# NP16 7JU Area Summary
This postcode covers part of Chepstow in Monmouthshire, a historic market town strategically positioned on the Welsh side of the River Wye, close to the English border. With 77 properties recorded and an average price of £246,416, this area represents relatively affordable housing compared to much of South East Wales and nearby Bristol. The postcode typically encompasses a mix of residential property types, from traditional terraced houses to more modern developments, appealing to families, first-time buyers, and commuters seeking value whilst maintaining good transport links via the M48 and nearby M4.
The average property price of £246,416 positions this area below the current UK average, making it an attractive option for those priced out of Bristol or Cardiff markets yet still seeking proximity to major employment centres. Chepstow's appeal lies in its combination of medieval heritage—including the impressive Chepstow Castle—excellent walking opportunities in the Wye Valley Area of Outstanding Natural Beauty, and practical amenities including good schools and shopping facilities. The town benefits from a railway station with direct services to Cardiff, Newport, Gloucester, and beyond, making it particularly popular with commuters who can achieve notable savings on property costs whilst accessing larger urban centres within 30-40 minutes.
The average house price in NP16 7JU, Chepstow is £246,416. Prices range from £120,000 to £402,500.
There are 77 properties in NP16 7JU, Chepstow.
NP16 7JU contains 38 detached properties, 22 terraced properties, 13 semi-detached properties, 3 flat / maisonette properties.
Average house prices in NP16 7JU have risen by 19.4% from £267,338 in 2004 to £319,250 in 2024.
NP16 7JU is located in Chepstow, Gloucestershire, England.