Sell Your
House Fast
Wells-next-the-Sea House Prices 
The average house price in Wells-next-the-Sea is £412,500 using HM Land Registry data.
The average property price decreased by £25,424 (--5.13%) over the last 5 years and decreased by £5,081 (--1.07%) over the last 12 months.
Over the last year, there were 31 residential property sales – a decrease of 3 transactions (-9.68%) relative to the previous year. The majority of house sales (7) were in the £450,000 - £530,000 range. Then came properties in the £290,000 - £370,000 range, where 6 were sold within this price bracket.
Excluding fall throughs, properties are taking an average of 50 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,000 (-4%).
In April 2024, there were 9 new estate agency instructions, 6 agreed home sales and 1 property price reductions.
5-Year Average Property Prices in Wells-next-the-Sea
-5.13%
Property prices in Wells-next-the-Sea decreased by -5.13% in last 5 years.
Average Property Prices in Wells-next-the-Sea Over the Last Year
-1.07%
Property prices in Wells-next-the-Sea decreased by -1.07% in last 12 months.
Property Market Heat Gauge for Wells-next-the-Sea - April 2024
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
No. of Agreed Home Sales Over the Last 12 Months in Wells-next-the-Sea
No. of Properties with Price Reductions in Wells-next-the-Sea
Average Annual House Prices in the Wells-next-the-Sea 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 |
|---|---|---|---|---|---|---|
| 61 Waveney Close, Wells-next-the-sea, Norfolk, NR23 1HU | £425,000 | £425,000 | £00 | 18 Dec 2023 | 28 Feb 2024 | 72 Days |
| 4 Grove Road, Wells-next-the-sea, Norfolk, NR23 1HY | £475,000 | £460,000 | -£15,000 | 13 Sep 2023 | 20 Dec 2023 | 98 Days |
| 11 The Glebe, Wells-next-the-sea, Norfolk, NR23 1AZ | £349,995 | £340,000 | -£9,995 | 15 May 2023 | 02 Nov 2023 | 171 Days |
| 12 Mill Road, Wells-next-the-sea, Norfolk, NR23 1HB | £460,000 | £450,000 | -£10,000 | 25 Jul 2023 | 12 Oct 2023 | 79 Days |
| 8 Mill Road, Wells-next-the-sea, Norfolk, NR23 1HA | £465,000 | £448,000 | -£17,000 | 02 Jun 2023 | 01 Sep 2023 | 91 Days |
| 22 Chapel Yard, Wells-next-the-sea, Norfolk, NR23 1BJ | £499,950 | £487,206 | -£12,744 | 25 May 2023 | 31 Aug 2023 | 98 Days |
| 30 Waveney Close, Wells-next-the-sea, Norfolk, NR23 1HT | £399,950 | £382,500 | -£17,450 | 10 Oct 2022 | 23 Aug 2023 | 317 Days |
| 21 Newgate Lane, Wells-next-the-sea, Norfolk, NR23 1DT | £450,000 | £440,000 | -£10,000 | 28 Mar 2023 | 08 Aug 2023 | 133 Days |
| 2a, Northfield Lane, Wells-next-the-sea, Norfolk, NR23 1JZ | £675,000 | £665,000 | -£10,000 | 05 Apr 2023 | 21 Jul 2023 | 107 Days |
| 4 Theatre Road, Wells-next-the-sea, Norfolk, NR23 1DS | £525,000 | £495,000 | -£30,000 | 30 Nov 2022 | 14 Jul 2023 | 226 Days |
| 38 Theatre Road, Wells-next-the-sea, Norfolk, NR23 1DJ | £475,000 | £455,000 | -£20,000 | 17 Feb 2023 | 30 May 2023 | 102 Days |
| 15 Church Plain, Wells-next-the-sea, Norfolk, NR23 1EQ | £495,000 | £475,000 | -£20,000 | 12 Sep 2022 | 17 Feb 2023 | 158 Days |
| Springbank, 50a, Freeman Street, Wells-next-the-sea, Norfolk, NR23 1BA | £625,000 | £615,000 | -£10,000 | 27 Aug 2022 | 24 Nov 2022 | 89 Days |
| Algerine Cottage, Jolly Sailor Yard, Wells-next-the-sea, Norfolk, NR23 1LA | £695,000 | £675,000 | -£20,000 | 22 Feb 2022 | 14 Oct 2022 | 234 Days |
| Beresford House, Lugger Yard, Wells-next-the-sea, Norfolk, NR23 1BS | £650,000 | £615,000 | -£35,000 | 27 Jun 2022 | 04 Aug 2022 | 38 Days |
| 14 Chapel Yard, Wells-next-the-sea, Norfolk, NR23 1BJ | £500,000 | £495,000 | -£5,000 | 02 Mar 2022 | 27 Jun 2022 | 117 Days |
| 28 Westfield Avenue, Wells-next-the-sea, Norfolk, NR23 1BY | £245,000 | £245,000 | £00 | 20 Jan 2022 | 23 Mar 2022 | 62 Days |
| 7 Gales Road, Wells-next-the-sea, Norfolk, NR23 1DL | £350,000 | £332,000 | -£18,000 | 15 Sep 2021 | 02 Mar 2022 | 168 Days |
| 3 Knitting Needle Lane, Wells-next-the-sea, Norfolk, NR23 1LN | £280,000 | £280,000 | £00 | 21 Jul 2021 | 14 Jan 2022 | 177 Days |
| 10 Chapel Yard, Wells-next-the-sea, Norfolk, NR23 1BJ | £475,000 | £472,000 | -£3,000 | 16 Aug 2021 | 20 Dec 2021 | 126 Days |
Most Expensive Streets in Wells-next-the-Sea
| Postcode | Street | Area | Average | No. of Sales |
|---|---|---|---|---|
| NR23 1LE | East End | Wells-next-the-sea | £926,666 | 3 |
| NR23 1PX | Home Piece Road | Wells-next-the-sea | £713,333 | 3 |
| NR23 1JT | The Granary | The Quay | £656,666 | 3 |
| NR23 1BE | Dogger Lane | Wells-next-the-sea | £655,333 | 3 |
| NR23 1EY | The Buttlands | Wells-next-the-sea | £651,500 | 3 |
| NR23 1EP | High Street | Wells-next-the-sea | £636,666 | 3 |
| NR23 1HQ | Two Furlong Hill | Wells-next-the-sea | £602,166 | 3 |
| NR23 1LA | Jolly Sailor Yard | Wells-next-the-sea | £585,277 | 4 |
| NR23 1RE | Mill Road | Wells-next-the-sea | £585,000 | 3 |
| NR23 1BA | Freeman Street | Wells-next-the-sea | £566,000 | 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 1DF | Tunns Yard | Wells-next-the-sea | £227,966 | 3 |
| NR23 1LJ | Northfield Waye | Wells-next-the-sea | £255,843 | 8 |
| NR23 1LQ | Northfield Lane | Wells-next-the-sea | £264,000 | 5 |
| NR23 1HT | Waveney Close | Wells-next-the-sea | £363,333 | 3 |
| NR23 1HU | Waveney Close | Wells-next-the-sea | £364,166 | 6 |
| NR23 1DS | Theatre Road | Wells-next-the-sea | £368,333 | 3 |
| NR23 1QG | Ashburton Close | Wells-next-the-sea | £376,647 | 19 |
| NR23 1EN | High Street | Wells-next-the-sea | £406,400 | 5 |
| NR23 1AZ | The Glebe | Wells-next-the-sea | £424,375 | 4 |
Explore Wells-next-the-Sea and Neighbouring Area House Prices
Selling?
Get Your FREE
House Valuation Report
