Key indicators for buyers
The NP15 market is moderately favourable for buyers. Prices have softened (-12.2%), which could present a buying opportunity. Affordability has improved from a peak of 10.3x in 2021 to 8.0x today. Rising rents (£986/mo, +3.7%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Monmouthshire area
A home in Monmouthshire costs 8.0x the local median salary — moderate, improving from a peak of 10.3x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Monmouthshire area
Average monthly rent in Monmouthshire is £986, up 3.7% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Monmouthshire price of £365,000 with a 25% deposit (£91k), a 2-year fixed mortgage at 3.97% costs around £1,440 per month.
Monthly cost comparison based on current data
Uses NP15 avg. price with Monmouthshire rental data
Monthly mortgage payments (£1,440) are £454 more than renting (£986). However, buying requires an upfront deposit of £91k — it would take around 19 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
2A, ORCHARD COTTAGES, LLANDENNY NP15 1DZ | Detached | £365,000 | 23 Jan 2026 |
TY BERLLAN, PRIMROSE GREEN, RAGLAN NP15 2DU | Semi-detached | £350,000 | 19 Dec 2025 |
BLOSSOM LODGE, MARYPORT STREET NP15 1LH | Other | £535,000 | 18 Dec 2025 |
BLOSSOM LODGE, MARYPORT STREET NP15 1LH | Other | £535,000 | 18 Dec 2025 |
9, BLACKBARN LANE NP15 1BP | Detached | £700,000 | 8 Dec 2025 |
2, SILURE VIEW NP15 1TR | Detached | £475,000 | 8 Dec 2025 |
THE KNOLL, MONMOUTH ROAD NP15 1SF | Detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in NP15 sold for £365,000 in 2026, with a median of £365,000 across 1 transactions. Prices fell 12.2% compared to the previous year.
| £955,000 |
| 8 Dec 2025 |
MAES-HYFRYD, CHEPSTOW ROAD, RAGLAN NP15 2EN | Semi-detached | £375,000 | 5 Dec 2025 |
22, THE WILLOWS, RAGLAN NP15 2HB | Detached | £450,000 | 24 Nov 2025 |
IVY COTTAGE, KINGCOED NP15 1DS | Detached | £500,000 | 24 Nov 2025 |
TY-MYNYDD, WARRAGE ROAD, RAGLAN NP15 2LD | Detached | £505,000 | 21 Nov 2025 |
11, FAIRFAX VIEW, RAGLAN NP15 2DR | Semi-detached | £122,500 | 18 Nov 2025 |
27, BURRIUM GATE NP15 1TN | Detached | £757,500 | 4 Nov 2025 |
5, THE CHASE, LLANGYBI NP15 1TY | Detached | £720,000 | 30 Oct 2025 |
GENEVA COTTAGE, ELMS ROAD, RAGLAN NP15 2EY | Detached | £800,000 | 22 Oct 2025 |
8, ALEXANDRA PLACE, MONKSWOOD NP15 1QJ | Terraced | £365,000 | 17 Oct 2025 |
100, MARYPORT STREET NP15 1AH | Detached | £400,000 | 14 Oct 2025 |
BARN 7 CLAWDD Y PARC FARM, PARC ROAD, LLANGYBI NP15 1NY | Detached | £610,000 | 13 Oct 2025 |
3, THE BEECHES, RAGLAN NP15 2HE | Detached | £325,000 | 10 Oct 2025 |
1, SOMERSET DRIVE, RAGLAN NP15 2DW | Detached | £391,250 | 10 Oct 2025 |
The most recent recorded sale in NP15 was a detached property on Orchard Cottages for £365,000 in January 2026. Across the last 20 sales, the median price was £500,000.