Housing Market Analysis for THE OCTAGON, NP16 5QJ

Are you looking to understand NP16 5QJ 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 5QJ area, explore the NP16 5QJ Area information page.
For comprehensive crime statistics in the NP16 5QJ area, explore the NP16 5QJ Crime Rates page.

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £125,846 median price is £99,000 Standard Deviation is £61,693 with Total Sold: 13
    • The Last 5 Year average price is £263,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 THE OCTAGON: £263,000 (Sold on 16 Sep 2022)
    • The first recorded sale happened at this postcode is 1 THE OCTAGON: £85,000 (Sold on 16 Feb 2000)
  • Terraced
    • The average price is around £167,779 median price is £172,500 Standard Deviation is £73,567 with Total Sold: 14
    • The Last 5 Year average price is £263,612 with Total Sold: 4
    • The most recent sale happened at this postcode is 3 THE OCTAGON: £300,000 (Sold on 06 Apr 2022)
    • The first recorded sale happened at this postcode is 2 THE OCTAGON: £54,000 (Sold on 23 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average NP16 5QJ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£263,000 £1,429 1
2018£236,000 £2,185 1
2009£150,000 £1,546 1
2006£162,500 £883 1
2004£145,000 £788 1
2002£106,000 £979 2
2001£81,125 £690 4
2000£71,500 £646 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£300,000 £3,137 1
2021£251,725 £2,505 2
2019£251,000 £2,624 1
2016£184,000 £1,978 1
2015£174,500 £1,825 1
2014£173,000 £1,784 1
2011£172,000 £1,798 1
2007£169,0001
2003£118,0001
2002£84,975 £797 2
2001£80,0001
1996£54,0001

All the Sales in the THE OCTAGON, NP16 5QJ

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

AddressSold DatePrice% Change
6 THE OCTAGONSemi-Detached, FreeholdArea: 184 Sq.mtrAge: 1930-194916 Sep 2022£263,00061.85%
08 Nov 2006£162,50012.07%
19 May 2004£145,00072.62%
20 Apr 2001£84,000First Sale
3 THE OCTAGONTerraced, FreeholdArea: 95.64 Sq.mtrAge: 1930-194906 Apr 2022£300,00019.52%
29 Nov 2019£251,00043.84%
11 Sep 2015£174,5001.45%
14 Jun 2011£172,00091.22%
08 Nov 2002£89,950First Sale
5 THE OCTAGONTerraced, FreeholdArea: 109 Sq.mtrAge: 1930-194926 May 2021£255,000First Sale
12 THE OCTAGONTerraced, FreeholdArea: 93 Sq.mtrAge: 1900-192929 Mar 2021£248,45035.03%
08 Jul 2016£184,000217.24%
06 Dec 2000£58,000First Sale
11 THE OCTAGONSemi-Detached, FreeholdArea: 108 Sq.mtrAge: 1900-192918 May 2018£236,000182.63%
27 Jul 2001£83,500First Sale
9 THE OCTAGONTerraced, FreeholdArea: 97 Sq.mtrAge: 1900-192917 Jan 2014£173,00015.33%
06 Mar 2009£150,00026.58%
29 Nov 2002£118,500104.31%
09 Feb 2001£58,000First Sale
2 THE OCTAGONTerraced, Freehold07 Jun 2007£169,00043.22%
10 Oct 2003£118,000118.52%
23 Aug 1996£54,000First Sale
1 THE OCTAGONSemi-Detached, FreeholdArea: 127 Sq.mtrAge: 1900-192922 Mar 2002£93,50010.00%
16 Feb 2000£85,000First Sale
10 THE OCTAGONTerraced, FreeholdArea: 122.48 Sq.mtrAge: before 190020 Feb 2002£80,000First Sale
4 THE OCTAGONTerraced, Freehold07 Dec 2001£80,000First Sale
7 THE OCTAGONSemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1976-198225 Oct 2001£99,000First Sale

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

THE OCTAGON, NP16 5QJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NP16 5QJ 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 5QJ postcode.

