House Prices in NP16 House Prices in NP16 (Chepstow)

The average house price in NP16 (Chepstow) is £490,211 using HM Land Registry data.

The average property price increased by £31,790 (38.38%) over the last 5 years and increased by £6,370 (5.34%) over the last 12 months.

Over the last year, there were 280 residential property sales – a decrease of 25 transactions (-8.93%) relative to the previous year. The majority of house sales (82) were in the £210,000 - £286,000 range. Then came properties in the £286,000 - £362,000 range, where 63 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 219 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,053 (-2%).

In March 2025, there were 59 new estate agency instructions, 35 agreed home sales and 24 property price reductions.

5-Year Average Property Prices in NP16 (Chepstow)

38.38%

Property prices in NP16 (Chepstow) increased by 38.38% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NP16 (Chepstow) Over the Last Year

5.34%

Property prices in NP16 (Chepstow) increased by 5.34% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for NP16 (Chepstow) - March 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NP16 (Chepstow)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NP16 (Chepstow)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NP16 (Chepstow)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NP16 (Chepstow) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NP16 postcode area since 1995.

Recent Sales in NP16 (Chepstow)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
113 Woolpitch Wood, Chepstow, Monmouthshire, NP16 6DR£289,950£289,950£031 Oct 202414 Feb 2025106 Days
7 Mounton Drive, Chepstow, Monmouthshire, NP16 5EH£625,000£620,000-£5,00029 Jul 202414 Feb 2025200 Days
89 St Kingsmark Avenue, Chepstow, Monmouthshire, NP16 5SN£465,000£465,000£018 May 202407 Feb 2025265 Days
Flat 6, St. Maur House, St Maur Gardens, Chepstow, Monmouthshire, NP16 5NZ£165,000£156,500-£8,50018 Sep 202407 Feb 2025142 Days
15 Alexandra Road, Bulwark, Chepstow, Monmouthshire, NP16 5QU£259,950£250,000-£9,95031 Jul 202403 Feb 2025187 Days
25 Castle Wood, Bayfield, Chepstow, Monmouthshire, NP16 5TZ£510,000£485,000-£25,00007 Aug 202430 Jan 2025176 Days
16 Elm Road, Tutshill, Chepstow, Gloucestershire, NP16 7BX£360,000£350,000-£10,00008 Nov 202427 Jan 202580 Days
14 Castle Gardens, Chepstow, Monmouthshire, NP16 5LF£244,950£240,000-£4,95025 Oct 202424 Jan 202591 Days
39 Wyebank Way, Tutshill, Chepstow, Gloucestershire, NP16 7DN£288,000£285,000-£3,00002 May 202416 Jan 2025259 Days
4 Laurel Park, St Arvans, Chepstow, Monmouthshire, NP16 6ED£400,000£390,000-£10,00031 Dec 202410 Jan 202510 Days
17 Laburnam Way, Bulwark, Chepstow, Monmouthshire, NP16 5RF£239,950£230,000-£9,95001 Oct 202406 Jan 202597 Days
32 Wyebank Way, Tutshill, Chepstow, Gloucestershire, NP16 7DN£249,950£246,000-£3,95003 Jun 202406 Jan 2025217 Days
2 Bridget Drive, Sedbury, Chepstow, Gloucestershire, NP16 7AR£255,000£240,000-£15,00022 Jul 202403 Jan 2025165 Days
42 Woolpitch Wood, Chepstow, Monmouthshire, NP16 6DW£229,950£220,000-£9,95025 Jun 202420 Dec 2024178 Days
18 Green Street, Chepstow, Monmouthshire, NP16 5DN£280,000£272,500-£7,50027 Apr 202419 Dec 2024236 Days
3 Willow Close, Bulwark, Chepstow, Monmouthshire, NP16 5RA£224,950£220,000-£4,95015 Jul 202418 Dec 2024156 Days
33 River View, Chepstow, Monmouthshire, NP16 5AX£235,000£235,000£015 Apr 202418 Dec 2024247 Days
35 Summerhouse Lane, Chepstow, Monmouthshire, NP16 5SP£229,950£224,000-£5,95023 Aug 202418 Dec 2024117 Days
56 Thornwell Road, Bulwark, Chepstow, Monmouthshire, NP16 5NS£249,950£242,500-£7,45023 May 202417 Dec 2024208 Days
51 Beech Grove, Chepstow, Monmouthshire, NP16 5BE£450,000£445,000-£5,00012 Jan 202413 Dec 2024336 Days

Most Expensive Streets in NP16 (Chepstow)

PostcodeStreetAreaAverageNo. of Sales
NP16 7JNTidenham ChaseChepstow£989,8333
NP16 6AREarlswoodChepstow£936,2504
NP16 7JLBoughspringChepstow£761,3124
NP16 6LAPwllmeyricChepstow£735,1666
NP16 7BUColeford Road, TutshillChepstow£724,7416
NP16 6QSLlanishenChepstow£724,0004
NP16 6NQCatbrook Road, CatbrookChepstow£703,3333
NP16 6RGShirenewtonChepstow£703,3333
NP16 6LXLlanvair DiscoedChepstow£698,0005
NP16 6EYSt ArvansChepstow£670,8336

Least Expensive Streets in NP16 (Chepstow)

PostcodeStreetAreaAverageNo. of Sales
NP16 5QEMeads Court, BulwarkChepstow£133,4318
NP16 5HQGwy Court, Bridge Street, ChepstowChepstow£142,7005
NP16 5HYHollins CloseChepstow£143,6663
NP16 5NZSt. Maur House, St Maur GardensChepstow£153,1005
NP16 5DFMoor StreetChepstow£156,0003
NP16 5HSRiverside Mill, The BackChepstow£167,6503
NP16 7GAThe Beeches, Ormerod RoadChepstow£172,2938
NP16 5EFRestway Wall, Garden City WayChepstow£177,99511
NP16 5BZSchool HillChepstow£197,19510
NP16 5SPSummerhouse LaneChepstow£202,7716

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