According to the public record, 1, Spinney Road, Andover is a modern leasehold apartment with 564 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Spinney Road, Ludgershall, Andover, SP11 is located within the SP11 postal district.
1, Spinney Road, Andover has 21 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated March 2011.
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 Spinney Road Andover as £154,925 and the rental value as £820 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 1 Spinney Road Andover has increased by £2,371 (1.5%) and its rental value has increased by £41 per month (5.0%).
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, Spinney Road, Andover is in very good condition we estimate a sale value of £162,672 and rental value of £861 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,081 and a rental value of £763 per month.
If you were able to purchase this property for the estimated value of £154,925, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £761 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 HM Land Registry, 1, Spinney Road, Andover was last sold on 13 Nov 2020 for £143,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2020, the market for similar properties has risen 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Spinney Road, Andover within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 6, Spinney Road, Andover, SP11 9FB, a Leasehold flat which sold for £145,000 in Nov 2022.
Read more about house prices in SP11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 1.3 kilometres radius of 1, Spinney Road, Andover over the last 2 years.
Most recently 10, Eleanor Court, Andover, SP11 9SB, a Leasehold flat let by Ashwells Estate agents in Apr 2024.
Spinney Road, Ludgershall, Andover, SP11 has a total of 19 addresses. According to our analysis of all the public data, 1, Spinney Road, Andover is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £264k less expensive than the average property in SP11.
1, Spinney Road, Andover has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Mar 2011.
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, Spinney Road, Andover is Grateley station which is 9.3 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, Spinney Road, Andover, 44.7% of property is privately rented and 29.8% 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, Spinney Road, Andover, 21.9% of residents are recorded as possessing school level qualifications and 39.9% 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, Spinney Road, Andover, the average age was 46.2 and the most common age was 57.
The graph below shows how this compares to South West 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, Spinney Road, Andover, 0.2% of property was a second home.
Comparison figures for South West 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, Spinney Road, Andover, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.