1.9% Below average
Rental Yield in NR23 — WELLS-NEXT-THE-SEA
Rent data based on North Norfolk local authority median. Our methodology
Below average ↓ below East of England average (3.3%)
· ↓ below England average (3.6%)
£450,000
Median Price
£730
Monthly Rent
1.9%
Gross Yield
151
Transactions (3yr)
Price by Property Type
| Type | Median Price | Sales |
|---|---|---|
| Detached | £582,500 | 54 |
| Semi-detached | £395,000 | 31 |
| Terraced | £411,500 | 41 |
| Flat | £372,000 | 11 |
| Other | £575,000 | 14 |
Compare Nearby Postcodes
Compare NR23 side by side →NR23 is part of North Norfolk. View all postcode districts in North Norfolk.
Frequently Asked Questions
What is the rental yield in NR23?
NR23 has a gross rental yield of 1.9%. The median property price is £450,000 with typical monthly rents of £730, based on Land Registry and VOA data.
Is NR23 a good area for buy-to-let?
NR23 yields 1.9%, below the England average of 3.6%. The area may offer stronger capital growth. Compare with other postcodes in North Norfolk for alternatives.
What is the median property price in NR23?
The median property price in NR23 is £450,000, based on 151 Land Registry transactions over 3 years. This compares to £317,500 across North Norfolk as a whole.
Data updated quarterly · Last update: Q1 2026