
ONS Price Index of Private Rents, May 2026.
Set against the £375,000 median sold price, £860 a month is £10,320 a year, a gross yield of 2.8%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Will NR23 prices rise from here?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 11% over five years in cash but down 28% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
Ladders and snakes: five-year risers and fallers
NR23 ranks 34 of 35 in the NR area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Five-year change in the median, NR area districts
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside NR23, street group by street group
Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.