# NP16 5WJ Area Summary
The NP16 5WJ postcode falls within the Monmouthshire area, covering parts of Chepstow and its surroundings in South Wales. This area represents a mature residential market with a solid property base of 61 properties and an average price of £418,432, positioning it firmly in the mid-to-upper price bracket for the region. The postcode benefits from its proximity to the English border, offering convenient access to Bristol and the M4/M48 corridor, making it attractive to commuters whilst retaining a distinctly Welsh community character.
Property values in this locality reflect the area's desirable attributes, including good transport links, local amenities, and the appeal of the Wye Valley's natural surroundings. The average price point suggests a mix of property types, likely including family homes, period properties, and modern developments. Chepstow's historic market town heritage, combined with excellent road connections and riverside setting, contributes to sustained demand. The area appeals particularly to families and professionals seeking quality of life whilst maintaining accessibility to larger employment centres in Bristol and Newport.
The average house price in NP16 5WJ, Chepstow is £418,432. Prices range from £264,100 to £550,000.
There are 61 properties in NP16 5WJ, Chepstow.
NP16 5WJ contains 42 detached properties, 10 semi-detached properties, 9 terraced properties.
Average house prices in NP16 5WJ have fallen by 23.8% from £446,600 in 2022 to £340,125 in 2025.
NP16 5WJ is located in Chepstow, Monmouthshire, England.