Housing Market Analysis for SOMERSET WAY, NP16 5NR

Are you looking to understand NP16 5NR house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Monmouthshire postcode.

For the location information and nearby amenities in the NP16 5NR area, explore the NP16 5NR Area information page.
For comprehensive crime statistics in the NP16 5NR area, explore the NP16 5NR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NP16 5NR postcode area, The average prices are as follows,

Terraced
- The average price is around £126,966 median price is £132,000 Standard Deviation is £45,824 with Total Sold: 27
- The Last 5 Year average price is £207,750 with Total Sold: 2
- The most recent sale happened at this postcode is 69 SOMERSET WAY: £256,500 (Sold on 03 Nov 2022)
- The first recorded sale happened at this postcode is 51 SOMERSET WAY: £36,500 (Sold on 19 Sep 1996)
Semi-Detached
- The average price is around £99,500 median price is £113,000 Standard Deviation is £38,141 with Total Sold: 4
- The most recent sale happened at this postcode is 55 SOMERSET WAY: £125,000 (Sold on 18 Dec 2013)
- The first recorded sale happened at this postcode is 49 SOMERSET WAY: £37,000 (Sold on 29 Mar 1996)
Detached
- The average price is around £105,000 median price is £105,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 82 SOMERSET WAY: £105,000 (Sold on 20 Jun 2003)
- The first recorded sale happened at this postcode is 82 SOMERSET WAY: £105,000 (Sold on 20 Jun 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NP16 5NR house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£256,500	£2,466	1
2019	£159,000	£2,038	1
2018	£184,950	£2,371	1
2017	£159,950	£2,077	1
2016	£136,375	£1,694	2
2015	£149,000	£1,773	6
2014	£132,000	£1,714	1
2013	£135,500	£1,766	1
2011	£112,645	£1,236	3
2010	£105,000	£1,235	1
2009	£100,000	£1,266	1
2008	£108,000		1
2006	£134,750	£1,821	2
2005	£127,000	£1,652	1
2000	£59,000	£694	1
1999	£49,500	£688	1
1998	£41,000	£569	1
1996	£36,500	£474	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2013	£125,000	£1,712	1
2011	£101,000	£1,278	1
2007	£135,000	£1,800	1
1996	£37,000	£481	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2003	£105,000	£1,400	1

All the Sales in the SOMERSET WAY, NP16 5NR

See the table below for more details on the sold house prices in the NP16 5NR, Monmouthshire postcode.

Address	Sold Date	Price	% Change
69 SOMERSET WAYTerraced, FreeholdArea: 104 Sq.mtrAge: 1950-1966	03 Nov 2022	£256,500	63.38%
	24 Jul 2015	£157,000	First Sale
96 SOMERSET WAYTerraced, FreeholdArea: 78 Sq.mtrAge: 1950-1966	23 Sep 2019	£159,000	First Sale
86 SOMERSET WAYTerraced, FreeholdArea: 78 Sq.mtrAge: 1950-1966	23 Feb 2018	£184,950	First Sale
53 SOMERSET WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	15 Sep 2017	£159,950	First Sale
67 SOMERSET WAYTerraced, FreeholdArea: 76 Sq.mtrAge: 1950-1966	04 Mar 2016	£128,250	First Sale
25 SOMERSET WAYTerraced, FreeholdArea: 85 Sq.mtrAge: 1950-1966	28 Jan 2016	£144,500	37.62%
	23 Aug 2010	£105,000	77.97%
	29 Mar 2000	£59,000	First Sale
61 SOMERSET WAYTerraced, FreeholdArea: 76.88 Sq.mtrAge: 1950-1966	01 Oct 2015	£149,000	17.32%
	16 Dec 2005	£127,000	First Sale
35 SOMERSET WAYTerraced, FreeholdArea: 79.06 Sq.mtrAge: 1950-1966	11 Sep 2015	£162,000	60.40%
	11 Mar 2011	£101,000	First Sale
33 SOMERSET WAYTerraced, FreeholdArea: 91 Sq.mtrAge: 1950-1966	28 Aug 2015	£145,000	First Sale
55 SOMERSET WAYTerraced, FreeholdArea: 73 Sq.mtrAge: 1950-1966	15 May 2015	£151,000	20.80%
	18 Dec 2013	£125,000	First Sale
29 SOMERSET WAYTerraced, FreeholdArea: 88 Sq.mtrAge: 1950-1966	07 Jan 2015	£130,000	First Sale
88 SOMERSET WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	15 Aug 2014	£132,000	First Sale
37 SOMERSET WAYTerraced, FreeholdArea: 76.72 Sq.mtrAge: 1950-1966	11 Oct 2013	£135,500	48.90%
	11 Mar 2011	£91,000	First Sale
94 SOMERSET WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	02 Sep 2011	£99,000	First Sale
43 SOMERSET WAYTerraced, Freehold	25 Jul 2011	£147,936	4.18%
43 SOMERSET WAYTerraced, Freehold	03 Mar 2006	£142,000	First Sale
90 SOMERSET WAYTerraced, FreeholdArea: 79 Sq.mtrAge: 1950-1966	11 Dec 2009	£100,000	First Sale
70 SOMERSET WAYTerraced, Leasehold	08 Feb 2008	£108,000	First Sale
82 SOMERSET WAYSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1967-1975	18 Dec 2007	£135,000	28.57%
	20 Jun 2003	£105,000	First Sale
65 SOMERSET WAYTerraced, FreeholdArea: 70 Sq.mtrAge: 1950-1966	25 Jul 2006	£127,500	First Sale
21 SOMERSET WAYTerraced, FreeholdArea: 72 Sq.mtrAge: 1950-1966	25 Jun 1999	£49,500	20.73%
	27 Nov 1998	£41,000	First Sale
51 SOMERSET WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	19 Sep 1996	£36,500	First Sale
49 SOMERSET WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	29 Mar 1996	£37,000	First Sale

