NP16 5TE is a residential postcode situated on Bishops Close, Chepstow, NP16 with 16 addresses.
It ranks as the 482nd largest and 79th 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 16 properties: 16 houses.
NP16 5TE is a residential postcode situated on Bishops Close, Chepstow, NP16 with 16 addresses.
It ranks as the 482nd largest and 79th 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 16 properties: 16 houses.
Sale prices range from £208,915 for 2 bedroom freehold houses with a garden (570 ft2) to £307,793 for 3 bedroom freehold houses with a garden (1,065 ft2) .
Monthly rental prices range from £1,097 pcm for 2 bed houses to £1,502 pcm for 3 bed houses.
The gross rental yield is between 5.9% and 6.3%.
The average value per square foot is £367.
The last sale in NP16 5TE sold for £225,000 on 29th August 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £224,376.
The NP16 5TE Sales Market has increased by 55.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.2% | £224,376 |
| April 2025 | 2.3% | £224,825 |
| April 2024 | -0.6% | £219,838 |
| April 2023 | 1.1% | £221,057 |
| April 2022 | 14.1% | £218,612 |
| April 2021 | 3.9% | £191,558 |
| April 2020 | 0.9% | £184,370 |
| April 2019 | 4.8% | £182,767 |
| April 2018 | 10% | £174,365 |
| April 2017 | 9.8% | £158,445 |
| April 2016 | 4.1% | £144,257 |
| April 2015 | 6.2% | £138,528 |
| April 2014 | 1.3% | £130,398 |
| April 2013 | 1.7% | £128,681 |
| April 2012 | 1.4% | £126,554 |
| April 2011 | 2.7% | £124,824 |
| April 2010 | 5.3% | £121,577 |
| April 2009 | -15% | £115,425 |
| April 2008 | 1.2% | £135,774 |
| April 2007 | 0% | £134,197 |
The current average rental value in the postcode is £1,171.
The NP16 5TE Rental Market has increased by 70.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.8% | £1,171pcm |
| April 2025 | 5.3% | £1,128pcm |
| April 2024 | 8.2% | £1,071pcm |
| April 2023 | 6.7% | £990pcm |
| April 2022 | 12% | £927pcm |
| April 2021 | 5.9% | £828pcm |
| April 2020 | 4.9% | £782pcm |
| April 2019 | 2.6% | £746pcm |
| April 2018 | 2.9% | £727pcm |
| April 2017 | 2.8% | £707pcm |
| April 2016 | 5.9% | £688pcm |
| April 2015 | 4.7% | £650pcm |
| April 2014 | 4.2% | £620pcm |
| April 2013 | 2.7% | £595pcm |
| April 2012 | 0.5% | £580pcm |
| April 2011 | 3.7% | £577pcm |
| April 2010 | 2.1% | £556pcm |
| April 2009 | -9.9% | £545pcm |
| April 2008 | 5.4% | £605pcm |
| April 2007 | 0% | £574pcm |
The last sale was on 29th August 2025 for £225,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 39 sales since 1995.
NP16 5TE has seen 3 sales in the last three years and 1 sale in the last twelve months.
NP16 5TE is the 482nd largest and the 79th most expensive postcode out of the 748 postcodes in the NP16 area.
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The closest station to NP16 5TE is Chepstow station which is 1.8 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around NP16 5TE, 37.7% of property is privately owned with a mortgage and 31.2% is privately owned outright.
The graph below shows how this compares to Wales and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around NP16 5TE, 13.4% of residents are recorded as possessing school level qualifications and 29.6% as possessing degree level qualifications.
The graph below shows how this compares to Wales and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around NP16 5TE, the average age was 42.4 and the most common age was 52.
The graph below shows how this compares to Wales and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around NP16 5TE, 0.0% of property was a second home.
Comparison figures for Wales and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around NP16 5TE, there are an average of 1.5 cars per household.
See below for how this compares to Wales and the rest of England & Wales.