Somerset Way - NP16 5NP
Key Postcode Insights
NP16 5NP is a residential postcode situated on Somerset Way, Bulwark, Chepstow, NP16 with 42 addresses.
It ranks as the 708th largest and 107th most expensive of the 748 postcodes in the NP16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 42 properties: 30 houses and 12 flats.
- Ave. Sale Price
- £202,840
- 10 Year change
- up 44.5%
- Ave. Rental Price
- £1,334pcm
- 10 Year change
- up 86.1%
- Ave. £ per ft²
- £272/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Key Postcode Insights
NP16 5NP is a residential postcode situated on Somerset Way, Bulwark, Chepstow, NP16 with 42 addresses.
It ranks as the 708th largest and 107th most expensive of the 748 postcodes in the NP16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 42 properties: 30 houses and 12 flats.
- Ave. Sale Price
- £202,840
- 10 Year change
- up 44.5%
- Ave. Rental Price
- £1,334pcm
- 10 Year change
- up 86.1%
- Ave. £ per ft²
- £272/ft²
- Ave. Gross Yield
- 7.9%/year/yr
Explore Propertiesin NP16 5NP
- 1 Somerset Way
3 Bed Mid-century House
- 2 Somerset Way
Unknown
- 3 Somerset Way
3 Bed Mid-century House
- 4 Somerset Way
3 Bed Mid-century House
- 5 Somerset Way
3 Bed Mid-century House
Sales Market Trends
The last sale in NP16 5NP sold for £245,000 on 7th July 2025. Since then prices are up an average of 1.7%.
The current average value in the postcode is £202,840.
The NP16 5NP Sales Market has increased by 44.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £202,840 |
| June 2025 | 0.6% | £199,621 |
| June 2024 | 1.6% | £198,496 |
| June 2023 | -3.2% | £195,365 |
| June 2022 | 14.6% | £201,747 |
| June 2021 | 3.7% | £176,088 |
| June 2020 | 1.1% | £169,872 |
| June 2019 | 3.5% | £168,011 |
| June 2018 | 8.9% | £162,349 |
| June 2017 | 6.2% | £149,149 |
| June 2016 | 6.1% | £140,375 |
| June 2015 | 4.2% | £132,279 |
| June 2014 | 3.5% | £126,907 |
| June 2013 | -1.5% | £122,672 |
| June 2012 | 0.8% | £124,538 |
| June 2011 | 2.2% | £123,578 |
| June 2010 | 5.5% | £120,886 |
| June 2009 | -13% | £114,591 |
| June 2008 | -2.1% | £131,668 |
| June 2007 | 0% | £134,434 |
Rental Market Trends
The current average rental value in the postcode is £1,334.
The NP16 5NP Rental Market has increased by 86.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,334pcm |
| June 2025 | 2.6% | £1,292pcm |
| June 2024 | 5.2% | £1,260pcm |
| June 2023 | 9.9% | £1,197pcm |
| June 2022 | 14.3% | £1,090pcm |
| June 2021 | 12.7% | £953pcm |
| June 2020 | 9.5% | £845pcm |
| June 2019 | 3.7% | £772pcm |
| June 2018 | 1.8% | £744pcm |
| June 2017 | 2% | £731pcm |
| June 2016 | 5.6% | £717pcm |
| June 2015 | 6.9% | £678pcm |
| June 2014 | 5.8% | £635pcm |
| June 2013 | 2.4% | £600pcm |
| June 2012 | 1.4% | £586pcm |
| June 2011 | 0.8% | £578pcm |
| June 2010 | 1.4% | £573pcm |
| June 2009 | -5.9% | £565pcm |
| June 2008 | -0.2% | £601pcm |
| June 2007 | 0% | £602pcm |
Sales History
The last sale was on 7th July 2025 for £245,000 and since then the market in the area has increased by 1.7%. The postcode has had a total of 35 sales since 1995.
NP16 5NP has seen 6 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£245,000 | 3 Bed House32, Somerset Way, Chepstow, NP16 5NP32, Somerset Way, Chepstow, NP16 5NP
- Sold May 2024£265,000 | 3 Bed House12, Somerset Way, Chepstow, NP16 5NP12, Somerset Way, Chepstow, NP16 5NP
- Sold Jan 2024£210,000 | 3 Bed House8, Somerset Way, Chepstow, NP16 5NP8, Somerset Way, Chepstow, NP16 5NP
- Sold Sep 2023£260,000 | 3 Bed House19, Somerset Way, Chepstow, NP16 5NP19, Somerset Way, Chepstow, NP16 5NP
- Sold Aug 2023£244,000 | 3 Bed House5, Somerset Way, Chepstow, NP16 5NP5, Somerset Way, Chepstow, NP16 5NP
Nearby Postcodes
NP16 5NP is the 708th largest and the 107th most expensive postcode out of the 748 postcodes in the NP16 area.
- NP16 5NT, Thornwell Road, Bulwark, Chepstow, NP16NP16 5NT29 Addresses|64 m away
- NP16 5ZN, Juneberry Drive, Bulwark, Chepstow, NP16NP16 5ZN8 Addresses|98 m away
- NP16 5NN, Western Avenue, Bulwark, Chepstow, NP16NP16 5NN31 Addresses|101 m away
- NP16 5NW, Western Avenue, Bulwark, Chepstow, NP16NP16 5NW37 Addresses|107 m away
- NP16 5NR, Somerset Way, Bulwark, Chepstow, NP16NP16 5NR42 Addresses|114 m away
Property Types
- 26 mid-century houses built between 1936 and 1979
- 12 mid-century flats built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (26)
- mid-century flat (12)
- early-century house (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 40 properties.
- The most common rating is C.
- A (11)
- E (1)
- B (5)
- F (0)
- C (12)
- G (0)
- D (11)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Mar 2020£272,000 | 4 Bed House28, Somerset Way, Chepstow, NP16 5NP28, Somerset Way, Chepstow, NP16 5NP
- Sold May 2024£265,000 | 3 Bed House12, Somerset Way, Chepstow, NP16 5NP12, Somerset Way, Chepstow, NP16 5NP
- Sold Sep 2023£260,000 | 3 Bed House19, Somerset Way, Chepstow, NP16 5NP19, Somerset Way, Chepstow, NP16 5NP
Schools Nearby
Public Transport Nearby
The closest station to NP16 5NP is Chepstow station, which is 1.7 kilometres away.
- Chepstow|1.7 km away
- Severn Beach|7.3 km away
- Caldicot|7.4 km away
- Pilning|8.2 km away
