According to the public record, 2, Sedge Road, Andover is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sedge Road, Andover, SP11 is located in the borough of Test Valley within the SP11 postal district.
2, Sedge Road, Andover has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated July 2012.
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 2 Sedge Road Andover as £146,753 and the rental value as £809 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 2 Sedge Road Andover has increased by £2,991 (2.0%) and its rental value has increased by £43 per month (5.3%).
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 2, Sedge Road, Andover is in very good condition we estimate a sale value of £154,091 and rental value of £850 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,481 and a rental value of £753 per month.
If you were able to purchase this property for the estimated value of £146,753, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £721 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, 2, Sedge Road, Andover was last sold on 28 Jun 2021 for £132,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 13.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Sedge Road, Andover within a radius of 790 metres over the last 2 years.
The most recent example is 9, Hadleigh Close, Andover, SP11 6WQ, a Leasehold flat which sold for £161,000 in Mar 2024.
Read more about house prices in SP11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sedge Road, Andover, SP11 has a total of 27 addresses. According to our analysis of all the public data, 2, Sedge Road, Andover is the 21st largest and the 27th most expensive property on the street.
When compared to the postcode district it is £273k less expensive than the average property in SP11.
2, Sedge Road, Andover has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jul 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2, Sedge Road, Andover is Andover station which is 2.9 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 2, Sedge Road, Andover, 55.9% of property is privately owned with a mortgage and 22.0% is privately owned outright.
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 2, Sedge Road, Andover, 20.5% of residents are recorded as possessing school level qualifications and 32.9% 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 2, Sedge Road, 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 2, Sedge Road, Andover, 0.0% 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 2, Sedge Road, Andover, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.