NP18 (Caerleon) area guide

NP18
Caerleon
The NP18 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Bishton, Caerleon, Catsash, Christchurch, Goldcliff, Kemeys Inferior, Langstone, Liswerry, Llandegveth, Llandevaud, Llangybi Fawr, Llanhennock, Llanmartin, Llansoar, Llanwern, Llanyrafon South, Nash, Newport, Ponthir, Ringland, Whitson.
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Notes:

A Mouseprice property guide for NP18 Caerleon is coming soon. In the meantime, please have a look at the raw data and statistics about NP18 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Newport propertyThe size of the property market in NP18 is 6784 homes.

Newport propertyThe postcode district NP18 has been experiencing annual growth of 8.2% over the last 5 years excluding the effect of inflation. This growth rate tends to indicatean area which has invested in improving housing stock, transport links or other local infrastructure. It may also suggest proximity to an area of economic growth such as one of the financial clusters (London, Leeds, Bristol etc.) or strong local presence in growth industries (for example investment in university facilities, attractiveness of an area to IT companies or other knowledge- based organisations).

Newport propertyOver the last 3 months, the average property value for this postcode district has been £214678.

Newport propertySince most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 8.1.

Newport propertyNew transactions as a percentage of overall sales are 13.1%.

Housing stock:

Caerleon propertyThe most commonly found type of housing in this area are Detached Houses, making up 44.1% of the housing stock.

Caerleon propertyThe least common type of property in this area is Flats (7.8% of the total housing stock).

Caerleon propertyThis is an area with a high proportion of property suitable for families with children.

Caerleon propertySocially rented accommodation represents 10.6% of the total rented accommodation in the area.

Caerleon propertyThe majority of property in this area is owner occupied.

Caerleon propertyThe average price of a two bed property in this area is less that the national average of £187894 at £163374.

Who lives here:

Caerleon propertyCaerleon propertyThe average age in this area is 40.
Caerleon propertyThis area has a high percentage of married people at 24.3%.
Caerleon propertyAverage working hours in this area for men are 43 and for women are 31.
Caerleon propertyThis area has 1.6 people per square kilometre.
Caerleon propertyThe largest source of work in this area is Health & Social Work (16.9% of workers), followed by Wholesale & Retail (14.7%).