NP16 5EF is a residential postcode situated on Garden City Way, Chepstow, NP16 with 34 addresses.
It ranks as the 672nd largest and 55th most expensive of the 748 postcodes in the NP16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 34 properties: 2 houses and 32 flats.
NP16 5EF is a residential postcode situated on Garden City Way, Chepstow, NP16 with 34 addresses.
It ranks as the 672nd largest and 55th most expensive of the 748 postcodes in the NP16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 34 properties: 2 houses and 32 flats.
Sale prices range from £154,248 for 2 bedroom leasehold flats (441 ft2) to £248,500 for 3 bedroom freehold houses with a garden (861 ft2) .
Monthly rental prices range from £675 pcm for 2 bed flats to £1,325 pcm for 3 bed houses.
The gross rental yield is between 4.9% and 6.5%.
The average value per square foot is £295.
The last sale in NP16 5EF sold for £175,000 on 1st September 2025. Since then prices are down an average of 1.2%.
The current average value in the postcode is £184,529.
The NP16 5EF Sales Market has increased by 45.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £184,529 |
| April 2025 | 1.7% | £186,015 |
| April 2024 | -0.1% | £182,949 |
| April 2023 | 0.9% | £183,143 |
| April 2022 | 12% | £181,575 |
| April 2021 | 2.9% | £162,136 |
| April 2020 | 1% | £157,569 |
| April 2019 | 4.3% | £156,042 |
| April 2018 | 8.4% | £149,626 |
| April 2017 | 8.5% | £138,084 |
| April 2016 | 3.7% | £127,239 |
| April 2015 | 5.9% | £122,734 |
| April 2014 | 0.6% | £115,947 |
| April 2013 | 0.8% | £115,239 |
| April 2012 | 0.5% | £114,372 |
| April 2011 | 2.7% | £113,796 |
| April 2010 | 4.4% | £110,846 |
| April 2009 | -14.4% | £106,137 |
| April 2008 | 1% | £124,025 |
| April 2007 | 0% | £122,773 |
The current average rental value in the postcode is £799.
The NP16 5EF Rental Market has increased by 58.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £799pcm |
| April 2025 | 4.7% | £774pcm |
| April 2024 | 8.7% | £739pcm |
| April 2023 | 6.4% | £680pcm |
| April 2022 | 9.8% | £639pcm |
| April 2021 | 4.9% | £582pcm |
| April 2020 | 5% | £555pcm |
| April 2019 | 2% | £529pcm |
| April 2018 | 1.3% | £518pcm |
| April 2017 | 1.5% | £512pcm |
| April 2016 | 5.5% | £504pcm |
| April 2015 | 4.3% | £478pcm |
| April 2014 | 3.6% | £459pcm |
| April 2013 | 1.7% | £443pcm |
| April 2012 | -0.4% | £435pcm |
| April 2011 | 3.7% | £437pcm |
| April 2010 | 1.1% | £421pcm |
| April 2009 | -9.3% | £417pcm |
| April 2008 | 5.3% | £460pcm |
| April 2007 | 0% | £436pcm |
The last sale was on 1st September 2025 for £175,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 85 sales since 1995.
NP16 5EF has seen 8 sales in the last three years and 1 sale in the last twelve months.
NP16 5EF is the 672nd largest and the 55th most expensive postcode out of the 748 postcodes in the NP16 area.
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The closest station to NP16 5EF is Chepstow station which is 300 metres away.
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