Housing Market Analysis for PRESTON CLOSE, NP16 5TB

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £103,500 median price is £73,500 Standard Deviation is £62,976 with Total Sold: 9
- The Last 5 Year average price is £186,500 with Total Sold: 2
- The most recent sale happened at this postcode is 7 PRESTON CLOSE: £195,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is 2 PRESTON CLOSE: £178,000 (Sold on 09 Apr 2024)
Detached
- The average price is around £143,492 median price is £114,500 Standard Deviation is £83,297 with Total Sold: 6
- The Last 5 Year average price is £305,000 with Total Sold: 1
- The most recent sale happened at this postcode is 16 PRESTON CLOSE: £305,000 (Sold on 14 Feb 2022)
- The first recorded sale happened at this postcode is 5 PRESTON CLOSE: £58,950 (Sold on 23 Jul 1998)
Terraced
- The average price is around £117,488 median price is £119,975 Standard Deviation is £59,672 with Total Sold: 20
- The Last 5 Year average price is £229,975 with Total Sold: 2
- The most recent sale happened at this postcode is 14 PRESTON CLOSE: £200,000 (Sold on 26 Nov 2021)
- The first recorded sale happened at this postcode is 10 PRESTON CLOSE: £41,000 (Sold on 28 Apr 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NP16 5TB 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£186,500		2
2010	£118,000	£2,070	1
2007	£185,000	£2,534	1
2002	£73,500	£1,387	1
2001	£65,000	£1,215	1
1998	£37,000	£881	1
1997	£45,000	£789	1
1996	£35,000	£660	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£305,000	£4,178	1
2015	£190,000	£2,603	1
2003	£126,000	£1,881	1
2001	£103,000	£1,411	1
1998	£68,475	£974	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£229,975	£3,827	2
2017	£177,817	£2,858	3
2016	£127,333	£2,394	3
2013	£122,000	£2,387	2
2007	£125,000	£3,049	1
2005	£115,475	£2,485	2
2004	£105,000	£1,981	1
1999	£48,483	£945	3
1998	£39,500	£963	1
1997	£42,225	£797	2

All the Sales in the PRESTON CLOSE, NP16 5TB

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

Address	Sold Date	Price	% Change
7 PRESTON CLOSESemi-Detached, Freehold	28 Mar 2024	£195,000	200.00%
7 PRESTON CLOSESemi-Detached, Freehold	12 Oct 2001	£65,000	First Sale
16 PRESTON CLOSEDetached, FreeholdArea: 73 Sq.mtrAge: 1991-1995	14 Feb 2022	£305,000	60.53%
	28 Aug 2015	£190,000	2.70%
	30 Mar 2007	£185,000	79.61%
	28 Jun 2001	£103,000	32.05%
	10 Dec 1998	£78,000	First Sale
14 PRESTON CLOSETerraced, FreeholdArea: 53 Sq.mtrAge: 1991-1995	26 Nov 2021	£200,000	56.25%
	29 Mar 2016	£128,000	74.15%
	10 Jul 2002	£73,500	110.00%
	04 Jun 1996	£35,000	First Sale
1 PRESTON CLOSETerraced, FreeholdArea: 67 Sq.mtrAge: 1991-1995	03 Sep 2021	£259,950	36.82%
	14 Jul 2017	£190,000	31.94%
	11 Mar 2016	£144,000	First Sale
11 PRESTON CLOSETerraced, FreeholdArea: 53 Sq.mtrAge: 1991-1995	10 Aug 2017	£164,950	First Sale
8 PRESTON CLOSETerraced, FreeholdArea: 68 Sq.mtrAge: 1991-1995	26 Jun 2017	£178,500	First Sale
3 PRESTON CLOSETerraced, FreeholdArea: 42.04 Sq.mtrAge: 1983-1990	05 Sep 2016	£110,000	-12.00%
	17 May 2007	£125,000	12.61%
	30 Sep 2005	£111,000	181.01%
	06 Nov 1998	£39,500	First Sale
12 PRESTON CLOSETerraced, FreeholdArea: 53 Sq.mtrAge: 1991-1995	18 Oct 2013	£124,000	3.38%
	21 Oct 2005	£119,950	176.06%
	28 Nov 1997	£43,450	First Sale
15 PRESTON CLOSETerraced, FreeholdArea: 49.28 Sq.mtrAge: 1983-1990	24 Jul 2013	£120,000	147.42%
	03 Jun 1999	£48,500	First Sale
4 PRESTON CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1991-1995	07 May 2010	£118,000	162.22%
	17 Oct 1997	£45,000	First Sale
9 PRESTON CLOSETerraced, FreeholdArea: 53 Sq.mtrAge: 1991-1995	11 Jun 2004	£105,000	118.75%
	16 Jul 1999	£48,000	First Sale
5 PRESTON CLOSEDetached, FreeholdArea: 67 Sq.mtrAge: 1991-1995	05 Sep 2003	£126,000	113.74%
	23 Jul 1998	£58,950	First Sale
6 PRESTON CLOSETerraced, Freehold	08 Oct 1999	£48,950	First Sale
2 PRESTON CLOSESemi-Detached, FreeholdArea: 42 Sq.mtrAge: 1991-1995	21 Aug 1998	£37,000	-79.21%
	09 Apr 2024	£178,000	First Sale
10 PRESTON CLOSETerraced, FreeholdArea: 53 Sq.mtrAge: 1991-1995	28 Apr 1997	£41,000	First Sale

