According to the public record, 1, Palmer Drive, Andover is a modern freehold house with 936 ft2 of internal area and sits on a 223 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Palmer Drive, Andover, SP10 is located in the borough of Test Valley within the SP10 postal district.
1, Palmer Drive, Andover has 21 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Palmer Drive Andover as £367,777 and the rental value as £1,336 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 1 Palmer Drive Andover has increased by £5,223 (1.4%) and its rental value has increased by £63 per month (4.7%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Palmer Drive, Andover is in very good condition we estimate a sale value of £386,166 and rental value of £1,403 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,033 and a rental value of £1,243 per month.
If you were able to purchase this property for the estimated value of £367,777, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,808 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Palmer Drive, Andover sits on a plot of 223m2.
We have plot size data on 9 out of 13 other houses in the postcode and 1, Palmer Drive, Andover sits on the 9th largest plot.
According to HM Land Registry, 1, Palmer Drive, Andover was last sold on 10 Jul 2018 for £318,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2018, the market for similar properties has risen 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Palmer Drive, Andover within a radius of 760 metres over the last 2 years.
The most recent example is 2, Pearman Drive, Andover, SP10 2SB, a Freehold house which sold for £390,000 in Sep 2022.
Read more about house prices in SP10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to 1, Palmer Drive, Andover within a radius of 760 metres over the last 2 years.
Most recently 8, Pen Close, Andover, SP10 2QD, a Freehold house let by Ashwells Estate agents in Nov 2023.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmer Drive, Andover, SP10 has a total of 13 addresses. According to our analysis of all the public data, 1, Palmer Drive, Andover is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in SP10.
1, Palmer Drive, Andover has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Palmer Drive, Andover is Andover station which is 2.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Palmer Drive, Andover, 51.3% of property is privately owned outright and 36.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Palmer Drive, Andover, 17.9% of residents are recorded as possessing school level qualifications and 28.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Palmer Drive, Andover, the average age was 35.6 and the most common age was 12.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Palmer Drive, Andover, 1.4% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Palmer Drive, Andover, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.