  • Flat
    • The average price is around £86,518 median price is £91,000 Standard Deviation is £31,221 with Total Sold: 65
    • The Last 5 Year average price is £118,330 with Total Sold: 15
    • The most recent sale happened at this postcode is , 12 MEADS COURT: £140,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 15 MEADS COURT: £35,000 (Sold on 02 Feb 1995)
  • Semi-Detached
    • The average price is around £132,018 median price is £127,000 Standard Deviation is £72,691 with Total Sold: 465
    • The Last 5 Year average price is £252,784 with Total Sold: 67
    • 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 , 8 LINDEN CLOSE: £39,500 (Sold on 28 Feb 1995)
  • Terraced
    • The average price is around £123,531 median price is £123,500 Standard Deviation is £63,353 with Total Sold: 956
    • The Last 5 Year average price is £222,169 with Total Sold: 161
    • The most recent sale happened at this postcode is , 41 QUEENS ROAD: £205,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 28 SYCAMORE AVENUE: £44,000 (Sold on 03 Jan 1995)
  • Detached
    • The average price is around £167,906 median price is £167,250 Standard Deviation is £86,868 with Total Sold: 171
    • The Last 5 Year average price is £310,688 with Total Sold: 28
    • 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 , 7 PHOENIX DRIVE: £69,995 (Sold on 20 Mar 1995)
  • Other
    • The average price is around £495,944 median price is £290,000 Standard Deviation is £578,010 with Total Sold: 9
    • The Last 5 Year average price is £624,285 with Total Sold: 7
    • The most recent sale happened at this postcode is , SEVERN BRIDGE SOCIAL CLUB BULWARK ROAD: £1,300,000 (Sold on 15 Mar 2021)
    • The first recorded sale happened at this postcode is , 1A ALEXANDRA ROAD: £81,000 (Sold on 04 Jan 2018)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£145,0002
2023£98,000 £2,333 1
2022£139,950 £2,413 1
2021£126,625 £2,280 4
2020£120,000 £2,430 2
2019£100,100 £1,960 5
2018£103,700 £1,972 5
2017£98,500 £1,791 2
2016£97,125 £1,642 4
2015£76,750 £1,146 1
2014£84,750 £1,638 4
2013£91,333 £1,661 3
2011£91,000 £1,846 1
2010£85,750 £1,577 6
2007£111,000 £2,000 2
2006£97,625 £2,201 4
2004£80,5001
2003£68,817 £1,333 3
2002£48,780 £962 5
2001£41,0001
2000£32,500 £406 1
1999£39,9501
1998£29,583 £383 3
1997£29,950 £374 1
1995£37,000 £603 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£269,000 £3,125 5
2023£288,615 £3,035 17
2022£254,826 £3,090 10
2021£230,990 £2,838 15
2020£239,125 £2,538 8
2019£229,917 £2,873 12
2018£213,809 £2,465 16
2017£191,158 £2,070 19
2016£163,890 £1,725 10
2015£170,829 £2,160 12
2014£144,125 £1,787 12
2013£140,034 £1,859 16
2012£165,000 £1,744 4
2011£135,931 £1,532 16
2010£159,123 £1,796 11
2009£143,100 £1,522 5
2008£148,300 £2,110 5
2007£154,552 £1,944 21
2006£141,672 £1,807 36
2005£145,738 £1,617 8
2004£125,461 £1,462 18
2003£98,415 £1,291 17
2002£86,778 £985 25
2001£71,707 £874 21
2000£63,639 £796 23
1999£56,684 £792 19
1998£51,367 £598 19
1997£50,104 £624 24
1996£45,240 £564 20
1995£45,486 £531 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£239,231 £2,531 13
2023£242,546 £3,067 26
2022£241,594 £3,085 34
2021£209,418 £2,645 51
2020£210,154 £2,642 13
2019£196,938 £2,511 24
2018£186,508 £2,518 24
2017£171,540 £2,131 29
2016£145,372 £1,911 47
2015£140,531 £1,748 35
2014£136,284 £1,694 34
2013£129,155 £1,691 38
2012£124,578 £1,787 30
2011£130,071 £1,660 31
2010£127,922 £1,648 16
2009£122,000 £1,730 14
2008£128,643 £1,956 14
2007£144,144 £1,787 31
2006£132,428 £1,788 30
2005£125,801 £1,642 38
2004£117,596 £1,521 49
2003£99,350 £1,339 34
2002£75,433 £1,082 41
2001£63,869 £874 46
2000£52,256 £739 38
1999£50,222 £728 42
1998£46,922 £672 27
1997£42,973 £552 51
1996£43,552 £569 32
1995£38,227 £571 24
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£367,988 £3,351 4
2023£315,0001
2022£355,250 £3,090 4
2021£301,222 £2,952 9
2020£297,100 £2,663 3
2019£269,857 £3,069 7
2018£297,500 £2,271 1
2017£230,700 £2,525 5
2016£189,950 £2,134 1
2015£218,745 £2,143 10
2014£205,833 £2,216 3
2013£199,000 £1,816 4
2012£190,000 £2,468 1
2011£203,333 £1,809 3
2010£165,750 £1,942 4
2009£215,0001
2008£195,833 £1,960 3
2007£181,645 £2,065 10
2006£181,494 £1,832 8
2005£162,938 £1,847 4
2004£164,781 £1,869 16
2003£115,767 £1,525 9
2002£123,233 £1,323 6
2001£93,438 £877 4
2000£84,185 £997 10
1999£80,227 £856 15
1998£72,062 £807 8
1997£70,490 £728 5
1996£70,806 £749 8
1995£63,224 £585 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,525,0002
2020£105,0002
2019£369,9993
2018£46,750 £920 2

House Type in NP16 5QJ area

The most common house types in the NP16 5QJ postcode area are Terraced (64), Semi-detached (54), and Detached (16).

Total135
Terraced64
Semi-detached54
Detached16
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (56).

Owned: Owns outright57
Owned: Owns with a mortgage or loan56
Private rented: Private landlord or letting agency12
Private rented: Other private rented5
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the NP16 5QJ have 2 people in household (61), and 1 person in household (34).

2 people in household61
1 person in household34
3 people in household20
4 people in household17
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0