NP18 1LZ is a residential postcode situated on Bulmore Road, Caerleon, Newport, NP18 with 6 addresses.
It ranks as the 126th largest and 292nd most expensive of the 471 postcodes in the NP18 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 6 properties: 5 houses and 1 flat.
NP18 1LZ is a residential postcode situated on Bulmore Road, Caerleon, Newport, NP18 with 6 addresses.
It ranks as the 126th largest and 292nd most expensive of the 471 postcodes in the NP18 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 6 properties: 5 houses and 1 flat.
Sale prices range from £141,975 for 2 bedroom leasehold flats (581 ft2) to £460,397 for 4 bedroom freehold houses with a garden (1,356 ft2) .
Monthly rental prices range from £877 pcm for 2 bed flats to £1,760 pcm for 4 bed houses.
The gross rental yield is between 4.6% and 7.4%.
The average value per square foot is £384.
The last sale in NP18 1LZ sold for £275,000 on 24th November 2021. Since then prices are up an average of 18.5%.
The current average value in the postcode is £363,230.
The NP18 1LZ Sales Market has increased by 46.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1% | £363,230 |
| April 2025 | 2.8% | £359,780 |
| April 2024 | -2.7% | £349,937 |
| April 2023 | 4.3% | £359,507 |
| April 2022 | 10.1% | £344,819 |
| April 2021 | 4.6% | £313,218 |
| April 2020 | 3.6% | £299,567 |
| April 2019 | 5.9% | £289,295 |
| April 2018 | 10.3% | £273,216 |
| April 2017 | 0.1% | £247,728 |
| April 2016 | 6.3% | £247,514 |
| April 2015 | 3.3% | £232,753 |
| April 2014 | 1.5% | £225,407 |
| April 2013 | 0.3% | £222,034 |
| April 2012 | -1.9% | £221,377 |
| April 2011 | -6.6% | £225,684 |
| April 2010 | 11.3% | £241,506 |
| April 2009 | -15.6% | £216,937 |
| April 2008 | 0.2% | £257,134 |
| April 2007 | 0% | £256,639 |
The current average rental value in the postcode is £1,539.
The NP18 1LZ Rental Market has increased by 72.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,539pcm |
| April 2025 | 5.1% | £1,498pcm |
| April 2024 | 6.3% | £1,425pcm |
| April 2023 | 10.1% | £1,341pcm |
| April 2022 | 11.7% | £1,218pcm |
| April 2021 | 8.5% | £1,091pcm |
| April 2020 | 3.4% | £1,005pcm |
| April 2019 | 2.8% | £972pcm |
| April 2018 | 2.4% | £946pcm |
| April 2017 | 3.5% | £924pcm |
| April 2016 | 3.9% | £892pcm |
| April 2015 | 1.3% | £858pcm |
| April 2014 | 1.8% | £847pcm |
| April 2013 | -0.2% | £832pcm |
| April 2012 | 0.6% | £834pcm |
| April 2011 | -0.3% | £829pcm |
| April 2010 | 0.3% | £832pcm |
| April 2009 | -5.1% | £829pcm |
| April 2008 | 4.2% | £874pcm |
| April 2007 | 0% | £839pcm |
The last sale was on 24th November 2021 for £275,000 and since then the market in the area has increased by 18.5%. The postcode has had a total of 9 sales since 1995.
NP18 1LZ has seen no sales in the last three years and no sales in the last twelve months.
NP18 1LZ is the 126th largest and the 292nd most expensive postcode out of the 471 postcodes in the NP18 area.
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The closest station to NP18 1LZ is Newport (South Wales) station which is 5.9 kilometres away.
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