Mercian Way - NP16 7AP
Key Street Insights
Mercian Way is a residential street with 20 addresses.
It ranks as the 266th largest and 103rd most expensive of the 455 streets in the NP16 area. The most common property type is a early-century house built between 1912 and 1935.
The street contains a total of 20 properties: 18 houses and 2 other properties.
- Ave. Sale Price
- £257,787
- 10 Year change
- up 45.1%
- Ave. Rental Price
- £1,650pcm
- 10 Year change
- up 80.8%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Key Street Insights
Mercian Way is a residential street with 20 addresses.
It ranks as the 266th largest and 103rd most expensive of the 455 streets in the NP16 area. The most common property type is a early-century house built between 1912 and 1935.
The street contains a total of 20 properties: 18 houses and 2 other properties.
- Ave. Sale Price
- £257,787
- 10 Year change
- up 45.1%
- Ave. Rental Price
- £1,650pcm
- 10 Year change
- up 80.8%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Explore Properties on Mercian Way, Sedbury, Chepstow, NP16
- 1 Mercian Way
4 Bed Mid-century House
- 2 Mercian Way
3 Bed Mid-century House
- 3 Mercian Way
3 Bed Early-century House
- 4 Mercian Way
3 Bed Mid-century House
- 5 Mercian Way
3 Bed Early-century House
Sales Market Trends
The last sale on Mercian Way sold for £235,000 on 31st July 2023. Since then prices are up an average of 3.4%.
The current average value in the street is £257,787.
The Mercian Way Sales Market has increased by 45.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 0% | £257,787 |
| July 2025 | 0.2% | £257,886 |
| July 2024 | 2.3% | £257,442 |
| July 2023 | -4.8% | £251,661 |
| July 2022 | 16% | £264,331 |
| July 2021 | 4.9% | £227,939 |
| July 2020 | 1.5% | £217,328 |
| July 2019 | 3.2% | £214,065 |
| July 2018 | 9.3% | £207,443 |
| July 2017 | 6.9% | £189,879 |
| July 2016 | 7.8% | £177,694 |
| July 2015 | 3.3% | £164,903 |
| July 2014 | 5.1% | £159,591 |
| July 2013 | -1.2% | £151,799 |
| July 2012 | 2.1% | £153,573 |
| July 2011 | 2.3% | £150,483 |
| July 2010 | 9.2% | £147,123 |
| July 2009 | -10% | £134,742 |
| July 2008 | -4.1% | £149,694 |
| July 2007 | 0% | £156,144 |
Rental Market Trends
The current average rental value in the street is £1,650.
The Mercian Way Rental Market has increased by 80.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.7% | £1,650pcm |
| July 2025 | -1% | £1,606pcm |
| July 2024 | 5.7% | £1,623pcm |
| July 2023 | 9.3% | £1,536pcm |
| July 2022 | 16.4% | £1,405pcm |
| July 2021 | 14.1% | £1,207pcm |
| July 2020 | 4.9% | £1,057pcm |
| July 2019 | 4.6% | £1,008pcm |
| July 2018 | 2.3% | £963pcm |
| July 2017 | 3.1% | £941pcm |
| July 2016 | 6.8% | £913pcm |
| July 2015 | 5.7% | £855pcm |
| July 2014 | 7.5% | £809pcm |
| July 2013 | 3.2% | £753pcm |
| July 2012 | 3.2% | £729pcm |
| July 2011 | 1.2% | £706pcm |
| July 2010 | 6.4% | £698pcm |
| July 2009 | -6.4% | £656pcm |
| July 2008 | 0.7% | £701pcm |
| July 2007 | 0% | £696pcm |
Sales History
The last recorded sale was on 31st July 2023 for £235,000 and since then the market in the area has increased by 3.4%.
Mercian Way, Sedbury, Chepstow, NP16 has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Jul 2023£235,000 | 3 Bed House18, Mercian Way, Chepstow, NP16 7AP18, Mercian Way, Chepstow, NP16 7AP
- Sold Jan 2023£228,500 | 3 Bed House2, Mercian Way, Chepstow, NP16 7AP2, Mercian Way, Chepstow, NP16 7AP
- Sold Apr 2022£233,000 | 3 Bed House9, Mercian Way, Chepstow, NP16 7AP9, Mercian Way, Chepstow, NP16 7AP
Top 3 Most Expensive Sales
- Sold May 2018£265,000 | 4 Bed House10, Mercian Way, Chepstow, NP16 7AP10, Mercian Way, Chepstow, NP16 7AP
- Sold Dec 2019£265,000 | 4 Bed House7, Mercian Way, Chepstow, NP16 7AP7, Mercian Way, Chepstow, NP16 7AP
- Sold Mar 2022£250,000 | 3 Bed House14, Mercian Way, Chepstow, NP16 7AP14, Mercian Way, Chepstow, NP16 7AP
Nearby Streets
Mercian Way, Sedbury, Chepstow, NP16 is the 266th largest and the 103rd most expensive street in the NP16 area.
- Bridget Drive, Sedbury, Chepstow, NP1631 Addresses|59 m away
- Danes Hill, Sedbury, Chepstow, NP1615 Addresses|113 m away
- Cliff View, Sedbury, Chepstow, NP168 Addresses|122 m away
- Offas Close, Sedbury, Chepstow, NP167 Addresses|123 m away
- Orchard Farm Close, Sedbury, Chepstow, NP1612 Addresses|139 m away
- Madocke Road, Sedbury, Chepstow, NP1614 Addresses|169 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 10 early-century houses built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (7)
- house (1)
- early-century house (10)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 17 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (4)
- G (0)
- D (11)
- No EPC (3)
Schools Nearby
- Lift Offa's Mead600 m away
- Wyedean School and Sixth Form Centre700 m away
More reading links
Public Transport Nearby
The closest station to Mercian Way, Sedbury, Chepstow, NP16 - NP16 7AP is Chepstow station, which is 1.0 kilometres away.
- Chepstow|1.0 km away
- Severn Beach|8.5 km away
- Caldicot|8.8 km away