Check out the sold house prices near the NP16 5NR postcode. Properties currently for saleProperties currently for rent

SOMERSET WAY, NP16 5NR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NP16 5NR postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NP16 5NR postcode.

Semi-Detached
- The average price is around £124,971 median price is £121,000 Standard Deviation is £68,722 with Total Sold: 648
- The Last 5 Year average price is £244,669 with Total Sold: 83
- The most recent sale happened at this postcode is , 29 BURNT BARN ROAD: £247,500 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 5 THE HEADLAND: £45,950 (Sold on 11 Jan 1995)
Terraced
- The average price is around £117,973 median price is £120,000 Standard Deviation is £61,661 with Total Sold: 980
- The Last 5 Year average price is £217,029 with Total Sold: 155
- The most recent sale happened at this postcode is , 98 MAPLE AVENUE: £240,000 (Sold on 08 Jul 2024)
- The first recorded sale happened at this postcode is , 44 WESTERN AVENUE: £30,000 (Sold on 11 Jan 1995)
Detached
- The average price is around £173,507 median price is £180,000 Standard Deviation is £86,078 with Total Sold: 388
- The Last 5 Year average price is £308,810 with Total Sold: 57
- The most recent sale happened at this postcode is , 20 THORNWELL ROAD: £470,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 10 CLARENDON CLOSE: £68,995 (Sold on 27 Jan 1995)
Other
- The average price is around £602,416 median price is £384,748 Standard Deviation is £560,057 with Total Sold: 6
- The Last 5 Year average price is £567,899 with Total Sold: 5
- The most recent sale happened at this postcode is , GARAGE 45 JAMES STEPHENS WAY: £297,500 (Sold on 14 Jun 2023)
- The first recorded sale happened at this postcode is , UNIT 1A BEAUFORT PARK WAY: £775,000 (Sold on 02 Jun 2016)
Flat
- The average price is around £81,729 median price is £95,000 Standard Deviation is £34,335 with Total Sold: 21
- The most recent sale happened at this postcode is , 16 MIDDLE WAY: £100,000 (Sold on 03 Mar 2016)
- The first recorded sale happened at this postcode is , 17 VALENTINE LANE: £38,000 (Sold on 18 Aug 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£245,375	£3,125	8
2023	£278,803	£3,351	18
2022	£253,174	£3,532	13
2021	£225,698	£3,236	22
2020	£233,750	£2,841	6
2019	£229,188	£3,147	16
2018	£210,842	£2,792	13
2017	£194,240	£2,476	21
2016	£173,670	£2,409	10
2015	£167,285	£2,281	20
2014	£149,500	£1,884	11
2013	£144,075	£2,160	14
2012	£155,333	£1,788	9
2011	£130,690	£1,595	10
2010	£142,369	£2,038	16
2009	£141,625	£1,855	12
2008	£159,906	£2,291	22
2007	£157,652	£2,219	37
2006	£140,432	£1,975	28
2005	£134,283	£1,994	24
2004	£126,632	£1,825	28
2003	£105,367	£1,599	23
2002	£88,142	£1,253	39
2001	£73,863	£1,076	31
2000	£62,342	£900	33
1999	£55,727	£844	31
1998	£52,296	£716	25
1997	£50,743	£755	35
1996	£44,765	£686	32
1995	£46,927	£719	41

