NP16 6RE is a residential postcode situated on Earlswood, Chepstow, NP16 with 17 addresses.
It ranks as the 501st largest and 666th most expensive of the 748 postcodes in the NP16 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 17 properties: 17 houses.
NP16 6RE is a residential postcode situated on Earlswood, Chepstow, NP16 with 17 addresses.
It ranks as the 501st largest and 666th most expensive of the 748 postcodes in the NP16 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 17 properties: 17 houses.
Sale prices range from £289,120 for 2 bedroom freehold houses with a garden (516 ft2) to £832,812 for 5 bedroom freehold houses with a garden (3,562 ft2) .
Monthly rental prices range from £1,018 pcm for 2 bed houses to £2,449 pcm for 5 bed houses.
The gross rental yield is between 3.5% and 4.9%.
The average value per square foot is £278.
The last sale in NP16 6RE sold for £261,000 on 21st November 2018. Since then prices are up an average of 19.1%.
The current average value in the postcode is £591,788.
The NP16 6RE Sales Market has increased by 49.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.3% | £591,788 |
| April 2025 | 1.3% | £605,847 |
| April 2024 | 0% | £598,288 |
| April 2023 | 1.1% | £598,356 |
| April 2022 | 12.2% | £591,718 |
| April 2021 | 5.4% | £527,405 |
| April 2020 | 1.2% | £500,385 |
| April 2019 | 5.1% | £494,580 |
| April 2018 | 9.2% | £470,401 |
| April 2017 | 8.5% | £430,654 |
| April 2016 | 4.4% | £396,854 |
| April 2015 | 5.4% | £380,285 |
| April 2014 | 3.2% | £360,899 |
| April 2013 | 2.3% | £349,735 |
| April 2012 | 2.2% | £341,986 |
| April 2011 | 1.7% | £334,787 |
| April 2010 | 4.8% | £329,173 |
| April 2009 | -12.7% | £314,164 |
| April 2008 | 2.4% | £359,689 |
| April 2007 | 0% | £351,238 |
The current average rental value in the postcode is £1,814.
The NP16 6RE Rental Market has increased by 65.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £1,814pcm |
| April 2025 | 3.2% | £1,779pcm |
| April 2024 | 8.6% | £1,724pcm |
| April 2023 | 8.1% | £1,589pcm |
| April 2022 | 11.5% | £1,470pcm |
| April 2021 | 6.3% | £1,318pcm |
| April 2020 | 5.1% | £1,240pcm |
| April 2019 | 3.1% | £1,179pcm |
| April 2018 | 1.7% | £1,144pcm |
| April 2017 | 2.8% | £1,125pcm |
| April 2016 | 5.7% | £1,094pcm |
| April 2015 | 4.7% | £1,035pcm |
| April 2014 | 4.6% | £988pcm |
| April 2013 | 3.8% | £945pcm |
| April 2012 | 1.5% | £910pcm |
| April 2011 | 3.4% | £897pcm |
| April 2010 | 2.7% | £867pcm |
| April 2009 | -8.1% | £844pcm |
| April 2008 | 6.1% | £918pcm |
| April 2007 | 0% | £866pcm |
The last sale was on 21st November 2018 for £261,000 and since then the market in the area has increased by 19.1%. The postcode has had a total of 9 sales since 1995.
NP16 6RE has seen no sales in the last three years and no sales in the last twelve months.
NP16 6RE is the 501st largest and the 666th most expensive postcode out of the 748 postcodes in the NP16 area.
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The closest station to NP16 6RE is Severn Tunnel Junction station which is 7.3 kilometres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 6RE, 56.3% of property is privately owned outright and 35.0% 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 6RE, 14.7% of residents are recorded as possessing school level qualifications and 45.5% 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 6RE, 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 6RE, 1.7% 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 6RE, there are an average of 2.0 cars per household.
See below for how this compares to Wales and the rest of England & Wales.