NP16 6JU is a residential postcode situated on Chapel Lane, Pwllmeyric, Chepstow, NP16 with 6 addresses.
It ranks as the 225th largest and 434th 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.
NP16 6JU is a residential postcode situated on Chapel Lane, Pwllmeyric, Chepstow, NP16 with 6 addresses.
It ranks as the 225th largest and 434th 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.
Sale prices range from £332,679 for 3 bedroom freehold houses with a garden (979 ft2) to £636,256 for 5 bedroom freehold houses with a garden (2,421 ft2) .
Monthly rental prices range from £1,324 pcm for 3 bed houses to £1,953 pcm for 5 bed houses.
The gross rental yield is between 3.7% and 4.9%.
The average value per square foot is £360.
The last sale in NP16 6JU sold for £437,500 on 9th October 2024. Since then prices are down an average of 2.5%.
The current average value in the postcode is £438,551.
The NP16 6JU Sales Market has increased by 46.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3% | £438,551 |
| April 2025 | 0.9% | £451,884 |
| April 2024 | 0.1% | £447,725 |
| April 2023 | 1.2% | £447,112 |
| April 2022 | 11.8% | £441,969 |
| April 2021 | 5.4% | £395,328 |
| April 2020 | 1.2% | £375,076 |
| April 2019 | 5.2% | £370,740 |
| April 2018 | 8.8% | £352,359 |
| April 2017 | 8.5% | £323,996 |
| April 2016 | 4.2% | £298,500 |
| April 2015 | 5.2% | £286,495 |
| April 2014 | 3.2% | £272,213 |
| April 2013 | 2.6% | £263,766 |
| April 2012 | 2.3% | £257,068 |
| April 2011 | 2% | £251,292 |
| April 2010 | 4.8% | £246,340 |
| April 2009 | -12.1% | £235,025 |
| April 2008 | 2.6% | £267,443 |
| April 2007 | 0% | £260,717 |
The current average rental value in the postcode is £1,495.
The NP16 6JU Rental Market has increased by 63.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.3% | £1,495pcm |
| April 2025 | 2.8% | £1,475pcm |
| April 2024 | 8.7% | £1,435pcm |
| April 2023 | 8.1% | £1,320pcm |
| April 2022 | 11.1% | £1,221pcm |
| April 2021 | 6.3% | £1,098pcm |
| April 2020 | 5.1% | £1,033pcm |
| April 2019 | 3.1% | £983pcm |
| April 2018 | 1.3% | £953pcm |
| April 2017 | 2.8% | £941pcm |
| April 2016 | 5.5% | £915pcm |
| April 2015 | 4.6% | £867pcm |
| April 2014 | 4.6% | £829pcm |
| April 2013 | 4.2% | £793pcm |
| April 2012 | 1.7% | £761pcm |
| April 2011 | 3.7% | £748pcm |
| April 2010 | 2.7% | £721pcm |
| April 2009 | -7.5% | £702pcm |
| April 2008 | 6.3% | £759pcm |
| April 2007 | 0% | £714pcm |
The last sale was on 9th October 2024 for £437,500 and since then the market in the area has decreased by 2.5%. The postcode has had a total of 12 sales since 1995.
NP16 6JU has seen 1 sale in the last three years and no sales in the last twelve months.
NP16 6JU is the 225th largest and the 434th most expensive postcode out of the 748 postcodes in the NP16 area.
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The closest station to NP16 6JU is Chepstow station which is 2.1 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around NP16 6JU, 48.2% of property is privately owned outright and 38.9% is privately owned with a mortgage.
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 6JU, 14.3% of residents are recorded as possessing school level qualifications and 58.0% 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 6JU, the average age was 45.6 and the most common age was 57.
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 6JU, 2.0% 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 6JU, there are an average of 2.1 cars per household.
See below for how this compares to Wales and the rest of England & Wales.