Welsh Street - NP16 5LN
Key Postcode Insights
NP16 5LN is a residential postcode situated on Welsh Street, Chepstow, NP16 with 26 addresses.
It ranks as the 608th largest and 76th 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 26 properties: 10 houses and 16 flats.
- Ave. Sale Price
- £262,921
- 10 Year change
- up 42.8%
- Ave. Rental Price
- £1,328pcm
- 10 Year change
- up 84.0%
- Ave. £ per ft²
- £322/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
NP16 5LN is a residential postcode situated on Welsh Street, Chepstow, NP16 with 26 addresses.
It ranks as the 608th largest and 76th 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 26 properties: 10 houses and 16 flats.
- Ave. Sale Price
- £262,921
- 10 Year change
- up 42.8%
- Ave. Rental Price
- £1,328pcm
- 10 Year change
- up 84.0%
- Ave. £ per ft²
- £322/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin NP16 5LN
- Second Floor Flat
2 Bed Period Flat
- Huntfield House
Building  |  3 Flats
- Huntfield Lodge
3 Bed Modern House
- Llanover Lodge
5 Bed House
Sales Market Trends
The last sale in NP16 5LN sold for £145,000 on 23rd August 2024. Since then prices are up an average of 0.8%.
The current average value in the postcode is £262,921.
The NP16 5LN Sales Market has increased by 42.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £262,921 |
| June 2025 | 0.2% | £259,615 |
| June 2024 | 1.8% | £259,149 |
| June 2023 | -3% | £254,599 |
| June 2022 | 14% | £262,587 |
| June 2021 | 3.5% | £230,328 |
| June 2020 | 1.1% | £222,582 |
| June 2019 | 3.5% | £220,266 |
| June 2018 | 8.8% | £212,755 |
| June 2017 | 6.2% | £195,568 |
| June 2016 | 6.1% | £184,089 |
| June 2015 | 4% | £173,531 |
| June 2014 | 3.4% | £166,783 |
| June 2013 | -1.4% | £161,351 |
| June 2012 | 0.8% | £163,700 |
| June 2011 | 2.7% | £162,430 |
| June 2010 | 6.4% | £158,236 |
| June 2009 | -12.6% | £148,756 |
| June 2008 | -2.1% | £170,108 |
| June 2007 | 0% | £173,785 |
Rental Market Trends
The current average rental value in the postcode is £1,328.
The NP16 5LN Rental Market has increased by 84.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,328pcm |
| June 2025 | 2.2% | £1,291pcm |
| June 2024 | 5.4% | £1,263pcm |
| June 2023 | 10% | £1,199pcm |
| June 2022 | 13.7% | £1,089pcm |
| June 2021 | 12.7% | £958pcm |
| June 2020 | 9.5% | £850pcm |
| June 2019 | 3.7% | £777pcm |
| June 2018 | 1.8% | £749pcm |
| June 2017 | 2% | £736pcm |
| June 2016 | 5.6% | £721pcm |
| June 2015 | 6.6% | £683pcm |
| June 2014 | 5.8% | £640pcm |
| June 2013 | 2.5% | £605pcm |
| June 2012 | 1.5% | £591pcm |
| June 2011 | 1.2% | £582pcm |
| June 2010 | 2.2% | £576pcm |
| June 2009 | -5.4% | £563pcm |
| June 2008 | -0.2% | £595pcm |
| June 2007 | 0% | £597pcm |
Sales History
The last sale was on 23rd August 2024 for £145,000 and since then the market in the area has increased by 0.8%. The postcode has had a total of 19 sales since 1995.
NP16 5LN has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2024£145,000 | 2 Bed FlatFlat 1, 8, Welsh Street, Chepstow, NP16 5LNFlat 1, 8, Welsh Street, Chepstow, NP16 5LN
- Sold Sep 2022£155,000 | 2 Bed FlatApartment 4, Ocean House 27A, Welsh Street, Chepstow, NP16 5LNApartment 4, Ocean House 27A, Welsh Street, Chepstow, NP16 5LN
- Sold Aug 2022£344,000 | 3 Bed House3 Lyttleton Court, Welsh Street, Chepstow, NP16 5LN3 Lyttleton Court, Welsh Street, Chepstow, NP16 5LN
- Sold Oct 2018£140,000 | 2 Bed Flat2 Lyttleton Court, Welsh Street, Chepstow, NP16 5LN2 Lyttleton Court, Welsh Street, Chepstow, NP16 5LN
- Sold Sep 2018£215,000 | 2 Bed Flat1 Lyttleton Court, Welsh Street, Chepstow, NP16 5LN1 Lyttleton Court, Welsh Street, Chepstow, NP16 5LN
Nearby Postcodes
NP16 5LN is the 608th largest and the 76th most expensive postcode out of the 748 postcodes in the NP16 area.
- NP16 5LP, Welsh Street, Chepstow, NP16NP16 5LP3 Addresses|62 m away
- NP16 5DH, Thomas Street, Chepstow, NP16NP16 5DH7 Addresses|94 m away
- NP16 5JA, Dell View, Chepstow, NP16NP16 5JA12 Addresses|100 m away
- NP16 5LL, Welsh Street, Chepstow, NP16NP16 5LL10 Addresses|115 m away
- NP16 5HZ, Manor Way, Chepstow, NP16NP16 5HZ2 Addresses|122 m away
Property Types
- 1 period house built between 1800 and 1911
- 6 period flats built between 1800 and 1911
- 1 modern house built after 1980
- 14 modern flats built after 1980
- 2 houses of an unknown age
- 2 other addresses of unknown type
- period house (1)
- period flat (6)
- modern house (1)
- modern flat (14)
- house (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (4)
- F (0)
- C (11)
- G (0)
- D (6)
- No EPC (5)
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 Mead1.1 km away
More reading links
Public Transport Nearby
The closest station to NP16 5LN is Chepstow station, which is 500 metres away.
- Chepstow|500 m away
- Caldicot|8.3 km away
- Severn Beach|9.2 km away
- Severn Tunnel Junction|9.4 km away