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

PRESTON CLOSE, NP16 5TB Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £121,468 median price is £120,000 Standard Deviation is £64,681 with Total Sold: 444
- The Last 5 Year average price is £233,985 with Total Sold: 54
- The most recent sale happened at this postcode is , 3 LEWIS WAY: £220,000 (Sold on 23 Jul 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 £117,003 median price is £120,000 Standard Deviation is £60,466 with Total Sold: 634
- The Last 5 Year average price is £211,733 with Total Sold: 105
- 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 , 26 LEWIS WAY: £41,500 (Sold on 27 Jan 1995)
Detached
- The average price is around £173,931 median price is £180,000 Standard Deviation is £84,457 with Total Sold: 366
- The Last 5 Year average price is £304,726 with Total Sold: 54
- The most recent sale happened at this postcode is , 24 JAMES STEPHENS WAY: £332,000 (Sold on 31 May 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 £1,904,407 median price is £775,000 Standard Deviation is £2,560,994 with Total Sold: 9
- 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 4, SEVERN LINK DISTRIBUTION CENTRE NEW HOUSE FARM INDUSTRIAL ESTATE: £8,125,000 (Sold on 04 Jan 2016)
Flat
- The average price is around £91,762 median price is £95,000 Standard Deviation is £32,418 with Total Sold: 13
- The most recent sale happened at this postcode is , 19 JAMES STEPHENS WAY: £118,000 (Sold on 24 Nov 2015)
- 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	£209,500		4
2023	£264,500	£3,492	12
2022	£256,180	£3,995	7
2021	£214,934	£3,357	16
2020	£231,875	£2,864	4
2019	£223,955	£3,192	11
2018	£210,000	£3,056	8
2017	£188,066	£2,527	16
2016	£166,370	£2,458	5
2015	£162,703	£2,305	16
2014	£147,500	£2,015	5
2013	£145,431	£2,215	8
2012	£155,750	£1,711	6
2011	£118,857	£1,530	7
2010	£130,167	£2,235	9
2009	£138,444	£1,950	9
2008	£160,139	£2,287	21
2007	£158,654	£2,258	27
2006	£137,008	£2,056	13
2005	£129,571	£2,021	19
2004	£124,874	£1,901	19
2003	£106,972	£1,635	20
2002	£85,702	£1,326	28
2001	£72,080	£1,180	20
2000	£63,015	£891	23
1999	£55,124	£876	21
1998	£52,246	£799	12
1997	£48,264	£788	24
1996	£42,467	£693	22
1995	£47,439	£739	32

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£240,000	£2,360	8
2023	£231,800	£3,315	20
2022	£238,434	£3,386	19
2021	£198,670	£2,856	31
2020	£186,494	£3,003	9
2019	£183,806	£2,626	18
2018	£180,845	£2,731	20
2017	£166,616	£2,439	16
2016	£141,524	£2,116	38
2015	£134,831	£1,835	26
2014	£126,828	£1,863	16
2013	£123,964	£2,006	21
2012	£119,541	£1,793	11
2011	£118,395	£1,748	22
2010	£111,625	£1,710	8
2009	£118,438	£1,791	8
2008	£128,200	£1,932	10
2007	£145,292	£2,200	24
2006	£131,302	£2,047	23
2005	£121,513	£1,821	26
2004	£113,931	£1,668	24
2003	£89,578	£1,421	16
2002	£79,510	£1,121	19
2001	£62,394	£973	28
2000	£55,052	£758	26
1999	£49,055	£818	40
1998	£43,782	£748	21
1997	£43,847	£703	37
1996	£41,490	£679	30
1995	£43,979	£687	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£328,500	£3,351	2
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	£222,500	£3,200	2
2017	£242,675	£2,741	14
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	£178,750	£2,292	6
2009	£184,800	£1,742	5
2008	£214,970	£2,157	18
2007	£209,196	£2,183	20
2006	£193,563	£2,026	15
2005	£192,929	£2,213	7
2004	£170,676	£1,862	17
2003	£145,027	£1,833	15
2002	£126,834	£1,302	19
2001	£102,500	£1,124	17
2000	£88,707	£1,011	14
1999	£74,095	£834	20
1998	£77,246	£886	12
1997	£71,430	£812	15
1996	£63,265	£748	16
1995	£71,400	£756	18

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
2018	£827,500	1
2017	£4,572,669	1
2016	£4,450,000	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£122,000	£2,261	2
2014	£105,000		2
2009	£89,000		5
2008	£124,950	£2,550	1
2004	£118,950	£2,428	1
2002	£12,000		1
1995	£38,000		1

House Type in NP16 5TB area

The most common house types in the NP16 5TB postcode area are Terraced (86), Semi-detached (52), and Detached (29).

Total	188
Terraced	86
Semi-detached	52
Detached	29
Flat	18
Shared house	1
converted building	1
commercial building	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (75), and Private rented: Private landlord or letting agency (44).

Social rented: Other social rented	75
Private rented: Private landlord or letting agency	44
Owned: Owns with a mortgage or loan	43
Owned: Owns outright	14
Social rented: Rents from council or Local Authority	7
Private rented: Other private rented	7
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NP16 5TB have 1 person in household (62), and 2 people in household (49).

1 person in household	62
2 people in household	49
3 people in household	35
4 people in household	30
5 people in household	8
6 people in household	4
0 people in household	0
7 people in household	0
8 or more people in household	0