According to the public record, Melbury, Andover is a early-century freehold house with 823 ft2 of internal area and sits on a 1,004 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Red Post Lane, Andover, SP11 is located in the borough of Test Valley within the SP11 postal district.
Melbury, Andover has a single entry in the Land Registry database from July 2011 and a single entry in the EPC database dated May 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 Melbury Andover as £357,993 and the rental value as £1,402 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Melbury Andover has increased by £6,977 (1.9%) and its rental value has increased by £72 per month (5.1%).
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 Melbury, Andover is in very good condition we estimate a sale value of £375,893 and rental value of £1,472 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £332,934 and a rental value of £1,304 per month.
If you were able to purchase this property for the estimated value of £357,993, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,759 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, Melbury, Andover sits on a plot of 1004m2.
According to HM Land Registry, Melbury, Andover was last sold on 08 Jul 2011 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2011, the market for similar properties has risen 57.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Melbury, Andover within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 17, Rectory Place, Andover, SP11 0PZ, a Freehold house which sold for £359,950 in Feb 2024.
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 3 lets within a 2.3 kilometres radius of Melbury, Andover over the last 2 years.
Most recently 4, Bluebell Close, Andover, SP10 3XE, a Freehold house let by Ashwells Estate agents in Jun 2024.
Red Post Lane, Andover, SP11 has a total of 1 addresses. According to our analysis of all the public data, Melbury, Andover is the largest and the most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in SP11.
Melbury, Andover has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 May 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Melbury, Andover is Andover station which is 3.3 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 Melbury, Andover, 47.0% of property is privately owned outright and 34.8% 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 Melbury, Andover, 14.3% of residents are recorded as possessing school level qualifications and 41.8% 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 Melbury, Andover, the average age was 43.4 and the most common age was 52.
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 Melbury, Andover, 1.5% 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 Melbury, Andover, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.