Buying a home in NP16, Chepstow. What it costs, what you get and where else to look.

Typical 3-bedroom house£321kmost £269k–£376k
Houses per m²£3,776flats £3,220
Sold last year1971,302 in five years
Prices in Monmouthshire+2.9%on a year ago

A typical 3-bedroom house in NP16 sold for £320,973 over the last five years, in today's money; most went for between £269,378 and £376,261, for about 89 m² of space.

197 homes sold here in the last year: a steady market with homes coming up most weeks. Flats start at around £148k for one bedroom. Within the district, houses cost the least per m² in NP16 7 (£3,702) and the most in NP16 6 (£4,033).

Across Monmouthshire, prices are up 2.9% on a year ago and up 19.8% over five years. Renting a similar home there costs about £1,065 a month; a 90% mortgage on the typical price would be around £1,464 a month at 4.5% over 30 years. Lenders would typically want a household income of about £64,000 for that mortgage: what £65,000 buys.

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House prices in NP16 by bedrooms

BedroomsTypical priceMost sell forSizeSold, 5 years
1£206,573£186k–£216k43 m²12
2£254,758£234k–£284k66 m²332
3£320,973£269k–£376k89 m²457
4£416,607£347k–£498k115 m²197
5+£559,307£468k–£721k152 m²235

Prices by type of home

1 bed2 bed3 bed4 bed5+ bed
Houses£207k£255k£321k£417k£559k
Detached—£312k£387k£465k£592k
Semi-detached—£258k£301k£347k£342k
Terraced£207k£244k£273k£325k£318k
Flats£148k£177k£233k——

Typical sale price over the last five years, adjusted to today's prices with the UK House Price Index.

Price per m² across NP16

Postcode sectorHousesFlats
NP16 5£3,723£3,215
NP16 6£4,033£3,796
NP16 7£3,702£3,063

Schools near NP16

Best state primary within 2 kmTutshill Church of England Primary School73% met the expected standard at 11 · England 64%1 state primaries within 2 km
Best state secondary within 5 kmWyedean School and Sixth Form Centre37.7% got grade 5+ in English and maths · England 43.8%1 state secondaries within 5 km

Nearby areas

Questions about NP16

Is NP16 a good area to buy a home?

What the numbers say: prices in Monmouthshire are up 2.9% on a year ago; the best state primary nearby is above the England average (73% against 64%); the best secondary is below it (37.7% against 43.8%); 197 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.

How much is a 3-bedroom house in NP16?

A typical 3-bedroom house in NP16 sold for £320,973 over the last five years, in today's money. Most sold between £269,378 and £376,261.

How many homes sell in NP16 each year?

197 homes sold in the last year and 1,302 in five years: a steady market with homes coming up most weeks.

What are the schools like near NP16?

The best-performing state primary within 2 km is Tutshill Church of England Primary School, where 73% of pupils met the expected standard at age 11 (England: 64%).

Where is cheaper near NP16?

For a 3-bedroom house, GL15 (£278k, 14 km), GL16 (£275k, 17 km).

Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.