Welsh Street - NP16 5LR
Key Postcode Insights
NP16 5LR is a residential postcode situated on Welsh Street, Chepstow, NP16 with 7 addresses.
It ranks as the 244th largest and 52nd most expensive of the 748 postcodes in the NP16 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 7 properties: 3 houses and 4 flats.
- Ave. Sale Price
- £303,827
- 10 Year change
- up 45.6%
- Ave. Rental Price
- £1,179pcm
- 10 Year change
- up 87.6%
- Ave. £ per ft²
- £468/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
NP16 5LR is a residential postcode situated on Welsh Street, Chepstow, NP16 with 7 addresses.
It ranks as the 244th largest and 52nd most expensive of the 748 postcodes in the NP16 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 7 properties: 3 houses and 4 flats.
- Ave. Sale Price
- £303,827
- 10 Year change
- up 45.6%
- Ave. Rental Price
- £1,179pcm
- 10 Year change
- up 87.6%
- Ave. £ per ft²
- £468/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin NP16 5LR
- Castledale
Unknown
- Meridale
4 Bed Period House
- The Lodge
3 Bed Period House
- The Moat House
Building | 4 Flats
Sales Market Trends
The last sale in NP16 5LR sold for £249,950 on 11th January 2007. Since then prices are up an average of 56.7%.
The current average value in the postcode is £303,827.
The NP16 5LR Sales Market has increased by 45.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £303,827 |
| June 2025 | 0.8% | £298,555 |
| June 2024 | 1.5% | £296,197 |
| June 2023 | -3.2% | £291,803 |
| June 2022 | 14.9% | £301,429 |
| June 2021 | 3.6% | £262,315 |
| June 2020 | 1.2% | £253,192 |
| June 2019 | 3.6% | £250,294 |
| June 2018 | 9.1% | £241,712 |
| June 2017 | 6.2% | £221,648 |
| June 2016 | 6% | £208,633 |
| June 2015 | 4.4% | £196,779 |
| June 2014 | 3.4% | £188,548 |
| June 2013 | -1.5% | £182,354 |
| June 2012 | 0.8% | £185,200 |
| June 2011 | 2.3% | £183,746 |
| June 2010 | 5.5% | £179,626 |
| June 2009 | -13% | £170,319 |
| June 2008 | -2.2% | £195,674 |
| June 2007 | 0% | £200,033 |
Rental Market Trends
The current average rental value in the postcode is £1,179.
The NP16 5LR Rental Market has increased by 87.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,179pcm |
| June 2025 | 2.8% | £1,140pcm |
| June 2024 | 5.1% | £1,109pcm |
| June 2023 | 9.9% | £1,055pcm |
| June 2022 | 14.6% | £960pcm |
| June 2021 | 12.8% | £838pcm |
| June 2020 | 9.6% | £743pcm |
| June 2019 | 3.8% | £678pcm |
| June 2018 | 2% | £653pcm |
| June 2017 | 2% | £641pcm |
| June 2016 | 5.6% | £628pcm |
| June 2015 | 7% | £595pcm |
| June 2014 | 5.8% | £556pcm |
| June 2013 | 2.4% | £526pcm |
| June 2012 | 1.5% | £513pcm |
| June 2011 | 0.8% | £506pcm |
| June 2010 | 1.3% | £502pcm |
| June 2009 | -5.9% | £495pcm |
| June 2008 | -0.3% | £526pcm |
| June 2007 | 0% | £528pcm |
Sales History
The last sale was on 11th January 2007 for £249,950 and since then the market in the area has increased by 56.7%. The postcode has had a total of 1 sales since 1995.
NP16 5LR has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
NP16 5LR is the 244th largest and the 52nd most expensive postcode out of the 748 postcodes in the NP16 area.
- NP16 5LP, Welsh Street, Chepstow, NP16NP16 5LP3 Addresses|66 m away
- NP16 5LN, Welsh Street, Chepstow, NP16NP16 5LN26 Addresses|123 m away
- NP16 5SN, St. Kingsmark Avenue, Chepstow, NP16NP16 5SN31 Addresses|129 m away
- NP16 5NF, Mount Way, Chepstow, NP16NP16 5NF42 Addresses|150 m away
- NP16 5JA, Dell View, Chepstow, NP16NP16 5JA12 Addresses|153 m away
Property Types
- 2 period houses built between 1800 and 1911
- 4 period flats built between 1800 and 1911
- 1 other address of unknown type
- period house (2)
- period flat (4)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (0)
- G (0)
- D (3)
- No EPC (1)
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 Mead1.2 km away
More reading links
Public Transport Nearby
The closest station to NP16 5LR is Chepstow station, which is 600 metres away.
- Chepstow|600 m away
- Caldicot|8.3 km away
- Severn Beach|9.3 km away
- Severn Tunnel Junction|9.4 km away