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£250,500	£2,360	10
2023	£232,150	£3,360	25
2022	£240,144	£3,422	33
2021	£204,683	£2,841	47
2020	£200,363	£2,892	15
2019	£191,220	£2,569	25
2018	£181,556	£2,802	31
2017	£165,924	£2,414	23
2016	£142,888	£2,109	54
2015	£136,736	£1,877	32
2014	£132,021	£1,852	35
2013	£125,897	£1,970	37
2012	£120,513	£1,890	22
2011	£128,959	£1,831	32
2010	£118,661	£1,804	14
2009	£119,633	£1,887	15
2008	£129,125	£2,097	16
2007	£146,592	£2,121	32
2006	£130,688	£2,037	29
2005	£122,645	£1,801	42
2004	£114,707	£1,701	35
2003	£95,554	£1,437	34
2002	£77,607	£1,113	43
2001	£64,460	£981	46
2000	£54,437	£804	40
1999	£48,588	£796	56
1998	£45,214	£752	30
1997	£43,626	£692	55
1996	£42,018	£671	40
1995	£41,456	£675	32

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£360,790	£3,351	5
2023	£325,357	£3,776	7
2022	£357,931	£3,594	8
2021	£311,716	£3,184	16
2020	£270,033	£3,049	9
2019	£269,958	£2,996	12
2018	£247,500	£2,890	3
2017	£239,163	£2,741	15
2016	£211,814	£2,245	14
2015	£210,664	£2,221	18
2014	£205,318	£2,026	11
2013	£197,444	£2,095	9
2012	£208,833	£2,332	3
2011	£198,421	£2,031	7
2010	£178,929	£2,247	7
2009	£184,800	£1,742	5
2008	£215,498	£2,127	19
2007	£205,901	£2,183	21
2006	£194,341	£1,988	16
2005	£184,750	£2,118	9
2004	£171,194	£1,854	18
2003	£140,818	£1,797	17
2002	£126,834	£1,302	19
2001	£102,500	£1,124	17
2000	£84,871	£1,012	17
1999	£74,850	£843	21
1998	£78,496	£874	14
1997	£71,430	£812	15
1996	£63,265	£748	16
1995	£69,408	£740	20

House Type: Other

Year	Avg. Price	Sold
2023	£297,500	1
2022	£290,000	1
2021	£1,750,000	1
2020	£30,000	1
2019	£471,997	1
2016	£775,000	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£100,000	£1,250	1
2015	£122,000	£2,261	2
2014	£105,000		2
2013	£90,000	£1,125	1
2009	£89,000		5
2008	£124,950	£2,550	1
2006	£117,500		1
2004	£118,950	£2,428	1
2002	£41,650	£749	3
2000	£32,500	£406	1
1998	£40,500		1
1997	£29,950	£374	1
1995	£38,000		1

House Type in NP16 5NR area

The most common house types in the NP16 5NR postcode area are Terraced (72), Semi-detached (23), and Flat (16).

Total	117
Terraced	72
Semi-detached	23
Flat	16
Shared house	4
Detached	2
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (38), and Owned: Owns outright (34).

Owned: Owns with a mortgage or loan	38
Owned: Owns outright	34
Social rented: Other social rented	22
Private rented: Private landlord or letting agency	16
Social rented: Rents from council or Local Authority	9
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the NP16 5NR have 2 people in household (45), and 1 person in household (31).

2 people in household	45
1 person in household	31
3 people in household	21
4 people in household	15
5 people in household	4
6 people in household	2
7 people in household	1
0 people in household	0
8 or more people in household	0