Welsh Street - NP16 5LL
Key Postcode Insights
NP16 5LL is a residential postcode situated on Welsh Street, Chepstow, NP16 with 10 addresses.
It ranks as the 332nd largest and 27th most expensive of the 748 postcodes in the NP16 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 10 properties: 10 flats.
- Ave. Sale Price
- £181,910
- 10 Year change
- up 32.9%
- Ave. Rental Price
- £978pcm
- 10 Year change
- up 71.3%
- Ave. £ per ft²
- £253/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
NP16 5LL is a residential postcode situated on Welsh Street, Chepstow, NP16 with 10 addresses.
It ranks as the 332nd largest and 27th most expensive of the 748 postcodes in the NP16 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 10 properties: 10 flats.
- Ave. Sale Price
- £181,910
- 10 Year change
- up 32.9%
- Ave. Rental Price
- £978pcm
- 10 Year change
- up 71.3%
- Ave. £ per ft²
- £253/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin NP16 5LL
Sales Market Trends
The last sale in NP16 5LL sold for £170,000 on 2nd September 2019. Since then prices are down an average of 0.0%.
The current average value in the postcode is £181,910.
The NP16 5LL Sales Market has increased by 32.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £181,910 |
| June 2025 | -1.1% | £178,847 |
| June 2024 | 2.6% | £180,776 |
| June 2023 | -3.2% | £176,144 |
| June 2022 | 10.8% | £181,972 |
| June 2021 | 2.3% | £164,195 |
| June 2020 | 0.9% | £160,432 |
| June 2019 | 3% | £158,936 |
| June 2018 | 7.5% | £154,287 |
| June 2017 | 4.9% | £143,532 |
| June 2016 | 5.7% | £136,863 |
| June 2015 | 3.4% | £129,507 |
| June 2014 | 3% | £125,241 |
| June 2013 | -2% | £121,568 |
| June 2012 | 0% | £124,092 |
| June 2011 | 2.3% | £124,143 |
| June 2010 | 6.1% | £121,305 |
| June 2009 | -12.9% | £114,338 |
| June 2008 | -2.1% | £131,296 |
| June 2007 | 0% | £134,099 |
Rental Market Trends
The current average rental value in the postcode is £978.
The NP16 5LL Rental Market has increased by 71.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £978pcm |
| June 2025 | 0.9% | £947pcm |
| June 2024 | 6.2% | £938pcm |
| June 2023 | 9.9% | £883pcm |
| June 2022 | 10.5% | £804pcm |
| June 2021 | 11.4% | £727pcm |
| June 2020 | 9.3% | £653pcm |
| June 2019 | 3.2% | £597pcm |
| June 2018 | 0.5% | £578pcm |
| June 2017 | 0.7% | £575pcm |
| June 2016 | 5.2% | £571pcm |
| June 2015 | 6% | £543pcm |
| June 2014 | 5.4% | £512pcm |
| June 2013 | 1.8% | £486pcm |
| June 2012 | 0.6% | £477pcm |
| June 2011 | 0.9% | £474pcm |
| June 2010 | 1.9% | £470pcm |
| June 2009 | -5.8% | £461pcm |
| June 2008 | -0.2% | £489pcm |
| June 2007 | 0% | £490pcm |
Sales History
The last sale was on 2nd September 2019 for £170,000 and since then the market in the area has remained stable. The postcode has had a total of 9 sales since 1995.
NP16 5LL has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2019£170,000 | 2 Bed FlatFlat 1, Tewdric House 22, Welsh Street, Chepstow, NP16 5LLFlat 1, Tewdric House 22, Welsh Street, Chepstow, NP16 5LL
- Sold Sep 2019£170,000 | 2 Bed FlatFlat 2, Tewdric House 22, Welsh Street, Chepstow, NP16 5LLFlat 2, Tewdric House 22, Welsh Street, Chepstow, NP16 5LL
- Sold Sep 2019£180,000 | 2 Bed FlatFlat 3, Tewdric House 22, Welsh Street, Chepstow, NP16 5LLFlat 3, Tewdric House 22, Welsh Street, Chepstow, NP16 5LL
- Sold Sep 2019£180,000 | 2 Bed FlatFlat 4, Tewdric House 22, Welsh Street, Chepstow, NP16 5LLFlat 4, Tewdric House 22, Welsh Street, Chepstow, NP16 5LL
- Sold Sep 2019£170,000 | 2 Bed FlatFlat 5, Tewdric House 22, Welsh Street, Chepstow, NP16 5LLFlat 5, Tewdric House 22, Welsh Street, Chepstow, NP16 5LL
Nearby Postcodes
NP16 5LL is the 332nd largest and the 27th most expensive postcode out of the 748 postcodes in the NP16 area.
- NP16 5DB, Moor Street, Chepstow, NP16NP16 5DB20 Addresses|36 m away
- NP16 5EL, Bank Street, Chepstow, NP16NP16 5EL3 Addresses|52 m away
- NP16 5DA, Albion Square, Chepstow, NP16NP16 5DA2 Addresses|60 m away
- NP16 5HZ, Manor Way, Chepstow, NP16NP16 5HZ2 Addresses|67 m away
- NP16 5LJ, High Street, Chepstow, NP16NP16 5LJ4 Addresses|69 m away
Property Types
- 8 modern flats built after 1980
- 2 other addresses of unknown type
- modern flat (8)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (8)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jun 2023£815,000 | 4 Bed HouseWillowmead, Welsh Street, Chepstow, NP16 5LSWillowmead, Welsh Street, Chepstow, NP16 5LS
- Sold Dec 2024£787,500 | 5 Bed HouseSuffolk House, Welsh Street, Chepstow, NP16 5LUSuffolk House, Welsh Street, Chepstow, NP16 5LU
- Sold Dec 2020£700,000 | 5 Bed HouseMoreton, Welsh Street, Chepstow, NP16 5LUMoreton, Welsh Street, Chepstow, NP16 5LU
Schools Nearby
- Lift Offa's Mead1.0 km away
More reading links
Public Transport Nearby
The closest station to NP16 5LL is Chepstow station, which is 400 metres away.
- Chepstow|400 m away
- Caldicot|8.3 km away
- Severn Beach|9.1 km away
- Severn Tunnel Junction|9.4 km away
