NP16 5LJ is a residential postcode situated on High Street, Chepstow, NP16 with 4 addresses.
It ranks as the 153rd largest and 275th most expensive of the 748 postcodes in the NP16 area.
The postcode contains a total of 4 properties: 2 houses and 2 flats.
NP16 5LJ is a residential postcode situated on High Street, Chepstow, NP16 with 4 addresses.
It ranks as the 153rd largest and 275th most expensive of the 748 postcodes in the NP16 area.
The postcode contains a total of 4 properties: 2 houses and 2 flats.
Sale prices range from £159,428 for 2 bedroom leasehold flats (738 ft2) to £332,679 for 3 bedroom freehold houses with a garden (710 ft2) .
Monthly rental prices range from £758 pcm for 2 bed flats to £1,371 pcm for 3 bed houses.
The gross rental yield is between 4.9% and 5.7%.
The average value per square foot is £363.
The last sale in NP16 5LJ sold for £350,000 on 24th February 2023. Since then prices are down an average of 0.0%.
The current average value in the postcode is £280,410.
The NP16 5LJ Sales Market has increased by 40.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.2% | £280,410 |
| April 2025 | 1.1% | £283,717 |
| April 2024 | 0.3% | £280,543 |
| April 2023 | 0.6% | £279,683 |
| April 2022 | 10.7% | £277,995 |
| April 2021 | 2.5% | £251,075 |
| April 2020 | 0.9% | £244,887 |
| April 2019 | 4% | £242,705 |
| April 2018 | 8% | £233,318 |
| April 2017 | 8.1% | £216,132 |
| April 2016 | 3.7% | £199,985 |
| April 2015 | 5.8% | £192,880 |
| April 2014 | 0.6% | £182,280 |
| April 2013 | 0.6% | £181,166 |
| April 2012 | 0.3% | £180,158 |
| April 2011 | 3.2% | £179,699 |
| April 2010 | 4.8% | £174,202 |
| April 2009 | -14.5% | £166,235 |
| April 2008 | 0.5% | £194,482 |
| April 2007 | 0% | £193,556 |
The current average rental value in the postcode is £1,180.
The NP16 5LJ Rental Market has increased by 53.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,180pcm |
| April 2025 | 4.2% | £1,148pcm |
| April 2024 | 9.1% | £1,102pcm |
| April 2023 | 6.1% | £1,010pcm |
| April 2022 | 8.6% | £951pcm |
| April 2021 | 4.5% | £876pcm |
| April 2020 | 4.9% | £838pcm |
| April 2019 | 1.8% | £800pcm |
| April 2018 | 0.9% | £786pcm |
| April 2017 | 1.1% | £778pcm |
| April 2016 | 5.5% | £770pcm |
| April 2015 | 4.2% | £730pcm |
| April 2014 | 3.6% | £701pcm |
| April 2013 | 1.5% | £677pcm |
| April 2012 | -0.6% | £666pcm |
| April 2011 | 4.2% | £671pcm |
| April 2010 | 1.4% | £644pcm |
| April 2009 | -9.4% | £635pcm |
| April 2008 | 4.8% | £701pcm |
| April 2007 | 0% | £669pcm |
The last sale was on 24th February 2023 for £350,000 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
NP16 5LJ has seen 1 sale in the last three years and no sales in the last twelve months.
NP16 5LJ is the 153rd largest and the 275th most expensive postcode out of the 748 postcodes in the NP16 area.
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The closest station to NP16 5LJ is Chepstow station which is 300 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NP16 5LJ, 39.3% of property is privately rented and 34.4% is privately owned outright.
The graph below shows how this compares to Wales and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NP16 5LJ, 10.5% of residents are recorded as possessing school level qualifications and 50.3% as possessing degree level qualifications.
The graph below shows how this compares to Wales and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NP16 5LJ, the average age was 42.4 and the most common age was 52.
The graph below shows how this compares to Wales and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NP16 5LJ, 1.1% of property was a second home.
Comparison figures for Wales and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NP16 5LJ, there are an average of 1.1 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.