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Wells-next-the-Sea House Prices

The average house price in Wells-next-the-Sea is £482,000 using HM Land Registry data.

The average property price increased by £4,961 (1.05%) over the last 5 years and increased by £992 (0.21%) over the last 12 months.

Over the last year, there were 36 residential property sales – an increase of 1 transactions (2.78%) relative to the previous year. The majority of house sales (10) were in the £352,000 - £454,000 range. Then came properties in the £556,000 - £658,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-24,000 (-4%).

In Nov 2025, there were 7 new estate agency instructions, 2 agreed home sales and property price reductions.

5-Year Average Property Prices in Wells-next-the-Sea

1.05%

Property prices in Wells-next-the-Sea increased by 1.05% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Wells-next-the-Sea Over the Last Year

0.21%

Property prices in Wells-next-the-Sea increased by 0.21% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Wells-next-the-Sea - Nov 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Wells-next-the-Sea

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Wells-next-the-Sea

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Wells-next-the-Sea

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Wells-next-the-Sea since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Wells-next-the-Sea area since 1995.

Recent Property Sales in Wells-next-the-Sea

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
2 Rectory Close, Wells-next-the-sea, NR23 1NB	£600,000	£600,000	£0	23 Jul 2025	09 Dec 2025	139 Days
2 Flint Drift, Wells-next-the-sea, NR23 1UA	£550,000	£505,000	-£45,000	17 Apr 2025	27 Nov 2025	224 Days
5 Roses Court, Wells-next-the-sea, NR23 1DG	£600,000	£590,000	-£10,000	31 Jan 2025	02 Oct 2025	244 Days
Flintstones, Beldorma Close, Wells-next-the-sea, NR23 1EE	£550,000	£530,000	-£20,000	14 Apr 2025	30 Sep 2025	169 Days
26 Market Lane, Wells-next-the-sea, NR23 1HJ	£225,000	£225,000	£0	25 Mar 2025	29 Aug 2025	157 Days
19 The Glebe, Wells-next-the-sea, NR23 1AZ	£250,000	£250,000	£0	29 Jan 2025	25 Jul 2025	177 Days
Two Ways, East End, Wells-next-the-sea, NR23 1LD	£300,000	£290,000	-£10,000	10 Jan 2025	06 Jun 2025	147 Days
6 Ashburton Close, Wells-next-the-sea, NR23 1QG	£650,000	£615,000	-£35,000	23 May 2024	07 May 2025	349 Days

Most Expensive Streets in Wells-next-the-Sea

Postcode	Street	Area	Average	No. of Sales
NR23 1PX	Home Piece Road	Wells-next-the-sea	£707,499	3
NR23 1HQ	Two Furlong Hill	Wells-next-the-sea	£632,166	3
NR23 1DB	Mill Road	Wells-next-the-sea	£601,250	4
NR23 1EW	High Street	Wells-next-the-sea	£577,666	3
NR23 1FA	Quayside Court	The Quay	£530,000	3
NR23 1BX	Russell Close	Wells-next-the-sea	£522,160	5
NR23 1EN	High Street	Wells-next-the-sea	£512,300	5
NR23 1BA	Freeman Street	Wells-next-the-sea	£505,000	3
NR23 1DQ	Park Road	Wells-next-the-sea	£504,666	3
NR23 1JP	Bolts Close	Wells-next-the-sea	£495,000	3

Least Expensive Streets in Wells-next-the-Sea

Postcode	Street	Area	Average	No. of Sales
NR23 1BY	Westfield Avenue	Wells-next-the-sea	£224,166	3
NR23 1LU	Neilsen Close	Wells-next-the-sea	£226,666	3
NR23 1LN	Knitting Needle Lane	Wells-next-the-sea	£230,833	3
NR23 1LQ	Northfield Lane	Wells-next-the-sea	£264,000	5
NR23 1LJ	Northfield Waye	Wells-next-the-sea	£298,964	7
NR23 1AZ	The Glebe	Wells-next-the-sea	£390,500	5
NR23 1HT	Waveney Close	Wells-next-the-sea	£422,500	3
NR23 1QG	Ashburton Close	Wells-next-the-sea	£423,100	17
NR23 1EQ	Church Plain	Wells-next-the-sea	£441,250	4
NR23 1HJ	Market Lane	Wells-next-the-sea	£454,138	4