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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
NP16 5RZHouse Prices / Wales, Monmouthshire, Well Close
Last updated May 2026
Key Postcode Insights
NP16 5RZ is a residential postcode situated on Well Close, Chepstow, NP16 with 6 addresses.
It ranks as the 216th largest and 370th most expensive of the 748 postcodes in the NP16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 6 houses.
6
Properties
- Houses
Key Postcode Insights
NP16 5RZ is a residential postcode situated on Well Close, Chepstow, NP16 with 6 addresses.
It ranks as the 216th largest and 370th most expensive of the 748 postcodes in the NP16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 6 houses.
6
Properties
- Houses
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House Pricesin NP16 5RZ
Sale prices range from £330,670 for 3 bedroom freehold houses with a garden (1,033 ft2) to £371,420 for 4 bedroom freehold houses with a garden (1,270 ft2) .
Monthly rental prices range from £1,481 pcm for 3 bed houses to £1,603 pcm for 4 bed houses.
The gross rental yield is between 5.2% and 5.4%.
The average value per square foot is £295.
Average Sale Value
£354,637
Average Rental Value
£1,551 pcm
Average Rental Yield
5.2% /year
Average Value Per Sqft
£295 /ft2
Sales Market Trendsin NP16 5RZ
The last sale in NP16 5RZ sold for £325,000 on 12th January 2024. Since then prices are up an average of 2.9%.
The current average value in the postcode is £354,637.
The NP16 5RZ Sales Market has increased by 53.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £354,637 |
| April 2025 | 2.1% | £357,443 |
| April 2024 | -0.4% | £350,256 |
| April 2023 | 1.1% | £351,696 |
| April 2022 | 13.8% | £347,949 |
| April 2021 | 3.8% | £305,812 |
| April 2020 | 0.8% | £294,492 |
| April 2019 | 4.9% | £292,120 |
| April 2018 | 9.6% | £278,526 |
| April 2017 | 9.7% | £254,152 |
| April 2016 | 4.1% | £231,612 |
| April 2015 | 6.1% | £222,534 |
| April 2014 | 1.3% | £209,651 |
| April 2013 | 2% | £206,988 |
| April 2012 | 1.7% | £202,909 |
| April 2011 | 2.9% | £199,496 |
| April 2010 | 5.4% | £193,924 |
| April 2009 | -14.4% | £183,950 |
| April 2008 | 1.2% | £214,930 |
| April 2007 | 0% | £212,468 |
Rental Market Trendsin NP16 5RZ
The current average rental value in the postcode is £1,551.
The NP16 5RZ Rental Market has increased by 67.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £1,551pcm |
| April 2025 | 5% | £1,502pcm |
| April 2024 | 8.4% | £1,430pcm |
| April 2023 | 6.7% | £1,320pcm |
| April 2022 | 11.7% | £1,237pcm |
| April 2021 | 5.8% | £1,108pcm |
| April 2020 | 4.8% | £1,047pcm |
| April 2019 | 2.6% | £999pcm |
| April 2018 | 2.4% | £974pcm |
| April 2017 | 2.7% | £950pcm |
| April 2016 | 5.9% | £926pcm |
| April 2015 | 4.6% | £874pcm |
| April 2014 | 4.2% | £836pcm |
| April 2013 | 3% | £802pcm |
| April 2012 | 0.8% | £779pcm |
| April 2011 | 3.9% | £773pcm |
| April 2010 | 2.1% | £744pcm |
| April 2009 | -9.3% | £728pcm |
| April 2008 | 5.4% | £803pcm |
| April 2007 | 0% | £762pcm |
Explore Propertiesin NP16 5RZ, Well Close, Chepstow, NP16
Sales Historyin NP16 5RZ
The last sale was on 12th January 2024 for £325,000 and since then the market in the area has increased by 2.9%. The postcode has had a total of 10 sales since 1995.
NP16 5RZ has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Jan 2024£325,000 | 3 Bed HouseWell Close3, Well Close, Chepstow, NP16 5RZ
Sold Feb 2021£280,000 | 3 Bed HouseWell Close2, Well Close, Chepstow, NP16 5RZ
Sold Sep 2020£290,000 | 3 Bed HouseWell Close2, Well Close, Chepstow, NP16 5RZ
Sold Apr 2017£222,000 | 3 Bed HouseWell Close2, Well Close, Chepstow, NP16 5RZ
Sold Jun 2005£165,000 | 4 Bed HouseWell Close6, Well Close, Chepstow, NP16 5RZ
Sold Nov 2004£180,000 | 4 Bed HouseWell Close6, Well Close, Chepstow, NP16 5RZ
Sold Jan 2004£146,000 | 4 Bed HouseWell Close5, Well Close, Chepstow, NP16 5RZ
Sold Dec 1999£83,000 | 3 Bed HouseWell Close3, Well Close, Chepstow, NP16 5RZ
Sold Jun 1998£74,000 | 4 Bed HouseWell Close5, Well Close, Chepstow, NP16 5RZ
Sold Mar 1997£73,000 | 4 Bed HouseWell Close5, Well Close, Chepstow, NP16 5RZ
Nearby Postcodesto NP16 5RZ
NP16 5RZ is the 216th largest and the 370th most expensive postcode out of the 748 postcodes in the NP16 area.
- 61 mNP16 5SH, Thorn Tree Drive, Chepstow, NP16NP16 5SH8 Addresses
- 69 mNP16 5RX, The Hop Garden, Chepstow, NP16NP16 5RX8 Addresses
- 74 mNP16 5SP, Summerhouse Lane, Chepstow, NP16NP16 5SP30 Addresses
- 80 mNP16 5RY, Cider Mill Close, Chepstow, NP16NP16 5RY9 Addresses
- 86 mNP16 5TE, Bishops Close, Chepstow, NP16NP16 5TE16 Addresses
- 127 mNP16 5TD, Garvey Close, Chepstow, NP16NP16 5TD21 Addresses
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Property Typesin NP16 5RZ
- 3 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 other addresses of unknown type
- modern house (3)
- mid-century house (1)
- Unknown (2)
Energy Efficiencyof properties in NP16 5RZ
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (1)
- No EPC (2)
Schools Nearbyto NP16 5RZ
The nearest primary school to NP16 5RZ is Lift Offa's Mead which is 2.0 kilometres away.
- 2.0kmLift Offa's Mead
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Public Transport Nearbyto NP16 5RZ
The closest station to NP16 5RZ is Chepstow station which is 1.8 kilometres away.
- 1.8kmChepstow
- 7.2kmSevern Beach
- 7.6kmCaldicot
- 8.0kmPilning
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